You might expect a tax professional like myself to defend the annual ritual of filing tax returns, but I don’t because it has become a necessary evil that serves almost…
Tax
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Any potential homebuyer who is struggling to find an affordable home might never imagine that some lucky folks actually could be thinking twice about selling their house because they’d make…
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Real Estate
‘Mum and Dad investor’ ex-prime minister John Howard caught up in capital gains tax real estate controversy
John Howard, creator of the current capital gains tax regime, and wife Janette have recently become bank of mum and dad property investors – and thereby caught up in the…
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Nick Maggiulli, the COO of Ritholtz Wealth Management and blog Of Dollars and Data has a pretty informative post Why Taxing the Wealthy is Harder than it Looks. And the…
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Financial
Tax season may have ended, but you better start planning for next year or you'll lose money
Guy Lafleur, who passed away in 2022, was my childhood hero. Watching the Flower fly down the wing for the Montreal Canadiens — that mane of blond hair, the goals…
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Energy Secretary Chris Wright said the Trump administration is open to suspending the federal gas tax to lower costs for American consumers amid the war in Iran. “All measures that…
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It will now be easier for some Canadians to qualify for the disability tax credit (DTC) thanks to changes announced in last week’s Spring Economic Update by the federal government.…
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Stocks
California is one step closer to America’s first billionaire wealth tax — and the divide between red and blue state taxes is getting deeper
This year is shaping up to be a milestone moment for state income taxes after last year’s massive changes to federal income taxes.
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Crypto Currency
We issued 56 million tax forms for 2025. Most were under $50. It’s time to fix digital asset taxes.
This year, we issued over 56 million Form 1099-DAs (tax form required for reporting digital asset transactions) to the IRS, one for every reportable transaction our customers made in 2025.…
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It is that time of year when taxpayers cross their fingers and hope for a tax refund. Canada Revenue Agency (CRA) data for the 2026 tax-filing season through April 20…
