A tax increase that’s unlikely to ever become law has nonetheless earned the Canadian government billions of dollars in additional tax revenue after some people and businesses rushed asset sales to ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

President Donald Trump's tariffs on Mexico and Canada could take effect next month, with consumers likely to see prices rise ...

The Quad Cities Chamber is calling its members to action as federal policy changes threaten to disrupt its member businesses, ...

The April 30 deadline for the 2024 tax year might feel far away with February just starting, but make no mistake, it comes up ...

Canada’s government is reversing course on a signature tax measure, deferring the implementation of an increase to ...

Roughly 37% of filers qualify. 1. The home office deduction If you work from your home or use part of it in your business, then self-employment tax deductions like this one could get you a break ...

Tax Season 2025: How long will it take to get your refund after filing your return? The standard deduction is a fixed amount you can subtract from your income to reduce the portion that is taxed.

Historically, long-term investments and critical insurance have merited tax deductions. In the last five years after deductions were decoupled from income tax, the trends indicate a decline in life ...

Alimony (if divorce decree is 2018 or earlier) If you are self-employed or own a small business, you may be eligible for other tax deductions including home office deductions and reimbursement for ...

Official modelling shows Peter Dutton’s proposed tax deduction for small business lunches will cost less than $250 million as the Coalition moves to counter accusations its new policy is wasteful.