Criminal Investigation Division of the IRS publishes report FY 2017 IR-2017-208SP, December 20, 2017 WASHINGTON – The Internal Revenue Service (IRS) announced today the publication of the annual report of the Criminal Investigation Division (CI, for its acronym in English), which reflects the significant achievements and actions of criminal execution carried out in FY 2017 . Focusing on employment… Read More »
IRS: Tax professionals need a PTIN 2018; continuing education for tax season annual program expires at the end of the year IR-2017-207SP, December 20, 2017 WASHINGTON – The Internal Revenue Service (IRS) reminds preparers federal tax that must renew their Preparer Identification Number (PTIN) which expires on December 31, 2017. Anyone who charges for preparing or assisting in the… Read More »
Strong passwords help with data security Passwords are often the key to protecting access to personal information and data stored on computers or e – mailed. Because most taxpayers file their returns electronically and have access to account information online, it is essential that taxpayers not only create strong passwords for all accounts related to taxes, but they do everything in… Read More »
Prepare for taxes: Filing electronically is easy and secure IR-2017-206SP, December 19, 2017 WASHINGTON – The Internal Revenue Service said today it expects more than 90 percent of all individual tax returns for 2017 are prepared using tax software. Most of these will be presented by e-file . Since 1986 when the IRS began accepting tax returns… Read More »
Issue Number: IRS Tax Tip 2017-94 Inside This Issue Tax Professionals: Visit IRS.gov for Data Protection Resources Tax professionals increasingly are targeted by cybercriminals seeking to steal sensitive client data. Thieves use stolen information to file fraudulent tax returns. These criminals are based both here and abroad. They are highly sophisticated, well-funded and technologically adept. Because… Read More »
GST Samasyaen Evam Samaadhaan Price Rs 355 Click to buy online Author : Arpit Haldia Megha Haldia Edition : 2018 Edition Date of Publication : Dec.2017 ISBN No.:9789386882585 Binding : Paperback No. Of Pages : 280 Weight (Kgs) : 0.34 View Contents of this Book Related Topic on GST Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules… Read More »
Income Tax Notice Summary of Notification No 98/2017 : Income Tax notice can be served as per rule 127 (2) of Income Tax Act Rules. Now the Govt has added 2nd proviso to this rule by Notification No 98/2017 and added more places where income tax notice can be served Rule 127 (2) of Income Tax Rules :-… Read More »
Income Tax Department advisory to deduct and pay TDS on rent u/s 194IB under which individual/HUF are obliged to deduct if rent exceeds Rs. 50000/- per month. In order to widen the scope of tax deduction at source, the Finance Act, 2017 w.e.f. 1st June, 2017 has inserted a new section 194-IB in the Income Tax Act,… Read More »
Ministry of Finance Increase in number of tax payers post demonetization Posted On: 22 DEC 2017 4:19PM by PIB Delhi During the period from November 2016 to March 2017, the Income-tax Department (ITD) conducted searches on around 900 groups, wherein undisclosed income of over Rs. 7,900 crores was admitted. During the same period, more than… Read More »
Ministry of Corporate Affairs 96 foreign companies registered in India in 2017-18 with almost Rs 10 crore revenue from them; Govt. carries out many programmes to spread awareness in investors Posted On: 22 DEC 2017 7:00PM by PIB Delhi The number of foreign companies registered during each of the last three years and the current… Read More »