The threshold for receiving a 1099-K is higher — but that doesn’t mean you’re off the hook if you don’t get one.
If you have gifting to loved ones on your mind, here are some considerations related to taxes and logistics. Unless you’re writing a check from your bank account, the logistics of gifting funds can ...
OTTAWA - The federal Liberal government is rejecting a call from the Opposition Conservatives to grant a tax reprieve on severance packages for laid-off General Motors workers in Ingersoll, Ont.