27 December 2014 Dividend means actual dividend which company declares in the AGM and include interim dividend..But deemed dividend is when a company give...

Permanent outcome – While both bankruptcy and liquidation are temporary processes, liquidation results in a permanent closing down of the business. The co...

If you have your own company, whether you are an LLC or even a sole proprietor (in which you report your income on Schedule C of your personal 1040 tax re...

At first, a gift seems to be the most straightforward option. Since gift duty was abolished, it is possible to give an unlimited amount tax-free and it do...

NYS franchise tax is a government levy charged by New York State to certain types of businesses, including corporations. Businesses are subject to the sta...

In 2016, the national policy-making body, NITI Aayog, prepared a Model Land Leasing Act, and encouraged states to adopt it. These clauses give agricultura...

We would like to inform you that he/ she does not work for this company anymore. He had separated with effect from (Date). Since you have asked about his ...

three years Is there a time limit for amending a return? The IRS advises that you generally must file Form 1040X to amend a return within three years from...

A partnership begins when two or more people decide to start a business. Unlike a limited liability company and a corporation, there are no documents to f...

1. Steps to Pay Income Tax Due Step 1: Select Challan 280. Go to the tax information network of the Income Tax Department and click on ‘Proceed’ under Cha...