Finance
Newly employed? Know your tax deductions
[ad_1] Most new employees can benefit from an onboarding process that includes information about claiming reimbursements for out-of-pocket expenses, pension contributions, or how to…
Tag: Income Tax
Finance
Unexpected money? Here’s what Canada taxes—and what it doesn’t – MoneySense
[ad_1] With an April 30 tax-filing deadline fast approaching, you might now be starting to wonder: How much am I going to owe from…
Finance
Can you save tax by putting severance into a corporation? – MoneySense
[ad_1] How is a lump-sum severance taxed? When you lose your job and receive severance, it may be paid as a lump sum payment.…
Finance
The tax implications of moving to Québec – MoneySense
[ad_1] Two tax systems Unlike other parts of Canada, you file two tax returns when you live in Québec: a federal tax return with…
Breaking News
IRS tax brackets for 2026: Everything you need to know
[ad_1] Each year, the IRS nudges dozens of tax numbers so ordinary pay rises aren’t secretly taxed away. For tax year 2026—the returns you’ll…
Dallas, Texas Local News
9 states are cutting individual income taxes in 2026. See if yours is one of them.
[ad_1] Nine U.S. states are lowering income taxes on Jan. 1, according to a recent Tax Foundation analysis — a move that could give…
World News
U.K. Treasury Chief Says Budget Measures Will Tackle Debt, Inflation
[ad_1] The U.K. government’s treasury chief said measures outlined in her latest budget aim to halt a rise in debt while helping to cool…
US News
Republican in New Jersey’s governor’s race releases tax returns
[ad_1] Jack Ciattarelli speaks at a town hall in Pitman on Sept. 16, 2025. (Dana DiFilippo | New Jersey Monitor) Republican Jack Ciattarelli, who’s…
US News
Rents in CT are climbing and among highest nationwide. What you need to earn to afford one.
[ad_1] Connecticut residents know that their state is becoming more expensive, but some new studies provide documentation of the ongoing problem. New data shows…
Politics
Trump’s rebate plan will push America toward a hyperprogressive tax code
[ad_1] President Donald Trump’s tariffs are bad. But even if one were opposed to the tariffs on principle, they might be seduced by the…
Finance
How to report foreign income in Canada – MoneySense
[ad_1] This form is typically used for foreign bank accounts, foreign investment accounts or foreign rental properties, but it can include other foreign assets.…
Finance
How to plan for taxes in retirement in Canada – MoneySense
[ad_1] The impact of your marginal tax rate It’s important to clarify, Ken, that if you have a minimum RRIF withdrawal with no tax…
Finance
Year-end tax and financial planning considerations – MoneySense
[ad_1] RESP contributions and withdrawals Registered education savings plans (RESPs) are used to save for a child’s post-secondary education. Contributing to an RESP can…
Finance
Do you have to make quarterly tax remittances in Canada? – MoneySense
[ad_1] Is there a form to help with the calculations? Yes, there is a chart that can help; check it out here. However, you’ll…
Finance
How high tax rates hurt the economy – MoneySense
[ad_1] At a time when Canada, just like every other country, is looking for highly skilled workers, our tax rates make it more difficult…
Finance
Is it better to be an employee or self-employed? – MoneySense
[ad_1] What factors determine employment status? The Canada Revenue Agency (CRA) uses an important distinction when evaluating a relationship between a worker and a…
Finance
What you should know about cryptocurrency tax in Canada – MoneySense
[ad_1] Even if you’re simply buying, trading and selling crypto as an investment, the CRA might still view your earnings as business income—especially if…
Chicago, Illinois Local News
Harris and Trump have competing tax plans. Here’s how your paycheck would change under both.
[ad_1] Presidential candidates commonly trot out new tax proposals as part of their campaign platforms, often pledging to help ease the financial burden on…
Finance
How the $10-a-day child care program can affect your taxes – MoneySense
[ad_1] Understanding the tax impact of more affordable care Here’s the problem: your child-care expense deduction will decrease if you pay less to your…
Finance
Do I need a GST or HST number? – MoneySense
[ad_1] Why registering for GST/HST pays off The other excellent reason to charge GST and HST is that it pays off in dollars and…