The shocking ‘widow’s tax penalty’ results in higher taxes on less income after your spouse dies — why you must plan for it now to prevent disaster

Losing a spouse is emotionally devastating — and for many widows and widowers, it can also bring unexpected financial hardship. One key reason is the “widow’s tax penalty,” a little-known tax consequence that can increase your tax burden and reduce income after a spouse’s death. Here’s how this penalty can significantly impact your retirement finances. […]

Budget 2025 opens the door to growth: How investors and entrepreneurs can turn new tax credits into profit

The 2025 federal budget introduced a series of tax incentives designed to stimulate investment, innovation and productivity — particularly in sectors tied to clean technology, manufacturing and research. While many of these measures aim to strengthen Canada’s long-term competitiveness, they also create new opportunities for investors and small businesses to improve cash flow and lower […]

USDA official says SNAP benefits theft ‘could be as high as $12 billion a year.’ Here’s how fraudsters get away with swiping funds from needy families

Given all the discussion about the federal supplemental nutrition assistance program (SNAP) benefits that took place while they were threatened and delayed during the recent government shutdown, you’ve probably heard a lot about supposedly fraudulent uses of the program. In fact, although errors happen on occasion, intentional fraud on the part of SNAP recipients is […]