It is important to be alert before making any purchase involving a large amount, especially in the context of Income Tax Return (ITR). Many people forget to register or avoid giving information while ...
All banks and specified financial institutions have to file a return to the income tax department known as the ‘Specified Financial Statement (SFT). The SFT return includes the details of all the ...
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to reporting requirements.
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