Zooey Liao/CNET; Mykola Sosiukin/EyeEm via Getty It's tax season ... it's forgiven. Examples of canceled debt include property foreclosure or a charge-off on a credit card. Form 1099-C does ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Canadian Lawyer has released its 2025-26 rankings of the top tax law boutiques in Canada, recognizing firms that have demonstrated excellence in specialized tax law services. This bi-annual ranking ...

You can’t just claim anything. In preparing to file your income tax return, you will need to provide receipts for proof. Here’s why. If you’re claiming any kind of tax deduction or credit ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

One such example is Canada’s Digital Services Tax (DST), which imposes a three percent tax on multinational digital firms with Canadian revenues exceeding $20 million. Enacted in 2024, the DST applies ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

If you have a fairly simple tax situation — you're only reporting income from Form W-2 and taking the standard deduction, for example — using tax software probably makes sense. If you own a ...

I write about money. I’ve been reviewing tax software and services as a freelancer for PCMag since 1993. Along the way, I took on reviews of other types of business and personal finance ...

While the capital gains inclusion rate increase is postponed, the government is still proceeding with separate tax measures, including an increase to the Lifetime Capital Gains Exemption and the ...

Stop spending our hard-earned tax dollars ... of advertising to Canadian local media (in print and digital), they would show us the leadership we need to make the same choices. It is time to “buy ...