If you contribute over $8,000 in a year, resulting in excess FHSA amounts, you can remove the excess amounts as designated withdrawals. These transactions will not be considered a form of income.

Other reasonable expenses include a laptop, a phone and basic furniture. The child could use any excess amount for a tax-deductible first home savings account (FHSA) contribution or a TFSA ...

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Marc Howell II and Esteban Restrepo are named defendants in a lawsuit accusing them of using excessive force against a Black man on Second Street in 2023. Howell was depicted in a video running up ...

“For anyone even considering home ownership, the FHSA should be the first place they look to,” Mr. Giovannetti says. “It’s the best tool for first-time buyers,” he adds. FHSAs offer the ...

On April 1, 2023, Questrade became the first company to launch an FHSA in Canada. Since then, more than 20 other financial institutions, including all of Canada’s Big Six banks, have launched ...

An excess profits tax is a special tax assessed on an entity beyond a specified amount of profit, usually exceeding what is deemed normal. An excess profits tax can be implemented to reduce income ...

MANILA, Philippines — Supreme Court Associate Justice Antonio Kho said the P60 billion in excess funds transferred from the Philippine Health Insurance Corp. (PhilHealth) to the National ...

AUSTIN (KXAN) — As part of the National Weather Service’s “Hazard Simplification Program,” Excessive Heat Watches and Excessive Heat Warnings will undergo a name change starting Tuesday.

The Elon Musk-led Department of Government Efficiency (DOGE) uncovered that federal agencies hold an excess of software licenses, many unused, which could result in significant taxpayer savings.