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What Tax Pros Should Know about Updates to 1099-K Third Party Payments

The American Rescue 📌 #Unocoin, the Indian crypto exchange and cryptocurrency wallet will now be allowing its users to purchase everyday consumer items using Bitcoin. 📌 Rather than a straight purchase as one might do with cash for a product, Unocoin enables users to buy vouchers using the digital coin. These #vouchers can then be used to purchase said …

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What is concept of Goods and Services Tax in india?

GST concept in India GST stands for “Goods and Services Tax”, and is proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at the national level. Its main objective is to consolidates all indirect tax levies into a single tax, except customs (excluding SAD) replacing …

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