C.D. Howe report recommends separating access to benefit programs from the filing of tax returns
Employees who worked from home due to the pandemic in 2021 can claim up to $500 in expenses under $2/day flat rate method
Expanded trust reporting requirements announced four years ago were set to be effective, but feds still haven't passed legislation to enable them
Minister of National Revenue's mandate letter emphasizes Covid recovery support and combating aggressive tax planning
Whether earnings from crypto are considered business income or a capital gain depends on the holder’s behaviour
The CRA also updated the RRSP dollar limit
The CRA successfully appealed a conditional sentence imposed in 2019
Clients who borrow to invest may be intrigued by a recent court case on interest deductibility
The prescribed rate on loans to family members remains set at 1%
A quirk in the TFSA overcontribution waiver rules could lead to taxes owed on a zero-dollar account