JournalofAccountancy53m
Frivolous-tax-return penalty sustained
The Tax Court found all requirements of Sec. 6702(a) were met regarding the taxpayer’s zero-wage and -income return.
Will The Income Tax Act, 1961 Be Replaced? What is Direct Tax Code & When Will It Be Implemented- Details Here
The government is set to overhaul India's tax system with the introduction of the Direct Tax Code (DTC), aimed at simplifying compliance, reducing ambiguities, and boosting digital integration. While ...
JournalofAccountancy55m
How does Medicare enrollment affect HSA eligibility?
The complex rules for Medicare and health savings accounts lead to many client questions. Here are answers to some of the most common ones.
From new slabs to crypto tax: 10 key tax reforms in recent Union Budgets
Union Finance Minister Nirmala Sitharaman is set to make history today as she presents her eighth consecutive Union Budget ...