The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

In the case of Webel Technology Limited, the Authority for Advance Rulings (AAR), West Bengal, examined whether the supply of manpower services, such as data entry operators and junior engineers, to ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...

Martin Lewis' Money Saving Expert (MSE) team has shared a clever way for electric vehicle (EV) owners to take advantage of a free tax loophole. Currently, EVs are exempt from road tax (vehicle excise ...

Several, if not hundreds, of nonprofit organizations on Guam could potentially have engaged in unauthorized activities and misused their tax-exempt status ... SOPs often find themselves heavily ...

ITAT Raipur held that exemption under section 11 and section 12 of the Income Tax Act not admissible to assessee society due to non-furnishing of return of income as required u/s. 12A (1) (b) of the ...

But if both life and health insurance premiums are made completely exempt from GST, it might potentially end up making both life and health insurance premiums more expensive, largely due to loss of ...

Navigating the complexities of tax exemptions ... allowing him to claim exemption under section 54F. The court observed that the law determines eligibility as per the number of houses ‘owned ...

If you find out someone ... you are to face tax liability for the money you inherit. For example, surviving spouses, parents, children, and grandchildren are often exempt from paying inheritance ...

The Joint Committee on Property Tax Review and Reform, made up of Ohio lawmakers from both major parties, was formed to study and recommend ways to reform Ohio’s property tax system. ExploreAs ...