Finishing strong: your year-end financial planning guide

Credit to Author: Shalini Dharna| Date: Tue, 05 Nov 2024 01:46:23 +0000

As 2024 wraps up, it’s a great time for Canadians to think about year-end planning. Taking a closer look at your finances now can help you improve your financial health and potentially save on taxes. This guide will cover some helpful strategies, including charitable donations, medical expenses and selling investments at a loss, along with simple tips for each.

The post Finishing strong: your year-end financial planning guide first appeared on Canadian Immigrant.

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Understanding capital gains tax in Canada

Credit to Author: Shalini Dharna| Date: Tue, 10 Sep 2024 21:12:55 +0000

Navigating the world of investing can be overwhelming, especially when it comes to understanding the concept of capital gains. In this article, we’ll explain capital gains and discuss important tax considerations, including recent rules from the Canada Revenue Agency.

The post Understanding capital gains tax in Canada first appeared on Canadian Immigrant.

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Average State Tax Rates for Retail Gasoline and Diesel Fuel Flat Since January 2024

Credit to Author: US Energy Information Administration| Date: Fri, 23 Aug 2024 14:09:05 +0000

As of July 1, 2024, state taxes and fees on gasoline and diesel fuel averaged $0.33 per gallon (gal) of gasoline and $0.35/gal of diesel fuel, according to our federal and state motor fuel taxes table. Since January 2024, both the gasoline and diesel average taxes have remained nearly flat, increasing … [continued]

The post Average State Tax Rates for Retail Gasoline and Diesel Fuel Flat Since January 2024 appeared first on CleanTechnica.

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Essential Canadian tax terminology: Brush up on your lingo!

Credit to Author: Canadian Immigrant| Date: Mon, 08 Apr 2024 22:20:26 +0000

Only 14 per cent of Canadians are very confident in their understanding of tax-related terminology finds a poll conducted by TurboTax Canada. Here is a list some of the key Canadian terms to help navigate the complexities of the tax season.

The post Essential Canadian tax terminology: Brush up on your lingo! first appeared on Canadian Immigrant.

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Upcoming webinar on tax benefits and credits for newcomers to Canada

Credit to Author: Canadian Immigrant| Date: Tue, 12 Mar 2024 03:28:33 +0000

On March 20,2024, the Canada Revenue Agency is hosting an interactive webinar on the Canadian tax system. This free event will cover various topics including the Canada child benefit (CCB), GST/HST credit, ways to do your taxes, free tax help and other CRA services.

The post Upcoming webinar on tax benefits and credits for newcomers to Canada first appeared on Canadian Immigrant.

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How do taxes work in Canada?

Credit to Author: Staff Writer| Date: Tue, 05 Sep 2023 18:50:56 +0000

Sponsored Content Let us explain to you swiftly how taxes in Canada work. Here are quick answers to better understand how the different tax rates work, how they reflect on your revenues and what you should be declaring when making your tax return. Taxes are the money we give to the government to help pay […]

The post How do taxes work in Canada? first appeared on Canadian Immigrant.

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Pivoting North: A Guide for U.S. Residents Looking to Move to Canada

Credit to Author: Vimal Sivakumar| Date: Wed, 30 Aug 2023 12:00:48 +0000

To attract more global tech talent to Canada, Immigration, Refugees and Citizenship Canada (IRCC) recently opened a new three-year Open Work Permit stream for H-1B holders living in the United States (U.S.). After opening the stream for applications on July 16, the federal government announced that it was closing the program after reaching the intended […]

The post Pivoting North: A Guide for U.S. Residents Looking to Move to Canada first appeared on CIC News.

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Top accounting and tax mistakes entrepreneurs make and how to avoid them

Credit to Author: Shalini Dharna| Date: Mon, 31 Jul 2023 22:12:33 +0000

Understanding and complying with accounting and tax rules in your business is an expectation and just one of the many hats you must now wear as an entrepreneur.

The post Top accounting and tax mistakes entrepreneurs make and how to avoid them first appeared on Canadian Immigrant.

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How does the PSAC strike affect me during tax season?

Credit to Author: Julia Hornstein| Date: Sat, 22 Apr 2023 10:00:31 +0000

Amid a strike involving over 155,000 federal government workers, here is how Canadians will be impacted when it comes to filing their taxes until the strike is resolved. Discover if You Are Eligible for Canadian Immigration On April 19, the Public Service Alliance of Canada (PSAC) started to strike after failing to reach an agreement […]

The post How does the PSAC strike affect me during tax season? first appeared on CIC News.

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