It's the time of year where the working world is split into those that look forward to tax refunds and those who dread seeing how much they owe. Yes, that's right, it's tax time. The buzz has begun wi

The tax deadline is fast approaching and many people who have never done their own taxes before are nervous when they file their first return. According to the IRS, 25% of all taxpayers wait until t...

Implementing "flat tax" on Income Rate One tax reform issue that requires addressing is the amount of revenue that needs to be raised by the federal tax system. When there is a disproportion between

Goods and Services Tax Law in India is a comprehensive, multi-stage, destination-based tax that is that is applied on every value addition. In straightforward words, Goods and Service Tax is an indir

The much-awaited hype on the biggest tax reform in India finally rolled out on July 1, 2017. The Goods and Service Tax (GST) on gold fixed at a rate of 3%. It is higher than the former taxes that incl