It's unclear whether extending the TCJA provisions for individuals is likely, so what can you do to reduce your overall tax ...

Britain is one of the "least work-oriented countries in the world", BrewDog co-founder James Watt has said. Meanwhile, ...

ITAT Ahmedabad held that addition of short term capital gain on account of transfer of shares on presumption basis without bringing on record evidencing actual receipt of consideration cannot be ...

This paper discusses the three schools of thought regarding ‘income’ in such cases, the first one that says there must be entry of cost price in the revenue column thereby leading to cancellation in ...

The author writes "Over the past two decades, the Internal Revenue Service and the Department of Justice have cracked down on the use of offshore accounts and vehicles to evade U.S. income taxes.

The IRS has announced the official start of tax season. Learn what you need to know to get your returns filed on-time, accurately, and as inexpensively as possible. Don't fall victim to ...

Calculating taxes on investments involves downloading tax forms from your broker and grasping various investment tax rates.

FPI, or Foreign Portfolio Investment, in the context of income tax, refers to the tax treatment and implications of income ...

They will yet again have to make sense of a head-spinning array of new proposals, amendments and political fights before ...

Americans making $50,000 could see their tax bills grow by over $1,000 if Congress doesn't intervene.

Tax evasion is a criminal offense in India, and the Income Tax Act of 1961 stipulates severe penalties and imprisonment for ...

Confused about Hindu Undivided Family (HUF) units? This guide answers the most common questions about their tax advantages, ...