income tax | Investment Executive https://www.investmentexecutive.com/tag/income-tax/ Canada's news source for financial professionals Mon, 12 Jan 2026 11:46:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png income tax | Investment Executive https://www.investmentexecutive.com/tag/income-tax/ 32 32 Personal tax items to consider for clients in 2026 https://www.investmentexecutive.com/news/industry-news/personal-tax-items-to-consider-for-clients-in-2026/ Mon, 12 Jan 2026 09:00:39 +0000 https://www.investmentexecutive.com/?p=528983 From perennial opportunities to new developments, here are tax highlights for the new year

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]]> Early birds can begin filing their taxes in the U.S. on Jan. 26 this year https://www.investmentexecutive.com/news/early-birds-can-begin-filing-their-taxes-in-the-u-s-on-jan-26-this-year/ Thu, 08 Jan 2026 20:20:43 +0000 https://www.investmentexecutive.com/?p=528923 A National Taxpayer Advocate report to Congress warned that the 2026 season could be rocky

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]]> CRA confirms bare trusts don’t have to file for 2025 tax year https://www.investmentexecutive.com/news/cra-confirms-bare-trusts-dont-have-to-file-for-2025-tax-year/ Tue, 30 Dec 2025 14:29:56 +0000 https://www.investmentexecutive.com/?p=528296 Updated proposed filing exemptions are in Bill C-15

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]]> CRA accounts to require backup multifactor authentication https://www.investmentexecutive.com/news/cra-accounts-to-require-backup-multifactor-authentication/ Wed, 17 Dec 2025 18:53:01 +0000 https://www.investmentexecutive.com/?p=527993 Agency encourages taxpayers to add the extra layer of security ahead of tax-filing season

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]]> No more mailing of T1 packages to paper tax filers: CRA https://www.investmentexecutive.com/news/industry-news/no-more-mailing-of-t1-packages-to-paper-tax-filers-cra/ Thu, 11 Dec 2025 21:46:26 +0000 https://www.investmentexecutive.com/?p=527552 The change supports agency's shift to digital services

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]]> Liberal tax promise tracker: Post–Budget 2025 edition https://www.investmentexecutive.com/news/liberal-tax-promise-tracker-post-budget-2025-edition/ Wed, 19 Nov 2025 15:46:12 +0000 https://www.investmentexecutive.com/?p=525616 Here's the status of major tax proposals for individuals and businesses

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]]> Top-up tax credit helps taxpayers with significant tax credits amid middle-class tax cut https://www.investmentexecutive.com/news/top-up-tax-credit-helps-taxpayers-with-significant-tax-credits-amid-middle-class-tax-cut/ Tue, 04 Nov 2025 21:27:43 +0000 https://www.investmentexecutive.com/?p=524533 In “very rare cases,” the decrease in value of credits could exceed tax savings from one-percentage-point cut to lowest bracket

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]]> CRA interest rate on overdue tax to hold steady in Q1 2026 https://www.investmentexecutive.com/news/cra-interest-rate-on-overdue-tax-to-hold-steady-in-q1-2026/ Fri, 31 Oct 2025 20:16:17 +0000 https://www.investmentexecutive.com/?p=524275 Prescribed rate to remain at 3% for third consecutive quarter

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]]> Top tax takes for ‘litmus test budget’ https://www.investmentexecutive.com/news/top-tax-takes-for-litmus-test-budget/ Mon, 20 Oct 2025 15:40:01 +0000 https://www.investmentexecutive.com/?p=523011 Housing and business competitiveness will likely be top priorities

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]]> CRA says bare trusts won’t have to file for 2025 unless legislation is ‘enacted well in advance’ of tax-filing deadline https://www.investmentexecutive.com/news/cra-says-bare-trusts-wont-have-to-file-for-2025-unless-legislation-is-enacted-well-in-advance-of-tax-filing-deadline/ Fri, 17 Oct 2025 20:15:33 +0000 https://www.investmentexecutive.com/?p=522926 Legislative changes aren't yet in a notice of ways and means motion

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