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The AOTC replaced the Hope Scholarship credit for Tax Years 2009 and 2010, increased the benefits for nearly all Hope credit recipients and many other students by providing a maximum benefit up to $2,500 per student, 100 percent of their first $2,000 in tuition and 25 percent of the next $2,000, expanding the income range over which taxpayers ...
If you’ve put money in an IRA, 401(k), 403(b) or other eligible retirement account, the Saver’s Credit could get you a tax credit worth between 10% and 50% of your 2023 contribution amount.
The RST was increased one point to 8% on July 1, 2013. It reverted to 7% as of July 1, 2019 and although it was planned to drop to 6% as of July 1, 2020 [3] [4] due to the COVID-19 pandemic the province has deferred the reduction until further notice. [5] There is a 5% tax on lodging and 5% tax on hotel room fees. New Brunswick: HST: 10: 15
In March 2022, the Alberta government announced it would suspend the collection of the fuel tax starting April 1, as a way to fight the rising cost of fuel. [19] In December 2023, the Alberta government announced that with lower oil prices, the fuel tax would be phased back in after Dec. 31, 2023. [20]
November 17, 2023 Ryan Domotor Saskatchewan: Removed from caucus Independent: Moose Jaw Wakamow: January 30, 2024 Greg Lawrence Saskatchewan: Resigned from caucus Independent: Biggar-Sask Valley: May 15, 2024 Randy Weekes Saskatchewan: Resigned from party, but remained as Speaker [54] [55] Independent: Saskatoon Northwest: June 10, 2024
If you cannot afford a tax professional but need help filing your taxes, visit the IRS free file options or Volunteer Income Tax Assistance (VITA). VITA offers free tax preparation for moderate ...