Why the ACA subsidy cliff is a 'phantom tax' — and how to avoid it

Those who buy health insurance on the Affordable Care Act marketplace may lose premium subsidies next year. But there are ...
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How to Avoid Taxes on a 457(b) Withdrawal: Strategies and Examples

Planning how and when to withdraw money from your retirement accounts can have a big impact on how much of your savings you actually get to keep. This is especially true with 457(b) plans, which are ...
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Here’s How to Avoid a Huge Tax Bill After a Successful Side Gig

Shang Saavedra, founder of Save My Cents and a nationally recognized personal finance expert, has seen this story play out countless times. After helping people navigate financial challenges for more ...

You Could Still Owe Taxes on Social Security Benefits in 2025. Here's How to Know for Sure.

Social Security changes have been in the news so much in 2025 that it's understandable if you've lost track of them. In ...

How to leave RRIF, TFSA, property and other wealth to your children while avoiding probate and minimizing taxes?

Frank can avoid probate on his RRIF and TFSA by listing his two children as 50/50 beneficiaries, Rempel said. “His estate ...

Your wrong tax refund claim can raise a red flag leading to tax notices and even jail in case of under-reporting of income; here’s how to avoid it

Employees who attempt to cheat the system with bogus tax deductions risk facing severe repercussions. The Income-Tax ...
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I Asked ChatGPT How To Avoid Paying Taxes: Here’s What It Said

Nobody likes paying taxes. In fact, I've filed for tax extensions the past two years in a row, which is probably why I asked ChatGPT how to (legally) avoid them altogether. The chat AI complied, and ...

How To Prevent a Tax Hit When Selling a Rental Property

Rental property ownership has its benefits, but selling can create a big tax hit. Thankfully, there are a few strategies you ...