The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

As the 2025 tax season unfolds, the IRS has introduced several updates to the Form 1040, the cornerstone of tax filing for ...

With tax season right around the corner, it is necessary to know our income and expenses and how they affect our tax return.

Plus: A slow start to the tax filing season, movement on the budget, refusing to file, rescheduling cannabis, tax filing ...

In the latest income tax bill, a significant change has been made regarding deductions under section 80C of the Income-Tax ...

It has been 50 years since the Earned Income Tax Credit (EITC) was established for the benefit of millions of low- to ...

Very few people like tax season, but missing out on valuable deductions could mean leaving money on the table. Many taxpayers ...

Finance Minister Nirmala Sitharaman introduced the New Income Tax Bill 2025 in Lok Sabha, set to replace the Income Tax Act ...

For Hybrid Businesses (e.g., Sweet Shops with Restaurants): Separate invoicing and classification are necessary to ensure compliance. Restaurant sales should be billed under SAC 996331 at 5% GST, ...

Currently, there is a considerable delay in enabling the GST registration on the Professional Tax porta for dealers registered under the Karnataka Goods and Services Tax Act, 2017. This delay disrupts ...

Property values are up 13.5 percent in Waynesboro over the past two years with residential properties seeing the largest ...

Preferreds are called “hybrid” investments because they share qualities of both common stock and bonds. And these 3 pay huge ...