Section 179 lets you deduct the full purchase price of qualifying business equipment bought and put into use during the year.

Trump wants the IRS to investigate his foes. That won't play out the way he thinks. President Donald Trump is committed to ...

Entity structure and timing are not mere technicalities but pivotal choices that can secure generational wealth.

The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and ...

FTO has directed FBR to operationalize Clause 19 of Part-Ill of 2nd Schedule of the Income Tax Ordinance, 2001 by ...

Of the many taxpayer-friendly provisions in the One Big Beautiful Bill Act, the changes made by Code Section 174 are among ...

One of the core responsibilities of the IRS is to enforce the tax code fairly, not to weaponize it against U.S. businesses or undermine economic growth. Unfortunately, a recent high-profile case ...

Section 160 of the Tax Code, as amended, requires importers and/or manufacturers of articles subject to excise tax to post a ...

President Donald Trump's officials could be putting themselves in legal peril by moving forward with plans to weaponize the ...

Regardless of the outcome, the mere appearance that the IRS is willing to do the administration’s bidding “will undermine the ...

Kautilya, the chief advisor to Chandragupta Maurya in the 3rd century BC, wrote in his treatise The Arthashastra that taxes ...