For those in need, Form 4868 is the unsung hero of spring, granting you an automatic six-month extension to file your tax ...

Some House Democrats argued the legislation would bring little tax relief to lower-income residents, while benefiting the ...

The Income-tax Bill 2025 grants tax officers power to access digital spaces, including social media and bank accounts, to combat tax evasion, with safeguards to protect privacy and ensure compliance w ...

If you haven't filed yet, you might want to know that there are new federal income tax brackets for tax year 2024. Every year ...

In the realm of taxation, income is classified into various categories, with one of the most significant being Income from ...

The taxpayers counsel argued that the levy is double taxation; therefore, it is unconstitutional, adding the constitution ...

ISLAMABAD: Justice Aminuddin Khan questioned whether the definition of “tax” in clause 63 of Section 2 of Income Tax ...

Kilpatrick’s Jordan Goodman recently joined other thought leaders at the ABA-IPT Advanced State Income, Advanced Sales/Use, and Advanced Property ...

A business bank statement tracks transactions, balances, and cash flow. Learn key components and tips for better financial ...

Understand what tax liability is, how it's calculated, and its impact on your finances. Learn about different types of tax ...

The Institute of Cost Accountants of India (ICMAI)-Hyderabad chapter has urged the Central government to include cost accountant in the definition of ‘accountant’ in the Income Tax Bill 2025 as they ...

WHY TO INCLUDE COST ACCOUNTANT IN ACCOUNTANT DEFINITION OF THE INCOME TAX ACT/BILL . 1. Introduction. Before delving into the ...