Summary: Presumptive Taxation under Section 44ADA of the Income Tax Act simplifies tax compliance for Indian freelancers earning from Indian and foreign clients. Freelancers in specified professions ...

Invoicing is a fundamental aspect of any business, whether it’s a small startup or a large corporation. Invoices are crucial for keeping track of payments, maintaining professional relationships with ...

These bunch of six appeals are filed by the Revenue as against the different appellate orders passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, (in short ...

Do you have supporting forms and receipts in hand? Here's what to know about tax-filing season for Arizona and federal ...

IRS Form 1099-K could be in your future if you sold items via online marketplaces like eBay and Venmo. Here’s what you need ...

The Supreme Court of Ohio upheld the denial of Total Renal Care, Inc.’s (“TRC”) refund claim of Ohio Commercial Activity Tax (“CAT”) that it paid ...

Freelancers choosing Section 44ADA have to declare a minimum of 50% of their gross receipts as income, but they can still ...

The wait is over and the tax season officially begins on January 27 and will run until April 15, 2025, a period in which the ...

As a first-time small business owner, you're responsible for paying federal income taxes according to the rules set by the ...

Tax filing season has begun, and the IRS started accepting 2024 federal tax returns on Monday. But the process isn't easy for ...

Your prior year return will give you a good starting point for figuring out what documents you need to have handy to fill out your 2024 return, said Tom O’Saben, director of tax content and government ...