From the Caribbean to Asia and across Europe, as well as Sub-Saharan Africa, modern economies are replete with bankruptcy ...

ITAT Kolkata allows Begpur Samabay Krishi Unnayan Samity Ltd. 80P(2)(d) deduction on Rs.28 lakh interest. Tribunal distinguished the Totgars SC ruling, holding that interest from deposits with a ...

The federal student loan system is barreling towards a cliff. Millions of borrowers are expected to default on their debts ...

ITAT Kolkata remands 80P deduction appeal of Jotesriram Samabay Society back to CIT(A). The Tribunal orders fresh consideration of Rs.89 lakh interest income, stressing need for bifurcation and ...

Nigeria’s steep windfall tax on its banking sector’s realised profits from foreign-exchange transactions, effective from 2023 ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

Practical guide for married parents on 2025 tax credits, eligibility thresholds, filing deadlines, and steps to maximize refundable credits. Read now.

Sierra Vista nestles in the beautiful Huachuca Mountains of southern Arizona. This peaceful city combines military heritage with breathtaking mountain scenery. Living costs here are far below Phoenix ...

Over the last few weeks, we have written about various tax credits, and we have saved one of the best for last. The dividend ...

Two tax credit program audits concerned the Legislative Post Audit committee, one because it lacked data and one about cost ...

Unfortunately, for far too many Idahoans, the dream of homeownership has been beyond reach, as the gap between the demand for ...

Freedom Debt Relief reports that severance pay is taxable as ordinary income, affecting your tax bracket and obligations. Employers may withhold varying amounts based on payment structure.