Explains when high-volume, systematic trading is treated as business income and highlights major criteria, tax rates, and compliance ...

The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...

Target’s profit is down 19 percent heading into the holidays, but for spreadsheet users it is also the start of a multi-quarter recovery dashboard you can track in Sheets.

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

ISLAMABAD: Federal Tax Ombudsman Dr. Asif Jah has ordered an investigation against the Federal Board of Revenue (FBR) for secretly altering the Wealth Statement format for Tax Year 2025 in the last ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Michael Boyle is an experienced financial professional with more than 10 years working with ...

The income tax (I-T) department has now enabled the ITR-5 Excel form online for firms, Limited Liability Partnerships (LLP), Associations of Persons (AOP), and Bodies of Individuals (BOI). In a post ...

New Delhi: The Income Tax Department on Saturday released the ITR-5 Excel Utility for Assessment Year 2024–25. This utility can be used by partnership firms, Limited Liability Partnerships (LLPs), and ...

The Income Tax Department has released the Excel utilities for ITR-2 and ITR-3 for Assessment Year 2025-26. Thus enabling taxpayers with capital gains, crypto earnings, foreign assets along with ...

A company’s long-term success hinges on its financial health. In a competitive market, stable companies may come out on top while unstable companies can struggle to survive. One of the clearest ways ...

The PGA Tour has officially announced its decision to eliminate the starting strokes at the season-ending TOUR Championship. This change will take effect immediately, meaning that in the 2025 edition ...