You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.

Do you have to file multiple federal tax returns? No, you do not file multiple federal tax returns for each job separately.

There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...

For the 19th consecutive year, the Earned Income Tax Credit (EITC) has launched the "Awareness Day" campaign to provide tax ...

It's important to understand what a tax extension does and doesn't do or you could end up making costly mistakes.

Errors can lead to delays in tax refunds. Certain mistakes can even turn a refund into an unexpected tax bill.

You can claim an amount for eligible adoption expenses related to the adoption of a child who is under 18 years of age at the time that the adoption order is issued or recognized by a government in ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

For most people, getting out of self-employment taxes will save a lot of money. LLCs do not allow that on their own. However, ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

2025 provincial and territorial income tax rates Provincial and territorial tax rates vary across Canada; however, your provincial or territorial income tax (except Quebec) is calculated in the same ...

The post Your Recent Mortgage Statement Holds the Secret to a Big Tax Bonus This Year appeared first on Real Estate News & ...