For information on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog post. Since 1955, “Tax Day” in the United States has been April 15, or the next business day if it falls on a weekend or holiday. Despite the fact… Continue reading Can’t File by the Deadline? Top 3 Reasons to File a Tax Extension
5 Last-Minute Tax Deductions and Credits
The IRS has already processed 22 million tax refunds totaling more than $78 billion. If you’re among the tax filers still scrambling to get your documents in order, be sure to watch the video above. Lisa Greene-Lewis, CPA and TurboTax expert reviews some of the biggest tax deductions that people often forget. Video Transcript:Tracy Byrnes: All… Continue reading 5 Last-Minute Tax Deductions and Credits
Beginner’s Tax Guide for the Self-Employed
Many people have dreams of being self-employed, but you’re different: You actually have a shot at it. You have the start-up capital and a solid business plan that will help make your dream a reality. Get every dollar you deserve with unlimited tax advice from experts who know self-employment taxes inside and out. Whether you’re… Continue reading Beginner’s Tax Guide for the Self-Employed
2022 Tax Tips: A Guide to 401k and IRA Early Withdrawal
Life happens and sometimes we need to dip into our retirement accounts. But is it a good idea and are there tax implications? TheStreet sat down with Lisa Greene-Lewis, CPA and TurboTax expert to explain the tax implications if you need money and dip into your IRA, 401k, or other retirement accounts. Our TurboTax Live… Continue reading 2022 Tax Tips: A Guide to 401k and IRA Early Withdrawal
Bank of Canada expected to be first in G7 to hike interest rate by 0.5%
The challenge will be to bring inflation back under control without triggering a downturn Author of the article: Bloomberg News Erik Hertzberg Publishing date: Apr 12, 2022 • 2 days ago • 4 minute read • 45 Comments Bank of Canada Governor Tiff Macklem Photo by Adrian Wyld/Canadian Press/Bloomberg The Bank of Canada is poised to… Continue reading Bank of Canada expected to be first in G7 to hike interest rate by 0.5%
Eric Nuttall: There’s no time to waste — the world needs Canadian energy now
Unless meaningful action is taken on the energy supply crisis, the result will be energy poverty and all-time high oil prices Publishing date: Apr 12, 2022 • 3 days ago • 4 minute read • 181 Comments Pieces of the Trans Mountain Pipeline project sit in a storage lot outside of Hope, British Columbia. Photo by… Continue reading Eric Nuttall: There’s no time to waste — the world needs Canadian energy now
Romana King: When to use the first-time home buyers’ plan
You could access up to $35,000 of your retirement savings for your first property Author of the article: fizkes/Shutterstock Buying a home can be exciting—and stressful. To help, homebuyers can take advantage of grants, rebates and incentives. One of the most beneficial incentives for first-time buyers is the federal government’s Home Buyers’ Plan (HBP). Advertisement… Continue reading Romana King: When to use the first-time home buyers’ plan
With no relief in sight for house prices, is it time to rethink home ownership?
Some say the solution to housing affordability is a change in attitude Author of the article: Publishing date: Apr 14, 2022 • 1 day ago • 6 minute read • 8 Comments Shipfactory/Shutterstock Lana and Dwayne Bragonier bought their Mississauga, Ont., home 30 years ago for just under $300,000. Advertisement 2 This advertisement has not loaded… Continue reading With no relief in sight for house prices, is it time to rethink home ownership?