Editorial board 
Taxpayers who have filed their tax return for the 2024 tax year must have received their tax refund even if they have claimed the EITC/ACTC as the 15 February limit is passed. But if your tax refund is delayed, it can be a nightmare turn for the taxpayers. The IRS processes tax refunds generally on … Read more
Affected individuals of Cyclone Alfred Disaster can be eligible to receive the Cyclone Alfred Disaster Payment 40 hours after the impact. This payment later can be accessed online through Service Australia Website. The assistance payment amount will be $1,000 for adults and $400 for children. This payment can be used to manage food, clothes, medical … Read more
The Royal Canadian Mint minted coins named as Penny, which was a one-cent coin, but they are quite valuable due to their minting errors and historical significance. The production of the Canadian Penny stopped in 2012, the distribution ceased in 2013, however, the coins remain popular among coin collectors. Now these Canadian Pennies are worth … Read more
The Kennedy Half Dollar coins minted in 1964 are gaining popularity and their price has been increasing. The US mint and the US treasury produce the Kennedy Half Dollar coins after President John Fitzgerald Kennedy was assassinated on 22 November 1963 in his honour. Among the valuable Kennedy Half Dollar coins, the 1966 coin is … Read more
The Disability Tax Credit (DTC) helps individuals reduce their income tax burden. This credit benefits people with physical or mental disabilities or their supporting family members. Applications for the DTC can be submitted online through the Canada Revenue Agency (CRA) website, using Form T2201 (Disability Tax Credit Certificate) or by mail to designated tax centers. … Read more
ICBC Rebate 2025 will be issued to eligible policyholders between mid-March and May. The exact timeline will be based on their policy payment method, however ICBC has advised to set up direct deposit to get faster payment. The rebate amount will be $110 which will be part of the rebate budget allocation of $410 million. … Read more
The Canada Carbon Rebate is a tax-free quarterly amount, to help eligible households to offset the cost of the federal pollution pricing. The CRA normally delivers Carbon Tax Rebate payments on the 15th of April, July, October, and January. For the 2024 base year, once an individual’s 2024 income tax and benefit return is filed … Read more
In Canada, for qualifying families, the Canada Child Benefit (CCB) is scheduled to increase from the mid-2025. From this adjustment, individuals can expect a 2.7% rise in their monthly CCB payments based on inflation. To qualify for CCB increase 2025, individuals need to satisfy the eligibility requirements and submit a valid claim form. Qualifying Canadian … Read more
The Canadian government offers many benefits to support Canadians in various circumstances; for instance, to support the parents in raising the child, the government provides the Canada Child Benefit, or to support the seniors and retirees, the government has the Canada Pension Plan. The Canada Revenue Agency administers most of the benefits, even when they … Read more
The Ontario government has started issuing $200 taxpayer rebates to the qualifying taxpayers and each of their qualifying children to help them to cover the high cost of the federal carbon tax and high interest rates. The rebate cheques are being mailed to all Ontario residents who are satisfying the qualifying requirements of taxpayer rebate. … Read more