In May, we received a dividend income total of $1,500.56. Happy to cross $1,500, always. United Parcel Services paid in June ...

The balance in the income summary account is your net profit or loss for the period. Post this balance to the retained earnings account to close the income summary account. For example, if the ...

We received 25 individual dividend payments between my wife’s account and mine. In each article, we provide a few observations regarding our dividend income. We note the following.

A taxpayer whose individual retirement account was paid to the government under a criminal court order did not have taxable ...

Madras High Court affirms reassessment in A. Sridevi case, citing failure of full disclosure and rejecting 'change of opinion' ...

Because accounts payable is a permanent account, it is not part of the closing process. However, the accounts payable entries the accountant books throughout the period do affect the final expense ...

Do you want to withdraw from your 401k account? Follow the guide to know the ways and your qualifications in order to do so.

One of the first documents you’ll need is FORM 16, which your employer gives you. It shows your total salary, how much tax was deducted, and what deductions were claimed.

The process of filing an income tax return begins with collecting the required documents and other necessary information. We ...

Here is a list of the crucial documents you should start gathering right away to file your income tax return (ITR) for FY ...

With passage of Regional Fire Authority (RFA) annexation earlier this year and a levy lid lift on the horizon, city taxpayers ...

NatWest profit up 36% to £1.81bn, Barclays rises 19% to £2.7bn, while Lloyds falls 7% to £1.52bn. Analysis of varied banking ...