With effect from year of assessment 2004, entertainment expense will ... an understatement of tax due to claims on expenses which are not tax deductible, a taxpayer will not only suffer additional ...

With this year's tax filing deadline quickly approaching, it's important for self-employed individuals to get a clear sense ...

Managing fringe benefits and entertainment expenses correctly can save your business money and ensure compliance with tax laws.

NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 ...

Most pet expenses aren't tax deductible, and you can't claim your pet as a dependent on your tax return. But some exceptions are becoming more common. Here are the pet-related tax breaks the IRS ...

Depending on what you've spent, claiming your medical expenses can get you a bigger refund. We walk you through everything ...

Tax season is here, and while you're filling out your return for the Canadian Revenue Agency (CRA), keep in mind that medical expenses may be deductible.