As tax season approaches, parents and guardians should take advantage of valuable tax credits and deductions, including the Child Tax Credit (CTC). This comprehensive guide explains how to qualify, calculate your benefits, and claim the CTC on your 2024 tax return. What is the Child Tax Credit (CTC)? The Child Tax Credit is a federal…
In a positive start to 2025, leading brokerage firms have issued upbeat reports on Kotak Mahindra Bank and NTPC, highlighting these stocks as prime investment opportunities for the year ahead. Leading brokerage firms have recently updated their recommendations for Kotak Mahindra Bank and NTPC, highlighting potential investment opportunities. Kotak Mahindra Bank Brokerage Recommendation Target Price…
As we step into 2025, several critical changes in policies and financial regulations will take effect. These updates span various sectors, including taxation, digital payments, and trading. It’s vital for individuals and businesses to understand these changes for effective compliance and financial planning. Financial Changes in Digital Payments and Banking UPI 123Pay Transaction Limit Increase…
The U.S. Treasury Secretary, Janet Yellen, has issued a stark warning to Congress about the urgent need to address the country’s debt ceiling. In a letter dated December 27, 2024, Yellen emphasized that the U.S. is on the brink of exhausting its borrowing capacity by mid-January 2025. This development could trigger a catastrophic default, with…
“Advice” for new Real Estate Investor Question Hi Phil I’m moving to Victoria next month from Vancouver and I saw that you have a CPA practice on the Island. I’m reaching out in case you can help answer some real estate investment questions (also for a school project): What advice would you give to a…
Saving and investing advice for new investors Question Hi Phil I saw online that you help with financial planning. I don’t have much money to pay for advice, so maybe you can point me in the right direction. I always remember my grandfather telling me to invest as early as possible and now that I’m…
How Do I Invest My Inheritance? Question Hi I’ll be receiving an inheritance from my grandfather who lived in Florida. It’s more money than I’ve ever had and I’m not sure how to invest the money. I’ve always been a good saver, but I’ve never had this much money. I’m looking for some guidance on…