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Property taxes are one of the principal means that cities and municipalities use to raise revenue. Property taxes are generally based on two things: the value of the property itself, and the local rate of taxation. Both of these values can fluctuate depending on several different factors, including Read More

Before the March 1st RRSP deadline, tax payers are asking themselves important tax related questions; Should I put my money in a Tax Free Savings Account (TFSA) or in my RRSP?, When is the right time to move from a province to province?, Should I file my taxes even though I have not made much money Read More

Should the primary purpose of taxation be to support the government or maximize economic growth?
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Economic theory suggests that progressive income taxes discourage entrepreneurship. Glenn Hubbard of Columbia University argues that our tax code, which takes much of your money if you take risks and succeed, but does not share your losses if you take risks and fail, discourages people from taking Read More

Payroll obligations and taxes come in two different varieties: those that your employee pays but that you are responsible for withholding and those that you pay and are responsible for withholding. The key here is that, no matter what, you as the employer are responsible (liable) for the proper col Read More

Tax is something that we are unable to avoid no matter where you are located but the tax that we have to pay does vary depending on our circumstances. When it comes to business they can have entirely different tax levels and forms of it that they need to pay so here is some general advice on busine Read More

It's never too late to find ways to legitimately lower your taxes. Here are three often overlooked ways to reduce your tax burden when you're charitable or out of work.
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The US corporate income tax rate is 35%. Yet this year, Google, which made $5.5 billion in revenues, only paid an effective tax rate of 2.4%. Indeed, it’s not unusual for a corporation to pay only 6-7% in effective taxes.
Such numbers put you and me and most small businesses to shame. What gives? Read More

Over the last several years, presidential administrations and congresses have engaged in a number of Keynesian fiscal measures: stimulus checks for households, “cash for clunkers,” tax credits for homebuyers, and the gargantuan 2009 stimulus bill. Read More

In today's "The Gartman Letter," Dennis seems to concur that the improving tax collections reported for September are a sure sign of economic strength: Read More