Specialized accounting search

9+ hour, 9+ min ago   (439+ words) The draft rules, currently open for public feedback, are aligned with the forthcoming Income Tax Act, 2025, which is scheduled to take effect next year. A major proposal relates to cash deposits and withdrawals. Under the draft norms, PAN will be…...

9+ hour, 46+ min ago   (259+ words) Buoyed by the Supreme Court's ruling denying tax treaty benefits to US investment firm Tiger Global, India's tax authorities have, over the past two weeks, issued notices to at least seven overseas venture capital and private equity firms. The Income…...

13+ hour, 37+ min ago   (351+ words) The Internal Revenue Service has now closed nearly all outstanding claims for the employee retention credit after it was hit by billions of dollars in improper claims, aside from about 41,000 claims still under exam or appeal, according to a new…...

13+ hour, 50+ min ago   (305+ words) The International Auditing and Assurance Standards Board has decided to pursue non-authoritative guidance for now addressing some of the practical difficulties of applying its current standards to uses of emerging technology, like artificial intelligence." More practically, stakeholders are concerned about…...

14+ hour, 35+ min ago   (207+ words) Citrin Cooperman today announced it acquired Browne Consulting Group, expanding its presence in Boston and strengthening its expertise in the life sciences and biotech sectors." Browne, which is based in Boston, adds roughly 60 employees to the Top 25 Firm, which is…...

15+ hour, 13+ min ago   (760+ words) Due to higher technology demands, inflation concerns, and rising geopolitical uncertainty, investors are increasingly seeking hard assets for peace of mind." Gold, silver, platinum, palladium and other precious metals have increased in demand and risen to record prices. For instance,…...

20+ hour, 2+ min ago   (366+ words) "In the world of tax, you want to be right before you go fast," said co-founder and CEO Ben Borodach. "Our vision in life is to embed tax in every financial decision," said Borodach. "In contrast to that direct relationship,…...

1+ day, 4+ hour ago   (354+ words) Rajya Sabha MP Raghav Chadha has called on the government to abolish Long-Term Capital Gains (LTCG) tax on equities for individual investors. His demand comes after Finance Minister Nirmala Sitharaman announced a hike in Securities Transaction Tax (STT) on derivatives…...

1+ day, 10+ hour ago   (232+ words) The Internal Revenue Service is adding new capabilities to the online Tax Pro Account, allowing firms to specify which staff members are authorized to act under the business's Centralized Authorization File access. Sole practitioners and other businesses that don't use…...

1+ day, 16+ hour ago   (386+ words) The U.S. Tax Court issued a ruling saying that innovations in livestock production can qualify for the research and development tax credit, establishing new case law in an emerging field. Tax Court Judge Travis Greaves made a number of jokes in…...