A key federal estate, gift and generation-skipping transfer tax exemption included in the Tax Cuts and Jobs Act (“TCJA”) is ...

A memo obtained by the Guardian shows Charles Koch's dark-money network spending big on—sorry, against—class warfare.

If donating the car, make sure you research and follow proper tax procedures to take a deduction on the gift, if desired. The process of transferring ownership when gifting a car is similar to ...

A great Valentine’s Day gift strikes the balance between personal and indulgent, which is a very different measure depending on whom you’re shopping for. Some guys may be yearning for a high ...

Only an NDP government will make the ultra-rich pay what they owe. In reaction to the announcement on Conservatives’ tax break for their billionaire buddies, NDP critic for Tax Fairness Niki Ashton ...

Your zip code will grant automatic extensions. What It Means: Individuals can now file their 2024 tax returns and make payments without the stress of the original April deadline. This provides ...

The decision reinforces the principle that genuine cash gifts from immediate family members, backed by verifiable evidence, are not taxable under the Income Tax Act. This ruling serves as a precedent ...

Individuals and businesses affected by the ravaging wildfires in southern California will receive tax relief ... also qualify for filings and payments extensions, Ringbauer said.

When is Tax Day 2025? All about deductions, income brackets, credits and deadlines In addition to extensions, taxpayers are entitled to other types of relief, including: Individuals and businesses ...