Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division.

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

If you're a W-2 remote employee hired for a period of time to complete ongoing work on a company's payroll, you probably ...

Amidst the 2024 tax season, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your ...

The Union Budget 2025 proposes raising the TDS threshold, offering additional financial relief to small taxpayers and senior ...

Learn what happens if you don't file your taxes. Discover the consequences, penalties, and how to address unfiled tax returns ...

Each year we are asked to predict the business tax-related bills that died in the last legislative session but will likely be re-introduced in ...

Salaried individuals can achieve zero tax on annual income up to ₹13.7 lakh through standard deductions and investments in ...

There’s no reason advisors should be excluded from the 20% pass-through tax deduction that other professions enjoy as a result of the Tax Cuts and Jobs Act of 2017, Financial Services Institute (FSI) ...

As a first-time small business owner, you're responsible for paying federal income taxes according to the rules set by the IRS. The amount and frequency of your business taxes will vary. It's based on ...

Taxpayers preparing to file the 2024 tax returns should ensure they're claiming the tax credits and deductions they're ...

Section 80-IA grants deductions on profits earned from certain business activities. Its purpose is to incentivize investment in infrastructure and specific industries by providing tax benefits.