This article explains the concept of a Lower Deduction Certificate, its legal basis, eligibility, and the detailed procedure ...

The ITAT emphasized that the CIT (A) is bound to pass a detailed, merit-based order. As a result, the ITAT remanded the case back to the CIT (A) with instructions to reconsider the appeal on its ...

Two deductions you’ll normally see on a payslip are income tax and National Insurance. Income tax is a deduction that goes ...

A congressional proposal to prevent marijuana businesses from accessing standard tax deductions—regardless of whether ...

It is not widely known that even if you are not yet divorced, if you did not live with your spouse for the last six months of ...

The value of Google’s businesses and the momentum the company is seeing in AI services point to a bright future.

No matter how anxiety-inducing the process may be, the April 15 deadline for filing federal tax returns is approaching.

Google was recently ranked the third most valuable brand in the world by Brand Finance. The company’s Gmail, YouTube and ...

I have potential new clients reach out who have not filed income taxes for several years. For some reason they have come to ...

Since we withdrew money from our 401 (k), we expect to owe the IRS money this year. However, by itemizing and deducting the interest paid on our mortgage debt, along with several additional tax breaks ...

The Head of Household filing status has been a part of the IRS Code since 1951. It was created to provide tax-relief to single-parent households.

The Tuition and Fees Deduction was phased out, but there are two main credits still available. Learn more about college ...