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Subsidize something and you’ll get more of it. Tax it and you’ll get less. That’s Economics 101. It’s not surprising that nearly three years after Colorado voters approved a ballot measure to subsidize free lunches for all students, regardless of parental income, utilization rates are higher than proponents expected, and the program is coming up…
The deadline to contribute in a registered retirement savings plan is on Monday. Canadians have until March 3 to make any RRSP contributions count towards deductions for the 2024 tax year. Any money set aside in an RRSP after that date can only be claimed in a tax refund next year. Money that goes into…
Most city employees in Denver will continue to be required to work in person only three days per week, even as federal workers are being called back to the office under President Donald Trump, a mayoral spokesperson said this week. While Mayor Mike Johnston said during his 2023 campaign that he would consider requiring full-time…
A car carrier trailer waits in line next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan. 22, 2025. Guillermo Arias | AFP | Getty Images DETROIT — Tariffs announced Saturday by the Trump administration of 25% on goods from Canada and Mexico as…
“The government can be a little more generous in increasing the slab rates and making sure that the starting base on which personal taxes are paid goes higher than what it is now,” says Gokul Chaudhri, President (Tax), Deloitte India.I am going to first start with where do we stand in terms of the tax…
Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023. Jonathan Ernst | Reuters As Congress wrestles over President-elect Donald Trump’s agenda, several key tax provisions are in limbo, including the child tax credit claimed by millions of families. Enacted by…
While avoiding a tax hike, Lethbridge city council has chosen to maintain operations of Lethbridge & District Exhibition (LDE) by using a contingency fund and surplus budget dollars until at least 2027. With the doors remaining open on the Agri-Food Hub and Trade Centre, residents had been facing a 2.24 per cent jump in property taxes…
Dave Bozeman, chief executive officer of C.H. Robinson. Source: C.H. Robinson As Dave Bozeman takes the stage at his first investor day as CEO of C.H. Robinson, he’ll have to contend with a freight recession, the threat of higher tariffs and the turnaround of a century-old logistics giant. “I want to lay out our vision…
Steep property taxes increases for next year has several Ontario municipalities seeking change in how tax dollars are divided to curb such a rise again. Cities such as London, Mississauga, Hamilton and Burlington are sounding the alarm, saying deals struck over 100 years ago with the federal and provincial governments are out of date and…
Srdjanpav | E+ | Getty Images More from FA Playbook: Here’s a look at other stories impacting the financial advisor business. When a Roth conversion is completed, you’ll owe regular income taxes on the converted balance, based on your current-year taxable income. Ideally, you’re “managing the tax bracket,” said CFP Jim Guarino, managing director at…
