#taxnews

[bulletinobserver]

Boeing CEO ‘acknowledges mistakes’ in latest 737 Max crisis

Dave Calhoun, president and CEO of aircraft manufacturing giant Boeing, admitted to . . . Read the full article

[legalcy]

Filing Your Income Tax Return Through Our Chartered Accountant Experts :

Our team of Chartered Accountant experts is dedicated to helping you file your income tax return accurately and efficiently. With their expertise and knowledge, you can trust that your taxes will be handled with precision and care, ensuring that you receive any eligible refunds and avoid any potential penalties.

[numbersquadtax]

🚨 Attention Self-Employed Taxpayers! The government suspends business ownership reporting. No more paperwork worries – for now. Stay tuned for updates. 💼

[skfinancial]

Exciting news for 4.7 million individuals, businesses, and tax-exempt organizations! The IRS provides $1 billion in penalty relief for those who missed automated collection reminders during the pandemic. Most recipients earn under $400,000 a year. Eligible taxpayers with assessed tax under $100,000 get automatic relief, saving $1 billion in total. This applies to 2020 and 2021 tax years, and the penalty resumes on April 1, 2024. 💌 Special reminder letters with tax liability info and relief details will be sent this month. For further assistance, contact SK Financial CPA at ☎️ +1 813 322 3936 or visit our website 🌐 www.skfinancial.com Update

[innovatorsbharat]

Find out more about the New Angel Tax Provision in our recent article. Please visit our website to read the entire article https://innovatorsbharat.com/all-you-need-to-know-about-the-new-angel-tax-provision/

[my-cpe]

When the IRS says it, we've got to pay attention to it. They have a number of notices that is of high importance to every taxpayer, however, not everyone is well-versed in the traits of tax codes. Also, even though they are routine processes of the tax, notices from the IRS can be scary. Here's an article that discusses how to respond to IRS notices and IRS Taxpayer Advocate Service. Read Now for details.

#IRStaxupdate #taxadvocate #CPETaxCourse #taxexperts #taxnews #taxexperts, #taxpros, #taxlawyers, and #taxaccountants

[loorareed]

Cash Tracks Financial Colorado Springs provides tax preparation, tax filing, tax accountant services, plus tax remediation, tax relief services, and tax audit representation.  Call (719) 359-8789 to schedule an appointment.

[pmrepublic]

10 Best Accounting & Billing Software for India GSTN

We have list out some of the top 10 free GST-enabled invoice online applications for Indian businesses owners such as

1)Tally.ERP 9

2)ClearTax GST

3)Invoice Ninja

4)GST Keeper

5)Invoicely

6)Billbook

7)Invoice generator

8)Billdu

9)Invoice maker

10)Zoho Invoice

Click the link below to read more regarding the advantages and disadvantages of the softwares

[bulletinobserver]

QNB Group’s performance, growth driven by strong governance and strategy: Chairman

QNB Group chairman HE Ali bin Ahmed al-Kuwari addressing the bank's Ordinary General Assembly on Sunday . . . Read the full article

[numbersquadtax]

🚀 Tax Relief Alert!

🚀 Self-employed rockstars, rejoice! Reporting on digital assets gets a break. New rules are in the works. Stay tuned for the lowdown. 🎤💸 🌟

[skfinancial]

Important Tax Update! 📆 The IRS just announced that interest rates will stay the same for Q1 2024. Whether you're an individual or a corporation, these rates impact overpayments and underpayments. Need guidance or have questions? Contact SK Financial at 📞 +1 813 322 3936 or visit our website at 🌐 www.skfinancial.com.

[omniaverse-io]

Worried about calculating your taxes? No need too on the Apex Chain as we have enabled csv file download to make it as easy as possible for our investors.

[cadeveshthakur]

TDS ki कक्षा|Part 3|Interest, Fees, Penalty, Prosecution, Expense Disallowance under TDS|Income Tax

TDS ki कक्षा TDS Knowledge series Part 3 @cadeveshthakur #tds #incometax #cadeveshthakur #trending #viral TDS compliance and the consequences associated with it. In this video, we’ll explore various sections of the Income Tax Act related to TDS (Tax Deducted at Source) and discuss the implications for defaulting taxpayers. Here’s the content breakdown: 📌 Timestamps 📌 00:00 to 00:56 Introduction 00:57 to 02:46 Content Part3 02:47 to 03:54 Example 03:55 to 08:48 Assessee in default 08:49 to 11:00 example 11:01 to 17:07 late fees 17:08 to 23:40 interest 23:41 to 31:51 how to calculate interest & fees 31:52 to 37:00 penalties 37:01 to 38:30 prosecution 38:31 to 39:43 disallowance 1. Section 201: Assessee in Default o Explanation of what constitutes an “assessee in default.” o Consequences for failure to deduct or pay TDS. o Key points:  Interest (Section 201(1A)): When a deductor fails to deduct tax at source or doesn’t deposit it to the Government’s account, they are deemed an assessee in default. They become liable to pay simple interest:  1% per month (or part of a month) on the amount of tax from the date it was deductible to the date of deduction.  5% per month (or part of a month) on the amount of tax from the date of deduction to the date of actual payment.  Interest as Business Expenditure: Clarification that interest paid under Section 201(1A) cannot be claimed as a deductible business expenditure.  Penalty (Section 221): If a person is deemed an assessee in default under Section 201(1), they are liable to pay penalty under Section 221 in addition to tax and interest under Section 201(1A). The penalty amount cannot exceed the tax in arrears.  Reasonable Opportunity: The assessee has the right to be heard and prove that the default was for good and sufficient reason. 2. Section 234E: Late Fee for TDS/TCS Returns o Explanation of late fees for non-filing or late filing of TDS/TCS returns. o Due dates for filing TDS/TCS returns. o Late fee calculation: INR 200 per day until the default continues (not exceeding the TDS/TCS amount). o FAQs on Section 234E. 3. Section 276B: Prosecution for Failure to Deduct TDS o Overview of prosecution provisions for non-compliance with TDS obligations. 4. Disallowance of Expenses (Section 40(a)(i)/(ii)) o Explanation of disallowance of expenses if TDS is not deducted or paid. #youtubevideos #youtube #youtubeviralvideos #tdsfreecourse #freecourse #taxdeductedatsource #TDSCompliance #IncomeTax #TaxDeduction #TCSReturns #LateFiling #Penalty #BusinessExpenditure #TaxLiabilities #FinancialCompliance #TaxPenalties #TaxationLaws #AssesseeInDefault #InterestPayment #TaxProcedures #LegalObligations #TaxAwareness #TaxEducation #FinancialLiteracy #TaxPlanning #TaxConsultancy #TaxAdvisory #TaxProfessionals #TaxUpdates #TaxGuidance #TaxTips #TaxAccounting #TaxFiling #TaxReturns #TaxPolicies #TaxChallenges #TaxSolutions #TaxExperts #TaxCompliance #TaxAware #TaxMistakes #TaxConsequences #TaxPenalties #TaxKnowledge #TaxRules #TaxRegulations #TaxBestPractices #TaxManagement #TaxUpdates #TaxNews #TaxInsights #TaxGuidelines #TaxCode #TaxEnforcement #TaxEnforcementActions #TaxPenaltyProvisions #TaxPenaltyLaws #TaxPenaltyGuidance #TaxPenaltyExplained #TaxPenaltyFAQs #TaxPenaltyCompliance #TaxPenaltyAvoidance #TaxPenaltyMitigation #TaxPenaltyResolution #TaxPenaltyAdvice #TaxPenaltyConsulting #TaxPenaltyExperts #TaxPenaltyHelp #TaxPenaltyTips #TaxPenaltyEducation #TaxPenaltyAwareness #TaxPenaltyPrevention #TaxPenaltyManagement #TaxPenaltyStrategies #TaxPenaltyUpdates #TaxPenaltyNews For more detailed videos, below is the link for TDS ki कक्षा TDS Knowledge series https://www.youtube.com/playlist?list=PL1o9nc8dxF1RqxMactdpX3oUU2bSw8-_R