Explore nonpassive income and losses, including their tax implications for active material participants in business ...

Careful planning around LLC vs sole proprietor taxes and LLC vs corporation tax advantages can reduce your bill.

Tax professionals are already warning that the 2026 filing season could be bumpier than taxpayers are used to, with slower ...

Discover tax-saving strategies for financial advisors, including deductions on business expenses, entity structuring, and ...

Learn how to file taxes for your side hustle, from reporting income and claiming deductions to paying self-employment taxes and avoiding IRS penalties.

Discover essential but often missed tax breaks for retirees over 65. Learn how to maximize your savings in 2025 with these ...

OTTAWA, ON, Dec. 11, 2025 /CNW/ - In 2025, approximately 93% of income tax and benefit returns were filed online. If you typically file on paper, why not enjoy the benefits of online filing? It makes ...

Hannah Mann, founder of Pioneer Accounting LLC, shares several tips and strategies to help ranchers simplify tax season.

The U.S. government has announced record-high tax refunds, with the Earned Income Tax Credit (EITC) offering up to $8,046 for eligible taxpayers in 2025. Learn how to qualify and claim this ...

While there are multiple ways to collect money from clients and customers, one of the best options is PayPal. PayPal makes it possible to accept payments without setting up a merchant account. It’s an ...

When government bureaucrats start creating programs to solve problems that already have solutions, taxpayers should take notice — and grab their wallets. The Internal Revenue Service’s “Direct File” ...

The Internal Revenue Service Thursday released the updated tax brackets for the 2026 tax year. Changes to the standard deduction, earned income tax credit, estate tax credit, and more were also ...