Taxes

There’s no two ways around it anymore – people who engage with cryptocurrencies are expected to fulfil their tax obligations on profits earned from their crypto-related activities. However, not every…

Q. We are Canadian citizens from Toronto but living for two years now in the United Kingdom, where my spouse has a great job. He paid income tax our first…

The federal tax-free exclusion for most student-loan forgiveness under the American Rescue Plan Act of 2021 expires on December 31, 2025. Starting in tax year 2026, forgiven loan amounts under…

“I have $800,000 split across two 401(k) plans and a $69,000 lump-sum pension.”

Buying a home isn’t just about the purchase price; you’ll also need to budget for ongoing costs like property taxes. These taxes can vary widely depending on where you live.…

As I inch closer to death, I find myself thinking more about estate tax planning and the potentially massive tax bill my family might face if we’re extremely lucky. To…

Tax breaks in the megabill, like no taxes on tips and overtime, only apply to people at certain income levels.

Transfer taxes are one-time fees that can add thousands to a real estate deal, depending on your location. Whether you’re purchasing a brownstone in Brooklyn, NY, or selling a ranch-style…

Dear Liz: My husband and I built a home on a hillside over 30 years ago in a desirable neighborhood with a beautiful view. We thought it would be our…

With the end of both the tax season and the federal election around the corner, many Canadians may be wondering what the election means for their taxes. Both the Liberals…