The potential elimination of the BIRT exemption places new pressures on small businesses, making immediate tax reform not ...

Managing business expenses used to mean shuffling paper receipts, chasing down employees for documentation, and discovering ...

Philadelphia Mayor Cherelle Parker’s proposal to cut business taxes received criticism, Tuesday, from anti-poverty activists.

Parker will deliver her budget address to City Council on Thursday.

The IRS allows deductions for the cost of a ransomware attack as a business expense, as long as you can provided receipts of the cyber attack.

Section 115BBE, which applies to unexplained income, was therefore not applicable. Accordingly, the ITAT allowed the appeal and ruled that the higher tax rate under Section 115BBE could not be imposed ...

Philadelphia would cut business tax rates every year and begin spending hundreds of millions of newly allocated dollars on ...

The central government’s disinvestment receipts in 2024-25 (FY25) are set to be the lowest since the Narendra Modi government ...

The business receipts indices of Hong Kong's financing, insurance and transportation industries showed double-digit increases in 2024, the Census and Statistics Department of the Hong Kong Special ...

Mayor Cherelle Parker said it’s about balancing the city’s books during a time of financial uncertainty while offering some relief to businesses.