taxes

Canadian and American Lottery winners

Americans should know that Canadians don't pay any taxes on lottery winnings. So why do you have to give so much of your winnings to the government?

You hit the jackpot. Life-changing money. But then reality kicks in—if you’re in the U.S., a big chunk disappears before you even see it. Meanwhile, Canadians keep everything. So what’s the deal with that?
May 27, 2026 Jesse Singer
older woman, happy rich man

I make $85,000 a year and pay over 30% in taxes. I heard some billionaires pay under 5%—do I really pay more than a billionaire?

It sounds completely backwards. You earn a solid middle-class income and see a big chunk go to taxes every year. Then you hear that one of the richest people in the world is paying a much lower percentage. Is it true? Is it fair?
May 26, 2026 Jesse Singer

I want to quit my job but I’d have to repay my signing bonus. I paid tax when I got it, but I’ll have to reimburse the full amount. What can I do?

Repaying your signing bonus can be a strong mental barrier to leaving behind an unsatisfying job.
May 26, 2026 Alex Summers
taxratesinternal

7 Countries With The Lowest Corporate Tax Rates

Looking to save money on your tax bill? Consider opening up shop in one of the countries with the world's lowest corporate tax rates.
July 6, 2023 Eul Basa
AI-generated image of a woman concerned about a missed tax credit.

I found out that I qualified for a tax credit after I had already filed. Do I just miss out on that money?

You already filed your taxes, maybe even got your refund, and then you realize it: you actually qualified for a credit you didn’t claim. That’s the kind of realization that stings. But here’s the good news: in most cases, you don’t miss out. The tax system actually gives you a way to go back and fix this, and plenty of people do it every year.
May 19, 2026 Peter Kinney
AI-generated image of man worried about business identity theft and his taxes.

I just found out my brother used my identity to register his business. Now I have tax debt. How do I fix this?

Identity theft, even when it involves someone you know, has clear steps for recovery, and the sooner you act, the more control you regain.
May 11, 2026 Peter Kinney