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
Some employees may have larger deductions using detailed method relative to temporary flat-rate method
CRA is “trying to have it both ways,” legal counsel says
Updates related to home office expenses aim for simplicity
Finance releases draft legislation, adds to tax-filing uncertainty
Non-compliance results in denial of expense deductions, raising taxable income
Here's a cheat sheet of helpful credits, benefits, deductions and expenses
Why clients must avoid late payment, consider current loan structure
Whether Parliament is prorogued or dissolved, the agency generally continues to administer proposed legislation