Explore how clean surplus accounting exposes hidden income statement items, impacts net income, and its significance for ...

Discover why the ITAT consistently overturns tax additions founded solely on bank entries and how proper enquiry and evidence ...

Several taxpayers have complained that they have received an email and/or SMS from the income tax department saying that ...

This guide explains that disclosure under Schedule FA is mandatory, even for zero-income foreign accounts or unsold RSUs. Following calendar-year reporting and proper documentation helps avoid ...

The new investment accounts were created as part of President Trump’s tax and spending legislation, passed over the summer.

Discover key differences in income statements for merchandising and service companies, including inventory, cost of goods sold (COGS), and revenue variations.

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...

Tesla's stock-based compensation has surged by more than tenfold in the past 10 years to $2.45 billion TTM. Click here to ...

Gaviota, GAESA’s tourism group, was making 42% net profits in the first quarter of 2024, double the average in the global ...

Quicken Business and Personal and FreshBooks are two different platforms that serve distinctly different audiences, despite ...

The Commonwealth Bank of Australia will refund low-income earners receiving Centrelink payments approximately $68 million in ...

Richard Roman Shum, Esq., a leading attorney at The Law Office of Richard Roman Shum ( presents a focused initiative on the ...