Registered Retirement Savings Plan are a cornerstone for many Canadians saving for retirement. Here are some factors to ...

you must pay a tax of 1% per month on excess contributions beyond $2,000. To avoid this, you could withdraw the excess contribution. You’ll need to fill out Form T3012A, which informs the CRA ...

Navigating the complexities of Canada’s tax system to comply with your tax obligations can be challenging, especially for ...

Monday marks the first day that the IRS will start accepting and processing 2024 income tax returns. So whether you’re in a rush to get your refund or just wondering how long you can postpone ...

An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...

37% of taxpayers qualify. Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). Who's this for? TurboTax guides you through ...

Trump discusses campaign promise of no tax on tips in return to Las Vegas Proposal popular with workers in tip-heavy hospitality industry Trump tax proposals face scrutiny of Republican-led ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Vikki ...

Danni Santana has spent seven years as an editor and business journalist covering industries like sports, retail, restaurants, and now personal finance. Most recently he worked as a retail editor ...

Even if you meet the income requirements, Free File might not accept the forms you need. There's also not much support to help you maximize your refund or minimize your tax liability. What if I ...

If you don’t receive a payment on the dates above, wait five business days before you contact the CRA for assistance ... Best of all, it is a tax-free benefit, so you do not report the income ...

Apply to Canada's #1 comprehensive university and see yourself joining the SFU community! Whether you're a high school student or a transfer student from another post-secondary institution, follow ...