Taxes

Many may have seen a budding campaign led by Conservative MPs in collaboration with the Telegraph on the abolition of Inheritance Tax. There is certainly a case for this. Inheritance Tax is the creation of liberal philosopher John Stuart Mill, who argued for a graduated tax on inheritances that exceeded…

It now turns out that back in 2016, I was a tax cheat. And there’s been a lot of chatter about people chatting on their taxes because to get the budget deal done, Joe had to scale back somewhat his program to root out all those no-good bums whose cheating…

Discover the secrets of tax savings for rental property owners in 2023. — Are you a real estate investor or considering becoming one? Rental properties can be a fantastic avenue for building long-term wealth, earning additional income, and enjoying tax benefits. In this article, we’ll delve into the top 10 tax write-offs for rental properties in 2023. Not only will we cover the…

“Where do my tax dollars go?” Recently, I sat down with our City tax folks, Cate Watt and Anton Szabo, to discuss Edmonton’s property tax system and help demystify the direct link between your taxes and the services we enjoy every day. During the 2023–2026 budget deliberations, Council voted on a 4.96% adjustment to the tax…

This week: Taxes Personally, I find the entire ‘reduce federal spending’ argument to be a wild abuse of asymmetrical information— why? Well for starters, the proponents of the line of reasoning — very often conservative leaning (publicly anyway) don’t ever actually cut spending! …

Introduction Hello there, fellow real estate enthusiasts! It’s a beautiful day to delve into one of the most interesting and potentially lucrative aspects of property investment — the 1031 Exchange. Now, don’t be intimidated by the jargon. By the end of this post, you’ll be well on your way to…

Here are the key facts of this story, as agreed upon by ¹Barrons, ²Al Jazeera, ³Africanews, ⁴The North Africa Journal, and ⁵The national. Tunisian President Kais Saied on Thursday suggested taxing the country’s wealthiest citizens to enable Tunisia to avoid another loan from the International Monetary Fund (IMF) — avoiding…

In this post, we’ll cover CoinTracking, a tool that lets you analyze your trades and aids in creating real-time tax returns. It computed the total value of your coins, profits, losses, realized and unrealized gains, and tax reports. CoinTracking enables you to keep track of all your transactions in real…

Have you attempted to calculate the taxes owed on your cryptocurrency income? Confused while using multiple crypto exchanges and storing cryptocurrency in different wallets? By automatically grouping your trades into one location and assisting you in filing your taxes right away, Koinly takes care of all these inconveniences. This Koinly…