In our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers readers' questions on tax deductions and ...

Before the Tribunal, Dept argued that expenses should have been capitalised by the assessee.

A Muncie tax preparer was sentenced Thursday for filing nearly 400 false tax returns, according to a news release by the Justice Department.

Tax relief is an avenue to explore if you owe more money in taxes than you can reasonably shoulder. One good way to reduce ...

Are medical expenses tax deductible? Learn what qualifies, how the 7.5% AGI rule works and who can benefit from this IRS deduction.

Items such as depreciation and taxes are included to adjust ... adjustments for non-cash items. These are expenses or revenues reported on the income statement that do not involve actual cash ...

Remanufactured “cores,” or used vehicle parts, are essential to the automotive industry but present distinct special tax and accounting considerations.

Results highlighted by strong loan growth, continued operating efficiency, and solid asset quality ...

Banks, mutual fund companies, registrars and other financial institutions give the ‘Statement ... in your income and expenses, Surana adds. Also read: Income Tax Returns AY2025-26: 5 key things ...

Tax law and funding cuts to Medicaid are the issues most likely to prevent one “big, beautiful bill” from moving through both chambers and reaching President Donald Trump’s desk. Republican leaders ...