New deductions usually introduce new complexities and the need for better recordkeeping.
Articles on Tax season
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Some Americans are discovering that monetary help they received from friends, neighbors or even strangers may be treated as taxable income.
Research on millionaire migration reveals that social and professional ties matter far more than marginal tax rates.
If Canada is to maintain an informed, financially responsible and democratic society, tax literacy must be taken seriously.
The fate of the Tax Cuts and Jobs Act lies in the balance.
Republicans and Democrats have committed to making this family-friendly government benefit a little more generous. Unless lawmakers act, it will get much smaller in 2026.
An accounting expert points out that income Americans previously thought was invisible to the IRS will now be tallied up and reported by Venmo and similar apps.
Tax season is fast approaching, but there are limited opportunities for Canadians to influence how their taxes are spent. Here’s how a new innovation could lead to a more democratic tax system.
Taxes are more than mandatory payments required by governments. Understanding the essential aspects of taxation can help prevent ethically and legally questionable taxes from being imposed.
The IRS has yet to finish millions of returns from the 2021 tax season. That doesn’t bode well for 2022.
A tax expert explains why the US continues to use such a complex and costly income tax system.
As people file their taxes in a year where many are going through financial hardships brought on by COVID-19, a scholar argues that cheating on one’s taxes would still be morally wrong.
A country’s tax policies say a lot about what it values – and some of America’s tend to promote inequality.
Many Americans are fretting over paying their taxes. A philosopher says the moral question isn’t as much about a duty toward the government, but being fair to fellow tax-paying citizens.
It’s tax season. That’s why Canadians must pay close attention to the possibility of going from the tax avoidance realm into tax evasion when preparing their tax returns or hiring an accountant to do so.
A family economic health expert says there are good reasons why people avoid looking at their finances, so start small to increase confidence.
It’s never too early nor too late to start your saving program. Whether it’s an RRSP or TSFA – or preferably both – they are both important and easy ways to help you achieve your financial goals.
Top contributors
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PhD Student in Law and Society, University of Victoria
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Professor Emerita of Law, Vanderbilt University
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John H. Watson Chair Emeritus in Value Investing, University of Toronto
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Assistant Professor of Accounting, Youngstown State University
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Managing Director and Lecturer, McMaster University
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Assistant Professor, University of Guelph
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Senior Lecturer in Democracy Studies, University of Canberra
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Associate Professor of Public Policy, University of Michigan
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Assistant Professor of Philosophy, Director of the Law, Liberty, & Justice Program, Clemson University
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Postdoctoral Fellow, University of Canberra
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Professor of Law, University of Pittsburgh
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Professor of Philosophy, Wake Forest University
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Associate Professor of Public Policy, University of Michigan
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Professor of Accounting, Western Governors University School of Business
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PR & Communications Manager, Western Governors University School of Business