For calculating the tax liability arising on account of ESOPs, the employee would need to be aware of the FMV of the share ...

A lesser-known method is gaining attention, gifting mutual fund units to relatives to legally reduce, or in some cases ...

Using part of a 1% sales tax to provide property tax relief would send about as many dollars out of Wichita as it would bring ...

Experts suggest keeping at least six months’ worth of living expenses in a separate account, to be used strictly for ...

In this episode of Tax Notes Talk, Trudy Muscat of Deloitte Malta discusses Malta's changing international tax landscape, ...

Discover how identifying errors in Assessing Officer jurisdiction, notice issuance, and approval under Sections 148/148A can secure favorable ITAT/CIT(A) rulings. Learn key strategies to challenge ...

That guidance basically asks employers to use their best efforts to provide documentation; no penalties will be imposed on ...

The governor must first win over lawmakers who have rejected similar proposals. The state may have to backfill more than $17 billion for school funding alone.

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The ITAT held that income appearing in Form 26AS cannot be taxed unless actually received when the assessee follows cash accounting. The ruling confirms that 26AS entries alone cannot justify ...

You’ve worked hard all your life, but now it’s time (or almost time) to retire. One of your greatest fears is not having ...