Canada is set to move forward with its proposed middle-class income tax cut on Tuesday. The federal government will deliver ...

According to Finance Canada, nearly 22 million Canadians are expected to benefit from the income tax cut, effective next week ...

Choosing the right income tax regime is crucial for ITR filing. Salaried taxpayers can choose between the new and old regimes ...

A change to federal income tax took effect in Canada this week. A spokesperson for the Canada Revenue Agency told INsauga.com that the change took effect on Tuesday. “The Government of Canada has ...

President Donald Trump signed the so-called One Big Beautiful Bill (OBBB) into law Friday, a budget that will have ...

President Trump’s domestic agenda bill spans military and immigration measures, major cuts to national healthcare, and ...

Indexing was one reform included in the now-shelved plan to get the Supportive Housing Services tax extended to 2050 this November.

Today, the Prime Minister, Mark Carney, announced that as of tomorrow, July 1, the government’s middle-class tax cut will be ...

Tax deductions are subtracted from your taxable income, thereby lowering the amount of tax you owe. You can choose the standard deduction or itemize your deductions on Schedule A of Form 1040 or ...

However, the IRS usually taxes that money. If tips are part of your pay, the federal tax agency treats every dollar you receive, whether left on the table in cash or added to a credit card receipt ...

Legislation passed by the Senate on Tuesday could affect how people sign up for Medicaid and the insurance marketplaces, and ...