5 Small Business Tax Audit Triggers and What to Do If the IRS Comes Calling

Small business IRS audits are like shark bites: They're rare, but painful for the unlucky few who suffer them.

Jason Carr

Save Big with This AI Tax App

Leave the taxes to the AI with this app, 80% off.

Six Ways To Avail Tax Benefits Under Section 80C

Section 80C provides for payers to reduce their taxable income annually up to a limit of INR 1.5 lakh. Here are six tax-saving investment schemes which not only decrease your tax but help in wealth generation

Paromita Gupta

Union Budget 2023-24: Six Key Household Expectations For Wealth Generation

While Finance Minister Nirmala Sitharaman is all set to present the Union Budget for 2023-24 in the Lok Sabha on February 1, let's take a look at all the possible ways the government can help for payers with tax deductions to save more and grow their personal wealth

Paromita Gupta

Richest 1% Indians Own More Than 40% Of Country's Wealth: Report

The report stated that the top 5% own 61.7% of the total wealth; nearly 20 times more than the 3% owned by the bottom half

Teena Jose

How This New Accounting Feature Can Save Businesses From Fraud and Financial Mishap

Reconciliation has been a pain point for small businesses for a long time, but new technologies now enable payments companies like banks to automate the reconciliation process. The small business banking market in North America still leaves much to be desired, leaving room for innovative banks to differentiate themselves from competitors.

Nick Chandi

What Is a 1099 Form? Everything You Need To Know.

Form 1099s can be complex, which is why it's not uncommon to hire someone to help you handle one. Here's everything to know about a 1099 form.

Moving to Florida to Save on Taxes? Be Prepared For a Sticker Shock.

Although Florida is one of the few states that has no income tax, high prices for insurance, housing and healthcare could mean that residents don't save as much as they think.

Walmart Gets $1 Billion Tax Bill For PhonePe Shift To India: Report

In July 2022, the digital payments firm PhonePe had revealed its plan to shift its headquarters from Singapore to India

Teena Jose

These 9 States Have No Income Tax — But Are They Better or Worse For Your Finances? Here's Everything You Need to Know.

Does your state require income tax? Discover everything you need to know about nine states with no income tax in this detailed guide.

14 Tax Deductions Your Small Business Might Be Overlooking

Keep more of the value your business generates by following these tax time tips.

Jim Conroy