Residents in three states don't owe self-employment tax if they're a true limited liability partner under the law.

IRS staff shortages and new tax laws mean you should file your taxes early and triple-check everything.

The new income tax regime has seen widespread adoption among individual taxpayers, with about 88 per cent now filing returns ...

Budget 2026 introduces major income tax rule changes, including extended ITR revision deadlines, reduced penalties, wider ...

The decision sets a precedent for businesses that declare zero income while actively operating, yet fail to produce proper ...

With Nigeria trying to boost non-oil revenue, Value Added Tax (VAT) compliance is becoming harder for businesses to ignore. .

MAT, meant only for companies, is calculated at the rate of 15 per cent of book profit and is chargeable only when it is more than the income tax. The Budget has proposed MAT to be the final tax and h ...

Patrick Malloy serves as Co-Director, National Tax Practice and Strategy with Crescent Grove Advisors, a boutique wealth ...

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.

The proposals outlined in Budget 2026-27 represent a carefully crafted, multi-year strategy designed to strengthen India's ...

The Bill simplifies filings, eases compliance, and boosts certainty. Key takeaways include revised deadlines, MAT changes, ...