There are 2 tax incentives: Claim a deduction against income Earn an investment tax credit (ITC) To benefit from the incentives, you must link your eligible work to expenditures you can claim.

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly. Learn more about common tax breaks and how to claim them. Many, or all, of the ...

As a result, his tax returns underreported the business’ gross receipts by millions of dollars. Cooper kept more than $1.1 million that he should have paid in federal and state income taxes, ...

Mishra suggested that while tax cuts will likely benefit certain high-income segments, their impact on broader consumption may not be as significant as the market expects. “The market didn’t ...

The Karnataka High Court has said that in intellectual property rights cases, the ex-parte order of appointment of the Court Commissioner for search and seizure–an Anton Piller order ...

A former Monster Beverage Co. officer won’t get an income tax refund of about $675,000 after the California Office of Tax Appeals ruled that compensation for work he did in the state is taxable there, ...

A Dhaka court today (3 February) ordered authorities concerned to seize tax files of former chief of Bangladesh Financial Intelligence Unit (BFIU) Masud Biswas, police inspector Mir Mohammad Abul ...

The Fund aims to provide a monthly income with prospects for capital growth over the long term. It looks to provide an income yield higher than the FTSE All-Share Index over rolling 3-year periods, ...

The announcement of Nil tax for those with taxable income of up to Rs 12 lakh has brought cheer to all who fall in that category. However, many who are marginally above that ceiling will end up taking ...

The court also deprecated the conduct of the investigating officer (IO) for failing to inquire about the alleged role of former MLA Kapil Mishra in the rioting incident connected to the matter ...