A husband can transfer any amount of money to his wife's account. There is no tax on this. However, if any income is ...

The difference between net income and pretax accounting lies in fiscal debt, which is money a company must send the Internal Revenue Service on a quarterly or annual basis. Understanding the ...

The Financial Accounting Standards Board has released a proposed accounting standards update to reduce the cost and complexity of accounting for income taxes. It would remove specific exceptions to ...

After setting aside money for expenses and emergencies, experts say you should invest your money in these three types of ...

Income tax refunds for the 2025-26 assessment year are being credited. Some taxpayers are still waiting for their refunds.

Don’t forget to pay taxes on the interest earned in your HYSA Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Updated ...

Your income affects the amount you need saved, since you'll probably want to maintain a similar lifestyle when you retire as ...

The Financial Accounting Standards Board has deferred some of the rules it issued earlier this year to make the presentation of other comprehensive income more prominent on financial statements. FASB ...

Nineteen new banks are now authorized to offer Capital Gains Account Scheme Services. This expansion provides more options ...

It's impossible to have perfect turnover of your company's inventory. At some point, you're going to lose inventory to theft, damage or obsolescence. When this happens, you need to record the loss on ...