The latest guidance from Revenue makes it clear that all social media income-generating activity is taxable, regardless of ...

Property tax remains the BMC’s primary source of revenue. Over the past two years, the civic body has stepped up its ...

Lawmakers across the U.S. will be debating whether to adopt new federal tax breaks for tips, overtime and business expenses.

The ITAT held that disallowance under Section 36(1)(iii) requires factual verification of business purpose. Interest-free loans to group entities were sent back for fresh ...

Looking ahead, tax season will kick off in late January. The IRS has not yet announced the date it’ll officially start begin accepting and processing tax returns, but last year, it was Jan. 27. The ...

For generations it has been taken as a near article of faith across the country that ownership is both the financially and socially superior way to inhabit a home and that public policy makers should ...

Learn what Cash Flow After Taxes (CFAT) is, how to calculate it, and why it's crucial for assessing a company's financial ...