While the world has become more linked to China, China-based companies have become more vertically integrated. Not only have ...

If you're dealing with unpaid IRS tax debt, a tax relief program could help you tackle the issue and get your finances back ...

It is getting a little difficult to talk about a post-tax filing season after April 15, 2025. With the use of tax extensions ...

Madras High Court held that claim of Input Tax Credit [ITC] barred by limitation in terms of section 16 (4) of the Central Goods and Services Tax Act, 2017 [CGST Act] but within period prescribed u/s.

In light of the factual findings and the guiding judicial precedents, the ITAT concluded that the entire addition of Rs. 1,43,00,000 made under Section 68 was unwarranted. The Tribunal accordingly set ...

Foreign assets attract tax under Section 112 at 12.5% for long-term gains without the benefit of indexation. Short-term gains ...

The Court of Tax Appeals (CTA) has denied the P13.9 million tax refund sought by Citco International Support Services Limited for its alleged input tax ...

No unintended conversion issues. If conversion is identified, get on the front foot and notify the financier and rectify the issue immediately. It’s better to have this tidied up before year end as it ...

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions. An AICPA statement said it is “deeply troubled” by the plan to curtail use ...

From extending the tax cuts he signed into law in 2017 to ending taxes on tips, overtime pay, Social Security benefits and ...

Trump's One Big Beautiful Bill, including a bigger child tax credit, is moving through Congress. See what may be in it for ...