Here’s an overview of the different tax implications involved when you receive unemployment income. Here’s an overview of the different tax implications involved when you receive unemployment income. While unemployment rates have decreased in America with an estimated 6.3 million claims for jobless benefits and the national unemployment rate just under 4 percent due to… Continue reading Tax Tips for Unemployment Income If You’ve Been Laid Off or Furloughed
Are State Tax Refunds Taxable?
For those who itemize their deductions, it’s one of the stranger parts of the tax code. First, you get to take a deduction of your state and local taxes, then all of a sudden the next year you get a Form 1099-G from your state and you’re paying taxes on your state and local tax… Continue reading Are State Tax Refunds Taxable?
Canadian stocks beat U.S. by most in 13 years and still have room to run
The S&P/TSX Composite Index has gained 3.1 per cent, outperforming the S&P 500 by more than eight percentage points Author of the article: Bloomberg News Stefanie Marotta The Toronto Stock Exchange in the financial district of Toronto. Photo by Aaron Harris/Bloomberg News files The surge in oil prices has fuelled a rally in Canadian stocks… Continue reading Canadian stocks beat U.S. by most in 13 years and still have room to run
FP Answers: What’s the most tax efficient way to draw down my $5-million investment portfolio?
If we’re entering a prolonged inflationary period, you may be best to preserve and grow your capital as much as you can Monitors display stock market information on the floor of the New York Stock Exchange. Photo by Michael Nagle/Bloomberg files By Julie Cazzin with Allan Norman Advertisement 2 This advertisement has not loaded yet, but… Continue reading FP Answers: What’s the most tax efficient way to draw down my $5-million investment portfolio?
Investing in farm commodities — gamble or hedge?
Choose carefully when investing in commodities because prices can fall as fast as they rise Author of the article: Financial Times Stefan Wagstyl A wheat sample is inspected at a Viterra grain elevator near Rosser, Manitoba. Photo by Shannon VanRaes/Bloomberg files Rising food prices are ringing alarm bells for households all over the world. Food… Continue reading Investing in farm commodities — gamble or hedge?
Jamie Golombek: What tax changes might be coming up in the federal budget
You might want to act now on at least one of these potential changes Publishing date: Mar 31, 2022 • 1 day ago • 5 minute read • 5 Comments Minister of finance Chrystia Freeland holds a copy of last year’s federal budget before tabling it in April, 2021. This year’s budget will come down April… Continue reading Jamie Golombek: What tax changes might be coming up in the federal budget
Canada’s economy now 1.2% above pre-pandemic level after nine months of growth
GDP seen up 0.8% in February, 0.2% in January Author of the article: Publishing date: Mar 31, 2022 • 1 day ago • 2 minute read • 48 Comments With February’s gain, Canada’s economy is now 1.2 per cent above pre-pandemic levels, Statscan said. Photo by Reuters OTTAWA — The Canadian economy likely gathered momentum in… Continue reading Canada’s economy now 1.2% above pre-pandemic level after nine months of growth
Stock Market Today: Seesawing Stocks Start Q2 With Small Gains | Kiplinger
A day after Wall Street closed the books on its worst quarter in two years, stocks vacillated between red and green following a March jobs report that was viewed as disappointing on some counts and encouraging on others. The Labor Department said Friday that 431,000 nonfarm payrolls were added last month. That was shy of… Continue reading Stock Market Today: Seesawing Stocks Start Q2 With Small Gains | Kiplinger
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