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Piggybank With Eyeglasses And Calculator On Wooden Table, TFSA, RRSP

Canadians making above $300,000 to contribute 98% of total AMT

IRS tax

Artificial intelligence is playing a big role in identifying wealthy tax dodgers

Hand with chalk is drawing Risk and reward balance scale on the chalkboard

This unique, illiquid asset class demands a risk-conscious approach

Tax inspection

Agency had been directing taxpayers to contact a CRA official before speaking with their tax advisor

IRS tax

Agency appears to be making a case for sustained funding as it tries to avert budget cuts

Shot of a senior woman in a wheelchair being cared for a nurse

Fully digital disability tax credit application form is intended to simplify and speed application process

Parliament Hill, Ottawa, Canada

Interest rates pushed debt charges up 40.7%

The CRA says tax returns filed digitally will largely be processed automatically ``without delay"

The agency said all paper returns “will be stockpiled for future processing"

Close-up Of Businessman With Tax Time Reminder Note On Alarm Clock At Desk

Late-filing penalties and arrears interest on taxes owing are costly