News

The 2025 expiration of key tax cuts threatens American farms with billions in new taxes, risking jobs, food supply, and rural ...
Volunteers with the Volunteer Income Tax Assistance program returned more than $2.8 million to residents in a five-county ...
As the tax filing season ... in the CWT certificates. Failing to do so could lead to the disallowance of claimed CWTs and may result in the BIR imposing deficiency income tax during an audit.
CA Yeeshu Sehgal says: “The change proposed by the Income Tax Bill 2025 in terms of removal of nil TDS certificates has both positives and negatives especially for NRIs. On the one hand, it allows ...
The dividend can be 0% to 100% eligible for the preferential income tax rate. For 2024 the fund ... yield on a comparative basis and high capital appreciation potential. Under normal conditions ...
Investors should consider putting their money in municipal debt obligations for two main reasons: Interest income that's generally tax exempt ... and appealing capital appreciation potential ...
If I pay tax on unrealized appreciation this year, do I get my money back when the value goes down next year? You can see how the current system makes sense: if we want to include “investment income” ...
Most states are categorized as either tax lien or tax deed states. Real estate investors in tax lien states often purchase tax lien certificates ... properties to earn income over time.
Capital appreciation is the increase in value of an asset over its purchase price. Total return combines asset appreciation and income ... to know since it can have tax implications and is ...
Section 24 of the Income Tax Act 1961 offers substantial tax benefits for homeowners ... You must have an interest certificate showing the interest payable on the loan. Keep in mind that your interest ...
One key tool for addressing this complexity is the Tax Residency Certificate (TRC). This document plays a crucial role in preventing the same income from being taxed twice through the provisions of ...