Can you retroactively change the valuation of a rental property before selling it to reduce capital gains tax in Canada?

Benefit payment rates are soon set to go up for all claimants as April ushers in a new financial year. Welfare recipients can expect to see higher rates for every benefit they claim, which will be ...

The Small Business Administration (SBA) announced it will cut about 2,700 jobs, which make up about 43% of its workforce, as part of a restructuring of the agency. The SBA, which was established ...

From left: LRA Financial Analyst Imran Iqbal, LRA Head of Rating Gayani Ariyawansa, LRA CEO Dr. Kenneth De Zilwa, FCT Director/CEO Sachith Perera, FCT COO Tharusha Ekanayake, FCT CFO Mangala ...

Today, Prime Minister Carney announced that the Government of Canada will cancel the proposed hike in the capital gains inclusion rate. Cancelling the increase of the capital gains inclusion rate is a ...

AstroNova is restructuring and letting go of 10% of its employees in an effort to save $3 million. The data-visualization company said Thursday it plans to make the job cuts primarily in its ...

To quote famed 21st century philosopher Joseph Cartegena, "Yesterday's price is not today's price." It is, indeed, certified, Fat Joe. What it cost to sign a free agent, 10, 5 even just one year ...

A major cash ISA update has been issued with the £20,000 allowance under threat as Chancellor Rachel Reeves plots a new limit. The value of tax relief provided to cash Isa savers has risen from ...

The Philippine Information Agency is the grassroots communications arm of the Government of the Republic of the Philippines. It aims to provide for the free flow of accurate, timely, and relevant ...

Allan Lanthier is a retired partner of an international accounting firm and has been an adviser to both the Department of Finance and the Canada Revenue Agency. Earlier this month, the Tax Court ...

WINNIPEG - The Manitoba government is hiking capital spending and introducing new tax rules in a deficit budget aimed at safeguarding the province from tariffs imposed by United States President ...