Canada's tax agency says it doesn't expect Canadians who hold simple trusts, known as bare trusts, to file required tax forms ...

I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.

W2 simplifies W2 and 1099 NEC tax reporting by enabling QuickBooks users to import data, quickly for the upcoming January 31 ...

Quick Summary ・Personalized tax filing from online CPAs ・Flat-fee model with up-front pricing ・Starts at $250 for personal ...

The first step is to verify whether the refund has been processed at all. Log in to the Income Tax e-filing portal and check your ITR status on the dashboard. If it shows processed, the next place to ...

"However, the sting in the tail is that by 2027/28, the full new state pension will exceed the personal allowance which has ...

The law focuses on making the process more transparent. Taxpayers often struggle with complex income tax rules and forms. While recent measures like faceless assessments have helped, a major reform is ...

The Canada Revenue Agency will no longer automatically mail paper income tax packages to individuals for the 2025 tax year, ...

The first 90 days after you form an offshore trust determine whether the structure becomes a real shield or just a stack of ...

The best way to make filing your income taxes less painful and time-consuming is to file online. In 2024, close to 40% of taxpayers used tax software or online services to do their taxes. The top ...