Canada Revenue Agency: 3 Essential Tax Breaks Canadians Shouldn't Overlook [Yahoo! Finance Canada]
First National Corporation (FXNC)
NASDAQ:AMEX Investor Relations:
ir.fbvirginia.com
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Source: Yahoo! Finance Canada
In a way, it's a silly question. Almost everybody would like to have more take-home income. Despite this, relatively few people actually take the time to lower their tax bills. They should! Most people incur several expenses in the run of a year that can be claimed as deductions or credits. These work to lower taxes payable. In this article, I will explore three tax breaks that you might be able to claim in 2024. Tuition fees Tuition fees create tax-creditable expenses you can claim when you file taxes. The credit for tuition fees is 15% of the amount spent on tuition. So, for example, if you spent $10,000 on tuition in a given year, you can shave $1,500 off your tax bill. There are some nuances pertaining to eligibility for the tuition tax credit: You need to be 16 or older to claim the credit. You have to attend an “eligible” post-secondary institution to claim the credit. You or your parents can claim the credit, but not both of you. You can claim tuition fees for
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News
- This 6.3% Dividend Stock Pays Cash Every Month [Yahoo! Finance Canada]Yahoo! Finance Canada
- Touchstone Bankshares, Inc. Declares Pro Rata Annual Cash Dividend in Anticipation of the Proposed Merger with First National CorporationPR Newswire
- FIRST NATIONAL FINANCIAL CORPORATION ANNOUNCES SEPTEMBER DIVIDEND INFORMATION [Yahoo! Finance]Yahoo! Finance
- First National Corporation and Touchstone Bankshares, Inc. Announce Receipt of Shareholders Approvals for MergerGlobeNewswire
- 3 TSX Stocks That Can Turn Retirement Dreams Into Reality [Yahoo! Finance Canada]Yahoo! Finance Canada
FXNC
Earnings
- 7/31/24 - Beat
FXNC
Sec Filings
- 9/16/24 - Form 8-K
- 9/3/24 - Form 425
- 9/3/24 - Form 8-K
- FXNC's page on the SEC website