(a), taxpayers may deduct expenses paid during the tax year for medical care, provided these expenses are not compensated by ...

Starting in 2026, the new deduction will enable the estimated 90% of household using standard deductions to get a deduction ...

A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...

The standard deduction is set to climb again for the 2025 tax year, with married couples filing jointly able to shield ...

Deciding how to file your taxes as a married couple can have a meaningful impact on your return. Depending on your situation, ...

Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth ...

Some of these perks don’t apply to investment properties, but that doesn’t necessarily mean you’ll have to pay more taxes for ...

The Mark Carney Liberals took a business-friendly approach to tax policy in the latest federal budget, focusing on corporate tax breaks while jettisoning Justin Trudeau-era tax programs they felt were ...

The 2025 federal budget introduced several tax measures set to impact both individuals and business owners, says Jamie Golombek, managing director, tax and estate planning, CIBC Private Wealth in ...

Boosting retirement contributions to plans such as a Simplified Employee Pension (SEP) IRA or a solo 401 (k) is a good ...

Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize deductions.

Jamie Golombek of CIBC Private Wealth offers his take on Carney’s first budget, and the potential impacts on the investment community. Welcome to Advisor to Go, brought to you by CIBC Asset Management ...