Monarch offers a seriously powerful package of features and functions designed to optimise personal finance returns. It’s ...

Both the standard deduction and itemized deductions reduce the amount of tax you pay in a given year. So which is better? Should you itemize or should you keep things simple and take the standard ...

As the year 2024 nears its end, LiveLaw brings to you a summary of important Supreme Court judgments of the year rendered in ...

As President-elect Donald Trump and his fellow Republicans huddle over what to work into their big tax package next year, one veteran analyst is predicting that housing tax credits will get included.

Their proposals have included cutting $2 trillion in spending and providing free tax-filing software. They have captured America’s attention. Yet, they overlook one of the most defining systemic ...

Margins in the parcel business will likely remain under pressure because of increased competition and the shift in package growth from ... which should qualify as a tax-free separation and is ...

LaHood plans to reintroduce the bill at the start of the 119th Congress -- and it could become part of the tax reform reconciliation package that lawmakers will take up next year. "Congressman ...

Most tax software programs will charge you fees to file complex returns. Here are some scenarios where you won’t qualify for a simple tax return: You’re self-employed or a freelancer (1099 tax ...

Much of the information we enter on our tax returns the government already has. (Credit: THE CANADIAN PRESS/Doug Ives) While Monday’s 2024 Fall Economic Statement contained very little in the way of ...

If you have a simple tax return with no deductions or credits, a basic tax software package may be sufficient. However, if you have a more complex tax return with multiple sources of income ...

Note that many commercially-available tax software packages, such as TurboTax, do offer free tax return preparation and filing for “simple tax returns.” Of course, all of this automatic filing doesn’t ...