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Tax

Capital gains changes: Farmers say feds’ latest effort ‘doesn’t go far enough’ – National

by James Odonell
Capital gains changes: Farmers say feds’ latest effort ‘doesn’t go far enough’ – National

Some Canadian farmers say changes to a federal incentive billed as a method to lower the impact from the capital gains inclusion rate increase “doesn’t go far enough” and are …

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Categories Politics

San Jose shelves prospective parcel tax to pay for city parks

by James Odonell
San Jose shelves prospective parcel tax to pay for city parks

Citing a lack of necessary voter support and an already crowded November ballot, the San Jose City Council decided to punt on a prospective parcel tax measure to help fund …

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Categories Politics

Australians advised to get organised and start thinking about work-related expenses for next year’s tax-return

by Abhishek soni
Australians advised to get organised and start thinking about work-related expenses for next year’s tax-return

While it may be far too early for some people to even think about next year’s tax return, it might be in your best interest to do so, an ATO …

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Categories Lifestyle

‘Obscene’: Australia’s billionaires boosted wealth by $82m daily, as Aussies support a tax on the rich, Oxfam says

by Abhishek soni
‘Obscene’: Australia’s billionaires boosted wealth by m daily, as Aussies support a tax on the rich, Oxfam says

Australia’s richest people are becoming nauseatingly more wealthy, increasing their collective wealth by 70 per cent since the pandemic began. That equates to roughly $82 million per day since 2020, …

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Categories Lifestyle

Pennsylvania Is Latest State To Sign On To The 2025 IRS Direct File Program

by Albert Wagner
Pennsylvania Is Latest State To Sign On To The 2025 IRS Direct File Program

Harrisburg, Pennsylvania, USA downtown skyline on the Susquehanna River at dusk during fall. getty Pennsylvania has joined the list of states that will participate in the IRS Direct File program …

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Categories Trending Now

‘We can use your tax refund’: Taxpayers warned ATO will automatically pay off Services Australia debts

by Abhishek soni
‘We can use your tax refund’: Taxpayers warned ATO will automatically pay off Services Australia debts

Taxpayers are being reminded the Australian Taxation Office (ATO) will siphon money from their tax returns to pay off any outstanding Services Australia debts. Even those people who have existing …

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Categories Lifestyle

ATO is ‘here to help’ as Australians complete tax returns for 2024

by Abhishek soni
ATO is ‘here to help’ as Australians complete tax returns for 2024

Taxpayers struggling with lodging their returns could be eligible for a free helping hand. Australians have until October 31 to lodge their returns or face a hefty fine. While you …

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Categories Lifestyle

States Considering Taxing Retail Deliveries To Pay For Roads When Gas Taxes Fall Flat

by Adesola Mojo
States Considering Taxing Retail Deliveries To Pay For Roads When Gas Taxes Fall Flat

Gas tax revenue is predicted to take a downward trajectory going into the 2030s as we head into a zero emission, greener future. States are looking at ways to make …

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Categories Automobile

Experts warn taxpayers about the common mistakes costing Aussies time and money on EOFY tax returns

by Abhishek soni
Experts warn taxpayers about the common mistakes costing Aussies time and money on EOFY tax returns

Australians are being warned by experts not to make any “incorrect” deductions on this year’s tax return, or else risk pricey repayments. To make understanding deductions easier, the Australian Taxation …

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Categories Lifestyle

ATO impersonation text message scams targeting Australians during tax return time

by Abhishek soni
ATO impersonation text message scams targeting Australians during tax return time

Opportunistic scammers are using tax time to target unsuspecting Australians trying to lodge their return. As of July 1, taxpayers can file their tax returns with the Australian Taxation Office. …

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Categories Lifestyle
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