On May 14, 2019 vide F. No. 354/32/2019 –Tax Research Unit of CBIC has issued Part II of FAQ’s answering queries relating to the real estate sector under GST. Earlier 41 FAQ’s were issued in part I and 27 FAQ’s are issued in part II. F. No. 354/32/2019-TRUGovernment of IndiaMinistry of FinanceDepartment of Revenue(Tax Research… Read More »
Many people claim the child tax credit to help offset the cost of raising children. Tax reform legislation made changes to that credit for 2018 and later. Here are some important things for taxpayers to know. Credit amount. The new law increases the child tax credit from $1,000 to $2,000. Eligibility factors for the credit have not changed.… Read More »
Free Tax Preparation online for USA Here is the list of Free Tax Preparation online for USA Free Tax Preparation online by IRS You can file your FREE federal return with software provided by Internal Revenue Services. You can prepare and file your federal individual income tax return for free using tax-preparation-and-filing software. Let Free… Read More »
GST on Real Estate from 01.04.2019 GST structure on real estate services relating to residential and commercial apartments has been Changed w.e.f. 1-4-2019. This service falls under service code 9954. Commentary on GST on Real Estate from 01.04.2019 The revised scheme applies to residential and commercial apartments which are covered under RERA [Real Estate… Read More »
Best Tax Advisors near you in USA Here are list of webSites from where you can find best Tax advisor near You in USA Yelp online to search Best Tax Advisors Click here to search Best Tax Advisors Near you in USA using yelp online service. Yelp was founded in 2004 to help people find great… Read More »
2018 Tax Rates and Brackets 2018 Tax Rates and Brackets Rate Single Married, Filing Separately Married, Filing Jointly Head of Household Taxable income over… 10% $0 $0 $0 $0 12% $9,525 $9,525 $19,050 $13,600 22% $38,700 $38,700 $77,400 $51,800 24% $82,500 $82,500 $165,000 $82,500 32% $157,500 $157,500 $315,000 $157,500 35% $200,000 $200,000 $400,000 $200,000 37%… Read More »
Bill To Ship To under GST and Eway Bill In this article we have done detailed analysis of Bill To Ship To Concept under GST Act and Eway bill Rules Bill To Ship To Meaning It is a normal practice in the industry where goods are sold to one person but delivered to a different location/person… Read More »
How to File Your Federal Taxes Taxes are due on April 15, 2019 (April 17 in Maine and Massachusetts). The new tax law has changed many forms, credits, and deductions. Check this page carefully before filing your federal income tax return. Tax Reform – Big Changes to Credits and Deductions for 2018 Learn the changes… Read More »
Tax Refund Schedule 2019 The IRS used to actually publish a chart each year with the refund schedule, depending on the date that your return was accepted. Due to newer auditing procedures, they no longer do this. However, we can make a pretty good estimate based on past years’ performance. Still, take this information with… Read More »
No Generation of Eway Bill if GST returns not filed Taxpayers who have not filed the returns for two consecutive tax periods shall be restricted from generating e-way bills. This provision shall be made effective once GSTN/NIC make available the required functionality. As per 31st GST Council Meeting Decisions on 22.12.2018 … Read More »