If a client will be claiming a significant amount of tax deductions or credits in 2026 — including RRSP contributions or ...
A recent BMO survey found 38 per cent of Canadians dip into their RRSPs early for one reason or another. If holiday debt has you eyeing your RRSP savings it’s important to know that early withdrawals ...
There's a 15% foreign withholding tax levied on U.S.-based dividends. The post The TFSA’s Hidden Fine Print When It Comes to ...
From RMDs to Medicare surcharges, these common retirement tax traps could quietly raise your bill in 2026 if you don't plan ...
Every fall, the Canada Revenue Agency releases key updates showing how contribution limits, tax brackets and benefits, among other things, will change in the coming year. Recently the tax agency also ...
Backup withholding occurs when payers must send 24% of payments to the IRS due to taxpayer info issues. Common triggers include incorrect TINs or unreported income leading to IRS-required withholding.
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Vithun Khamsong / Getty Images The ...
AUGUSTA COUNTY, Va. (WRIC) — A former Virginia business owner has been sentenced to six years in prison for withholding more than $3.1 million in income taxes from the Internal Revenue Service (IRS), ...
ABUJA, Oct 28 (Reuters) - Nigeria's tax agency has directed banks, stockbrokers and other financial institutions to deduct a 10% withholding tax on interest earned from investments in short-term ...
This paper investigates the effects of withholding taxes on cross-border trade in services, using a newly compiled dataset covering the universe of bilateral service imports and withholding tax rates ...
New York has been hit with a slew of federal funding cuts and clawbacks in the past month: $18 billion in infrastructure funding for the Hudson tunnel and Second Avenue subway, $34 million in ...