Tax season is here and the deadline to file is less than a month away. Even if you’ve already filed, it’s not too early to ...

In this episode of PennyWise, host Nat Cardona talks with tax expert John Kiernan, who shares essential last-minute tax tips ...

Labour in calculated bet to introduce unpopular measures in first Budget in the hope of evening out public finances by the ...

accountants and tax planning professionals busy at this time of year and all year long. Beyond FHSA/RRSP contributions and charitable donations, there is a wide range of deductions on out-of ...

There are different tax and estate implications with joint accounts depending upon who the account holders are. We will start with what happens when someone dies and their spouse is joint on the ...

Halfpoint Images / Getty Images An Intentionally Defective Grantor Trust (IDGT) is an estate planning tool designed to help individuals manage the tax treatment of certain assets. The IDGT allows ...

The 30,192 sent in 2024/25 is likely to increase, as the tax year has not yet ended and runs until the start of April. The figures came via a freedom of information request. Bradford is planning a ...

Finally, the board must set a tax rate for next year. Projections: Forry said if next year the district receives the governor’s proposed increase, and has no tax hike, it will have a deficit of ...

Jamie Golombek, managing director, tax and estate planning with CIBC Private Wealth in Toronto, suggested taxpayers review their 2023 returns and make a list of all the slips they’re expecting, ...

Lower ETRs often signify efficient tax planning, potentially leading to increased profitability. The Effective Tax Rate provides crucial insights into financial planning, investment decisions ...

The first one is death and the second is taxes. Tax is a hidden expense on income that requires careful planning. As we approach the end of the financial year 2024-25, it’s important to focus on ...

Losing stepped-up basis as a farm estate tax planning tool would mean farmers would be taxed on the full appreciated value of their land as compared to the cost of the land when it was purchased. The ...