The Income Tax Act was enacted in the year 1961 and is the statute under which everything related to taxation is listed. This includes levy, collection, administration and recovery of income tax.
Definition: Tax-planning funds cater to the investors' need of minimizing tax burden on the returns from investments. They are also called equity-linked tax saving funds or ELSS. These funds are ...
Six Ways to Optimize Your Charitable Giving Before Year-End As 2024 winds down, right now is the time to look at how you plan to handle your charitable giving. The sooner you start, the more tax ...
The Internal Revenue Service, working with the Security Summit partners, announced a special awareness week focusing on taxpayers and tax professionals to protect sensitive financial information from ...
Similar to Xero, adding an extra team member costs $10 per month, with Bonsai Tax at $10 per month. Wave is a decent option if you’re looking for free software to handle invoicing and accounting for ...