If any liability towards unpaid expenditure is incurred by a person in a year and paid by such person in any subsequent year, ...

Held: In the instant case, the disallowance of interest expenses was made by AO by taking view that assessee had shown ...

ITAT Pune held that addition toward unexplained expenditure is liable to be deleted since assessee inadvertently mentioned ‘commission expense’ instead of actual ‘construction expenses. Accordingly, ...

It can be financially feasible to retire when projected retirement income equals or exceeds projected retirement expenses. In ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

As an employer, one of the most important aspects of building a competitive benefits package is offering your employees ...

Stretching a paycheck beyond the basics is becoming harder for many Americans. After covering taxes and essential expenses, ...

An emergency fund is important for financial security. It provides a safety net during unexpected situations. One can start ...

Learn how Jaspreet Singh, a self-made millionaire, sets up his bank accounts to grow wealth faster — and how you can too.

A special needs trust (SNT) and an Achieving a Better Life Experience (ABLE) account each provide a tax-free way for people ...

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...

"I'm recently engaged and having a hard time wrapping my mind around how to equitably share income and expenses. My partner ...