Home income tax

Keyword: income tax

81 results found
Tax reduction and deduction for businesses and individuals. Concept with hand turning knob to low taxation rate. Return form, exemptions, incentives.

Basic personal amount would increase, and small biz tax rate would drop while threshold would increase to $700K

CRA highlights AMT, capital gains, Canada carbon rebate and more

  • By: IE Staff
  • February 13, 2025 February 19, 2025
  • 16:47
Video conference screen

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

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CRA is “trying to have it both ways,” legal counsel says

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

donation

Finance releases draft legislation, adds to tax-filing uncertainty

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
father and son conversation

Why clients must avoid late payment, consider current loan structure

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