Fortunately, you’ll find some light at the end of the tax year: federal tax credits and deductions that apply directly or indirectly to caregiving costs. Here are some ways family caregivers may be ...

The Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017. In other ...

A tax shield is a reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as mortgage interest, medical expenses, charitable donations ...

The order, received on February 24, 2025, cites valuation issues and excess Input Tax Credit (ITC) availed as the reasons for the demand.

you might be able to claim certain tax credits and deductions or use a more favorable filing status, which can reduce your overall tax burden. (A deduction reduces your taxable income, which reduces ...

President Donald Trump issued two Executive Orders (EOs) that address digital services taxes enacted by international trading partners ...

By filing on time, you will begin or continue to receive the benefit and credit payments you are eligible for, and you may even get a refund. Filing an income tax and benefit return can help you ...

The study provided an analysis of the EU’s instruments to tackle aggressive tax planning and harmful tax practices. The study considered the coherence of these instruments, their role in the EU tax ...

If you've been considering buying an EV and want a good deal thanks to government tax credits, you have some added homework to. That's because a big tax break that could save you money faces an ...

Income tax credits directly reduce a taxpayer's liability, potentially to zero, and some can even result in a refund. Key credits include the Saver's Credit for retirement contributions ...

Orban extends tax cuts ahead of 2026 election To cap housing loan interest rates at 5% Ready to reimpose food price caps, limit profits Ukraine will not join EU against Hungary's interests ...

Some free money is up for grabs this tax season in B.C., but you can only get some of it by filing your income tax return. Being entitled to some available credits depends on your income level and ...