The IRS released guidance on the income and employment tax treatment of contributions and benefits offered under state paid family and medical leave programs.

Conclusion: C onstruction of canals/ pipelines/ conduits to support irrigation, water supply or for sewerage disposal, when provided to the Government, could not be exigible to service tax. Once tax ...

The Internal Revenue Service ended 2024 with new regulations on reporting cryptocurrency transactions, amendments for ...

The U.S. Treasury Department and the IRS have released proposed regulations to update the rules for certain tax professionals ...

For expatriates, navigating tax obligations begins with establishing residency status under the Income Tax Act. You're ...

Starting from the 2025-2026 fiscal year, the National Board of Revenue (NBR) will be able to impose an income tax of up to 20% on the producers of these products ...

Navigating the tax landscape for art dealers, investors, and collectors can be a complex endeavor, but proper classification ...

Taxpayers bear distinct obligations to file a tax return and to pay tax enforceable by tax penalties. The failure-to-file penalty is more severe and more strict.

How would one define being caught in the Middle?  When your rate of GDP growth is not high enough to really pull people higher from their current economic and financial status but there is ...

Practitioners should address regulatory changes, focus on practice management, and help clients plan for the scheduled TCJA ...

Getty Images Save more tax by including some tax-free perks in salary and investing in tax-saving options. Bengaluru-based software professional Rajesh Kumar is paying a high tax because his salary ...