Charitable donations. The deadline for making donations for the 2024 tax year was extended to Feb. 28, 2025, given the ...
Building wealth is one of the best things you can do to secure long-term financial security. And if you want bonus points, you need to find a way to do it in a tax-efficient manner that helps you ...
Depending on the amount, this may result in you being placed in higher tax brackets. Long-term capital gains rates are preferable, so you may want to hold your assets for longer than a year.
Just as the bloated level of estimates of billionaire fortunes causes us not to consider the possibility those fortunes may ...
Are you wondering when your tax return will arrive? You can check your refund status by using the IRS' "Where's My Refund?" ...
A home seller may not owe any capital gains taxes on sale of a principal residence if the transaction qualifies for the Section 121 exclusion. However, under certain circumstances the seller may owe ...
Capital gains. Even the mention of these two words ... You will need to figure out the provincial tax bracket rate for your province or territory, too. Since Canada has a tiered tax system ...
We’re still more than two months away from the April tax deadline, but there are some changes to factor in when you’re ready ...
your federal and provincial/territorial tax brackets, and your capital gains inclusion rate. What is the capital gains inclusion rate? Previously, Canada had a single capital gains inclusion rate ...
the purchase tax brackets on an additional apartment (at this stage, the freeze is until December 31, 2026); the maximum capital gains tax exemption for a single apartment; the capital gains tax ...