Taxpayers Must Use Form 99 to Appeal Orders to JCIT(A) or CIT(A) Under Income-Tax Act, 2025
Income-tax Act 2025 mandates Form 99 for appeals. Taxpayers must choose between JCIT(A) and CIT(A) based on Sections…
IRS Proposes Rules on 1% Remittance-Transfer Tax for Mobile Workers Under Code Section 4475
The IRS proposed rules for a 1% remittance tax on cash-funded transfers abroad starting in 2026. Digital and…
U.S. Partnerships File Form 1065, Schedule K-1. Now Watch for Schedules K-2 and K-3
Understand Form 1065 and Schedule K-1 reporting for U.S. partnerships, including 2026 international tax requirements for foreign-linked entities.
Buy a New House in Joint Names? LTCG Exemption Still Possible on Capital Gains
Indian taxpayers can claim LTCG exemptions on joint property purchases if they funded the investment and met strict…
Nris and Immigrant Founders Face Complex Form 1065 Filing with Schedule K-1 for Multi-Member Llcs
Learn how U.S. partnership tax rules in 2026 affect LLCs, profit-sharing ventures, and international owners requiring Form 1065…
ITR Filing Checklist 2026: Gather PAN, Aadhaar, Form 16 for Assessment Year 2026-27
Prepare for India's ITR Filing 2026 by reconciling Form 16, AIS, and 26AS. Ensure PAN-Aadhaar linking and bank…
FY27 Tax Planning Guide for Nris and Visaverge Readers: Start Early to Save
A comprehensive guide for Indian taxpayers and NRIs to navigate FY27 tax planning, regime selection, and cross-border compliance…
Income-Tax Rules, 2026, Rule 46(8) Require Daily Backup on India-Based Servers
India's 2026 tax rules require daily electronic backups on India-based servers and constant accessibility of accounting records within…
India Replaces Form 15CA with Form 145 Under Income-Tax Act, 2025 for Foreign Remittances
India replaces Forms 15CA/15CB with Forms 145/146 on April 1, 2026, to standardize foreign remittance reporting and ensure…
9 Legal Ways Nris Cut Capital Gains Tax When Selling Indian Assets in ITR 2027
India's capital gains tax rules for 2026-27 impact property and stock sales, featuring a 12.5% LTCG rate and…
S Corporation Pass-Through Taxation Hinges on Form 1120-S Filing and Shareholder Rules
A 2026 guide to S corporation tax rules, covering ownership limits, March 15 filing deadlines, and the risks…
54EC Capital Gains Bonds Shield Gains from Tax. But Tax-Saving Fds Still Deductible
Compare 54EC Capital Gains Bonds vs Tax-Saving FDs in 2026. Learn about property tax exemptions, Section 80C deductions,…
S Corporation Tax Rules: Key Deadlines and Shareholder Scrutiny in 2026
S corporation tax rules in 2026 demand strict adherence to shareholder eligibility and filing deadlines, especially for founders…
Trump Signs Order Creating Trumpira.gov with Federal Saver’s Match for Workers
President Trump signs order creating TrumpIRA.gov by 2027, offering portable retirement accounts and a $1,000 match for workers…