Some taxpayers who filed "bare trust" forms to the Canada Revenue Agency last year may have done so needlessly as the federal government examines further changes to the reporting requirements — ...
The federal estate tax exemption increased again for 2025. Although the higher, IRS-inflation-adjusted number, announced last fall, may not have come as a surprise to most. However, 2025 is a pivotal ...
The federal government has decided to remove the “Estimated Fair Market Value” column from this year’s income tax return forms, following recommendations from a high-level committee and formal ...
Industrialist bodies have expressed deep concern over recent amendments introduced by the Federal Board of Revenue (FBR) in income tax return and wealth statement forms, calling the move unjust, ...
The Federal Board of Revenue (FBR) on Friday announced the removal of the “Estimated Fair Market Value” column from income tax return forms for 2025, following the approval of Prime Minister Shehbaz ...
The last date for submitting income tax audit is nearing on September 30, 2025. As per the Income Tax law, taxpayers must get their business or profession account audited every year. However, not all ...
Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...