Data that help taxpayers understand personal savings plans for retirement (IRA) Personal savings plans for retirement – better known simply as IRAs (English) – are savings plans to provide financial security in retirement. A taxpayer can establish an IRA with: bank or other financial institution life insurance company Investment fund broker Here are some terms and definitions… Read More »
IRS warns of scams related to natural disasters IR-2018-188SP, September 18, 2018 WASHINGTON – Following Hurricane Florence, the Internal Revenue Service reminds taxpayers that criminals and fraudsters try to take advantage of the generosity of taxpayers who want to help victims of major disasters. Fraudulent schemes typically start with unsolicited phone, social networks, email or… Read More »
Facts to help taxpayers understand Individual Retirement Arrangements Individual Retirement Arrangements – better known simply as IRAs – are accounts into which someone can deposit money to provide financial security when they retire. A taxpayer can set up an IRA with a: bank or other financial institution life insurance company mutual fund stockbroker Here are some terms… Read More »
IRS wants taxpayers know that they have rights when interacting with the agency Taxpayers interact with the IRS for many reasons. In all these meetings with the IRS, even if taxpayers simply asked a representative about taxes or respond to a letter from the IRS, taxpayers have fundamental rights. These are described in the Taxpayer… Read More »
GST POINT ICSI’s Initiative towards spreading awareness of GST As you are aware that ICSI has “GST POINT” a call in session to resolve the queries of stakeholders and challenges being faced by them in day to day compliances. The benefit of GST Point can be availed by members, students, working professionals, businessman, other stakeholders… Read More »
Notification No 21/2018-Central Excise Central Excise duty on petrol and diesel is reduced by Rs 1.5 per litre w.e.f 5.10.2018 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 21/2018-Central Excise New Delhi, the 4th October, 2018 G.S.R.… Read More »