updates

What are you allowed to claim on your taxes?

Here are some tax deductions that you shouldn’t overlook. Sales taxes. You have the option of deducting sales taxes or state income taxes off your federal...

Published: Jun 01, 2026

general

Does the IRS provide training?

Link & Learn Taxes is the web-based program providing six certification courses for volunteers and a refresher course for returning volunteers. How do...

Published: Jun 01, 2026

news

Do you have to pay tax on Canada pension?

Your CPP retirement pension counts as income and is taxable. Taxes aren’t automatically deducted. You can ask that federal income tax be deducted from you...

Published: Jun 01, 2026

general

Can a stock trade be reversed?

An erroneous trade is a stock transaction that deviates so much from the current market price that it is considered an error. These trades are often rever...

Published: Jun 01, 2026

news

What is considered your income?

Income from wages, salaries, interest, dividends, business income, capital gains, and pensions received during a given tax year are considered taxable inc...

Published: Jun 01, 2026

general

How long can income be deferred?

However, if a customer made an up-front prepayment for services that are expected to be delivered over several years, the portion of the payment that pert...

Published: Jun 01, 2026

general

What does it mean to be totally and permanently disabled?

A person is permanently and totally disabled if both of the following apply: He or she cannot engage in any substantial gainful activity because of a phys...

Published: Jun 01, 2026

general

Can you borrow money without paying interest?

You can get an interest free loan period by using a credit card to buy goods or services, or by using the overdraft facility with your bank. However, 0% i...

Published: Jun 01, 2026

general

How do I get out of 15k credit card debt?

I Have $15,000 In Credit Card Debt — What Should I Do? Stop charging. Pay at least double the minimums. Transfer your balance to a lower-interest card. Lo...

Published: Jun 01, 2026

general

What age do you lose most friends?

A recent study published by the Aalto University School of Science in Finland and Oxford University found that for both men and women, the age of 25 is wh...

Published: Jun 01, 2026