Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the ...

19. Thus, it is abundantly clear that the impugned order passed by the ld. PCIT is in gross violation of the principles of natural justice, passed without considering the contentions of the assessee ...

Determine the percentage of net income that is included in your net world income Calculate your allowable amount of federal non-refundable tax credits You have included on your return 90% or more of ...

For more information about allowable motor vehicle expenses, see Motor vehicle expenses. If you have received a non-taxable motor vehicle allowance and can show that the employment-related motor ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax ... adds the depreciation expense back to calculate cash ...

To better equip you for the tax-filing process, here the basic steps you must follow to calculate your taxable income. Your total income constitutes the grand total of all your earnings during a ...

Penalty-free retirement distributions, casualty loss deductions and delayed tax filing and payments can all provide some short-term financial relief.

How to calculate advance tax? Advance tax in India is determined based on applicable income tax slabs and involves estimating the taxpayer's total income for the financial year. Here’s a step-by-step ...

Income Tax in India for Each Slab: An income tax calculator is a simple tool that helps you figure out how much tax you need to pay based on your income details. It also allows you to compare the tax ...

Flexi Cap 0.10% Axis Nifty Midcap 50 Index Fund +46.03% Invest Now Equity: Mid Cap 0.28% Here’s a step-by-step guide to help you calculate your income tax under both regimes. Understanding the tax ...

To maintain its thriving tourism industry while enhancing oversight, Japan is introducing a revamped tax-free system that changes the way international visitors can enjoy shopping savings.

or marginal tax rate. How to calculate your marginal tax rate Figuring out your marginal tax rate is often fairly simple. Once you know how much taxable income you have, you'll just need to review ...