If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

A campaign advocating for the increase of the income tax personal allowance from its current standard of £12,570 to £20,000 ...

To minimize taxes and maximize benefits, learn the difference between deductions, credits and other forms of tax relief by ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

Key Takeaways - Are Personal Loans Taxable? Personal loans can be useful when you need extra funds, since you can use them for a variety of purposes. With a personal loan, the lender gives you a lump ...

Internal Revenue Service recently issued final regulations (final regs) imposing a tax on U.S. citizens, residents and ...

To foster a more competitive and favourable investment environment for funds and family offices, the Financial Services and Treasury Bureau issued ...

You can still contribute to your registered retirement savings plan for the 2024 tax year—but don’t wait. See the RRSP ...

Net Income refers to the total profit a company earns after all expenses, taxes, and interest have been ... mean the company is doing well. For example, it may be a result of aggressive cost ...

What is the Earned Income Tax Credit ... It’s also a refundable credit, meaning you can get a tax refund even if you don’t owe taxes. Each year, families look forward to these tax breaks ...