In Dubai’s competitive business landscape, maintaining accurate financial records is essential for success. The emirate’s emphasis on VAT compliance and efficient financial management has made ...
A taxpayer could not deduct purported business expenses associated with writing and research activities held to be not engaged in for profit under Sec. 183.
Unauthorized distributions to a corporation’s shareholders did not terminate an entity’s S status since the shareholders did not authorize or create a second class of stock in the entity’s governing ...