Tax credits are important for businesses aiming to maximize profitability and sustainable growth. Bonus depreciation is a key ...

Depreciation is a major factor in the total cost of ownership, and it is important to understand how this works when buying a ...

Many first-time EV buyers were deterred after learning that some EVs lose their value more rapidly than comparable internal ...

Complexity costs may currently be a hidden tax on your business, but the good news is that it’s not one you have to continue to pay.

Long-term capital gains tax is payable on the lower of 12.5% without cost indexation or 20% with indexation. This indexation of the cost of acquisition (in its entirety) is available for computing ...

The Budget 2025 offers an opportunity to address systemic challenges, reduce compliance costs, and strengthen the trust between the government and taxpayers. With simplified tax rates, unified ...

Consumers will see the price of alcohol rise from Saturday when a hike in tax and duties comes into effect. The alcohol tax itself will rise in line with the Retail Price Index at 3.6% ...

The remaining $10.9 million requested would pay for replacement of other “end of life technology systems,” upgrades in IT security, increased postage costs for mailed tax notices and filling ...

Budget 2025 has introduced a tax structure that has left many questioning how a minor increase in income can lead to a significant tax liability. Entrepreneur Pranjal Kamra highlighted this issue ...

Outgoing Gov. Jay Inslee’s proposed solution? A wealth tax targeting individuals with assets exceeding $100 million. Inslee frames the measure as a remedy for the state’s fiscal woes ...

I don't know what precipitated it, but he mentioned how his accountant overcharged him for the one tax audit his business ever had (in ... audit for about $20,000 and would target not having it cost ...