Want an idea of how much tax you paid—or will be paying—for 2024? Here are the federal and provincial tax brackets to help ...

It’s time to stop treating political parties like charities on steroids. That means putting political donation tax credits on ...

As we inch closer to the end of 2024, several Canadian individuals and households will start looking at various tax breaks to ...

In Canada, taxpayers can receive tax credits for charitable donations made to registered organizations or recognized donees. To qualify for the tax credit, donations must be made by December 31st ...

This week, many Canadians received their year-end Goods and Services Tax (GST) and Harmonized Sales Tax (HST) credit payments ...

‘To create this list, Forbes Advisor Canada analyzed 11 tax-free savings accounts at 39 financial institutions, including a mix of traditional brick-and-mortar banks, online banks and credit union ...

The range is 15% to 33% in Canada. The lowest tax bracket in the U.S. is 10%. The U.S. has a variety of income deductions and tax credits available, including a standard deduction or itemized ...

Saskatchewan Party Leader Scott Moe says if elected on Oct. 28, his party would provide a 50 per cent refundable tax credit for the cost of a first in-vitro fertilization — or IVF — treatment. But one ...

Canadians have reporting requirements for foreign assets, income and tax paid. Here’s how to claim each of these on your tax return.

One of the most notable differences is the tax treatment of interest on mortgages for a principal private residence. For homeowners in Canada, this interest is not tax-deductible. But any capital ...

New GST/HST Notice 339, published on October 25, 2024, provides that as of the first day of the fiscal year that begins on or after January 1, 2025, dentists will no longer be able to claim GST/HST ...