Explore the Benefits Received Rule, a tax theory advocating for tax payment based on government benefits received, and ...
Learn how to deduct casualty and theft losses on your taxes effectively. Understand eligibility, criteria, and the filing ...
Salaried individuals can now make their income tax-free in the new tax regime. This is possible by utilising employer ...
If a client will be claiming a significant amount of tax deductions or credits in 2026 — including RRSP contributions or child care and medical expenses — they can apply to the Canada Revenue Agency ...
The IRS has increased the standard deduction for the 2026 tax year. Find out the new amounts and how this change could lead ...
Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...
As written, the new tax law could motivate some people to give who might not otherwise donate, but it could also cause a lot of confusion.
You might be able to lower your present-day tax bill while boosting your retirement savings. But getting the mechanics right ...
The government is adding a new deduction for non-itemizers. Starting in 2026, they will be able to deduct up to US$1,000 of ...
If you were unhappy with last year's income tax bill, there are several ways to reduce your overall 2022 tax burden before ...
Federal tax code overhaul under the One Big Beautiful Bill Act delivers sweeping changes for individuals and businesses, ...
The new year has just begun and income tax deadlines are months away, but there's one thing to start considering now. Many ...