IRS Form 7004: How To Get an Extension on Filing Business Income Tax
Once filed, Form 7004 is automatically approved unless the IRS contacts the filer to deny the extension. However, businesses ...
Trump and the expiration of the TCJA: Here’s what’s next for your tax bill
The Tax Cuts and Jobs Act (TCJA), a massive overhaul of the tax code, is set to expire at the end of 2025. Here’s what could happen.
Philadelphia’s business tax problem is a jobs problem
The potential elimination of the BIRT exemption places new pressures on small businesses, making immediate tax reform not ...
Tax Guru7d
Income from Business and Profession under Income Tax Act 1961
In the realm of taxation, income is classified into various categories, with one of the most significant being Income from ...
IRS says $1.025 billion in tax refunds remain unclaimed for 2021 taxes
April 15 is the drop-dead date for filing a 2021 federal income tax return, if you haven't done so. The IRS says many are ...
Business Insider4d
Best Small Business Tax Software: Top Picks for 2025
TurboTax: Best Overall Tax Software for Small Businesses The Premium edition of TurboTax small business software (formerly called Self-Employed) is ideal for anyone with income from the gig ...
Why a popular tax break that helped Philadelphia’s small businesses may be going away
Philadelphia has effectively exempted companies that make less than $100,000 from business in the city from paying the ...
5 ways small business owners can reduce taxes in 2025
Ramp explains that some of the most successful business owners know that tax planning is a year-round process, not a one-time ...
The Week20h
The new Income Tax Bill makes things simple, but there are concerns
THE PRIMARY INTENTION of the new Income Tax Bill, introduced by Finance Minister Nirmala Sitharaman in February, is to ...