The Supreme Court of Canada will not hear a challenge of legislation that allows account information held by Canadian financial institutions to be shared with U.S. authorities. The case began when two U.S.-born women who now live in Canada contested the Canadian provisions implementing a 2014 agreement between the two countries that made the information-sharing…
Supreme Court Won’t Examine Sharing of Canadian Bank Account Info With US
Bank Bonuses, Interest May Boost Tax Bill
With tax season in full swing, you may be consolidating the various charitable donation receipts, deductions, and W-2 forms that you’ll submit to the Internal Revenue Service (IRS). But if you received any bank sign-up bonuses or earned interest on your bank balance, you may owe additional taxes you might not have planned for. Interest…
How to Manage Your Funds If You Move Abroad
People move overseas for various reasons. Maybe you landed a dream job with an international corporation or want to study for your doctorate without drowning in student loan debt for a lifetime. Many Americans choose the emigration option if they have chronic health conditions and an in-demand career or spouse with such a role—they can…
RCMP Shared Blacklist of Freedom Convoy Supporters With Securities Regulators Nationwide: Email
An RCMP blacklist of individuals who supported the Freedom Convoy was emailed to securities regulators nationwide, with the personal information of convoy sympathizers potentially being received by thousands of financial advisors, according to internal emails. Issued under the Emergency Economic Measures Order enacted by the federal government on Feb. 15, the RCMP email told investment…
5 Simple Strategies to Get the Most from Your Bank Account
Your bank account sits at the center of your personal finances. The core of your finances is your checking account, where your primary income and expenses flow through each month. If you want to get the best from your bank account, as a small business owner or just as a regular consumer, follow these simple…
Along With Trump’s Home, Biden Wants to Raid Your Bank Account
Commentary How self-destructive can the Democratic Party be? In control of the White House, Senate, and House of Representatives, they’re not satisfied with bearing the blame for the highest inflation in four decades; a recession that has only just begun; a bloody debacle in Afghanistan last year that left 13 of our servicemen and women…
5 Uses for Your Bank Account Routing and Account Numbers
August 9, 2022
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Your bank account routing and account numbers might not seem very significant, but they act as an important gateway for the cash going into and out of your bank account. Freelancers and other small business owners may find keeping your routing and account numbers handy is a good idea, as you’ll need them somewhat frequently when looking to move…
Biden’s $600 IRS Taxpayer Reporting Proposal ‘Massive Invasion of Financial Privacy’: Bank Association Exec
Paul Merski, executive vice president for the Independent Community Bankers of America, told NTD’s “The Nation Speaks” program that President Joe Biden’s proposed bank account reporting law being drawn up is a violation of Americans’ financial privacy and is a costly regulatory burden on financial institutions. “This is going to be a massive invasion of…
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