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Exterior of CRA headquarters building

Request for judicial review 'is not moot,' lawyer says, despite deferral of increased CGIR

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Some employees may have larger deductions using detailed method relative to temporary flat-rate method

parliament hill

Deferral provides certainty to taxpayers, finance minister says

Bond board

Prescribed rate for the second quarter to remain at 4%

Life in time of COVID-19: Mature woman working on computer from home at the stand up desk. She has long grey hair and dressed in casual black outfit. Interior of living room set up with home office station, next to window.

Updates related to home office expenses aim for simplicity

Apartment building

Non-compliance results in denial of expense deductions, raising taxable income

financial statement

Here's a cheat sheet of helpful credits, benefits, deductions and expenses

  • By: IE Staff
  • January 21, 2025 January 22, 2025
  • 16:16
dividend concept

Gambling on potential legislative outcomes undermines confidence in tax system, lawyers say

swing axe

Policy uncertainty takes toll on taxpayers

CRA signage

Whether Parliament is prorogued or dissolved, the agency generally continues to administer proposed legislation