CRA’s 'stupid mistake' compels taxpayer to pay taxes on an extra $53,258
This was most unusual, since I’ve been receiving all my notices of assessment (and, occasionally, reassessment) via email ...
Tax Avoidance vs. Tax Fraud
The 2025 tax season has already begun, and millions of individual and business taxpayers will soon file their returns, hoping to owe as little as possible. Unfortunately, this can be a stressful ...
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Opinion – Jennifer Gatherwright: IRS reform requires a scalpel, not a chainsaw
Having represented taxpayers in IRS controversies throughout Cincinnati and Northern Kentucky for 23 years, I have gained ...
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The Smart, Targeted Tax Cuts Democrats Should Champion
Instead of being fiscal scolds by not renewing Trump’s 2017 tax cuts, Democrats ought to limit them to ...
What are business expense cards and how do they work?
Modern business expense cards integrate directly with popular accounting software, automatically syncing transaction data and ...
Top Tax Cases Of 2024, Part 3: C Corporations
In the third of a three-part series, Damien Martin and Tony Nitti of EY discuss their top tax cases from 2024, focusing on ...
Business Bank Statement: Definition, Example & More
A business bank statement tracks transactions, balances, and cash flow. Learn key components and tips for better financial ...
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Airdrie, tax deadline is April – but file early to get this key rebate on time
With the next Canada Carbon Rebate (CCR) payment a little over a month away and the April 30 tax deadline fast approaching, ...
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Pension delay as savers rush to access pots before inheritance tax raid
More people are looking to access their pension after the Budget amidst fears their money could be hit by inheritance tax ...
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Surge in retirees raiding their pension pots to avoid inheritance tax charges
More pensioners are opting to take pension income early to avoid being double - or even triple - taxed later in life ...
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IRS is already sending refunds according to the date you sent your return
As the IRS kicks off the 2025 tax season, millions of Americans are keenly anticipating their refunds. Understanding the timeline and factors affecting your refund can help you plan better and ...
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New Jersey Corporate Tax: What It Is and How It Works
New Jersey applies a graduated corporation business tax (CBT) on corporations, with rates that vary based on income. Recent ...