This explains how most notices arise from differences between ITR data and information available with the tax department through AIS and ...

Discover what sundry income is, its impact on business finances, and see examples such as royalties and late fees. Learn how ...

Learn how to calculate the pretax profit margin, understand its uses in financial analysis, and explore examples for evaluating company efficiency before taxes.

In most cases, business credit card rewards aren’t taxable. The IRS generally treats rewards earned through spending as ...

Start by looking at cash flow from operations, the section that tells you how much money the company’s main business is ...

The Federal Reserve cut interest rates by 25 basis points at its final meeting of 2025, with investors focusing on the ...

Dubai: A UAE-based NRI I’ll call Arjun — a stand-in for several similar cases I’ve come across — recently reviewed his India income statements and noticed something many overseas Indians discover only ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.

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 ...

That personal branding statement you’ve agonised over? The one on your LinkedIn profile? It’s probably not working. In fact, it might be actively harming your business. I’m talking about sentences ...

You don’t need to be a CPA to understand your company’s financial health. You just need to know where to look. That starts with the income statement—also known as the profit and loss (P&L) ...