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…
IRS Allows Refunds on Dyed Fuel Taxes Under IRC §6435
IRS issues rules for reclaiming excise taxes on clear fuel later dyed for nontaxable use, requiring original taxpayers…
Michigan Treasury Sends Notice of Adjustment Letters to Thousands via Eservices
Michigan Treasury sent 27,000 incorrect tax notices in April 2026. No action is required from taxpayers as account…
GOP Proposes Indexing Capital Gains to Inflation, Cutting Top Rate to 15%
Republicans propose indexing capital gains to inflation and cutting top rates to 15%, but current IRS rules still…
£71.1 Billion Tax Bill Hits London as Frozen Thresholds Push Higher-Rate Taxpayers Up
Londoners paid record £71.1bn in income tax in 2023/24 as frozen thresholds pull more workers into higher brackets…
Labor Targets Negative Gearing and CGT Discount in Budget Overhaul
Australia considers 2026 budget reforms to negative gearing and CGT discounts to improve housing affordability and reduce tax…
Income-Tax Act, 2025 Replaces Tax Audit Forms with Section 63 and Consolidated Form 26
India introduces Form 26 and Section 63 for tax audits starting April 2026, replacing old forms with a…
Section 301 Rules Make Earnings and Profits the Key to Taxing Shareholder Distributions
Guide to 2026 corporate distribution reporting, 1099-DIV deadlines for 2027, and the tax impact of Earnings and Profits…
Israel Promises 0% Income Tax for New Immigrants in Major Aliyah Drive
Israel announces a 0% income tax for new immigrants in 2026-2027 on local income up to NIS 1M…
Income-Tax Rules 2026 Introduce Forms 46 and 47, Require Chartered Accountant Certification
Forms 46 and 47 create a new online route under India’s 2026 tax rules for multi-year arm’s length…
5 Key Investing Ratios That Reveal If a Share Price Is Truly Cheap or Expensive
Learn how to use financial ratios like P/E and debt-to-equity to evaluate business health, liquidity, and valuation for…