High salaries face 50% tax rates while billionaires like Elon Musk pay 23.8%. The tax code treats wage income and wealth ...
In an inconvenient truth, new research shows that high personal income tax rates incentivise earners to become leveraged landlords.
With the 2026 tax season approaching, and call volumes expected to rise significantly to nearly 300,000 calls per day at its ...
Contributions to a Roth 401 (k) are made with after-tax dollars, so you don’t get a tax break for the year, but qualified ...
The Canada Revenue Agency has released the federal tax brackets for 2026, and there are some changes coming that could affect ...
A progressive consumption tax takes a different approach. It doesn’t penalise earning more in a particular year. Instead, it ...
A fall in base rate is usually mirrored in mortgage rates, as base rate is the rate charged by the Bank of England (BoE) to ...
Discover how taxes slash a $1.5 billion Powerball jackpot, with winners taking home far less after federal and state cuts.
In IRA expert Ed Slott’s recent monthly newsletter, Ryan McKeown, CPA, CFP, a senior vice president and financial adviser ...
The epic OBBBA tax law brings glad tidings to most families, but complacency can lead to costs for financial advisors and their clients.
Gifting money at Christmas can be a wonderful way for parents and grandparents to have a meaningful and long-term impact on ...
Toronto’s luxury home buyers will have to pony up an additional mansion tax on purchases over C$3 million (US$2.18 million) ...