Tax experts suggest erring on the side of caution
Eight provinces have top combined tax rates exceeding 50%
Agency releases guidance on home office expenses for 2023
Prescribed rate for the second quarter of this year to match first quarter rate
Edmonton-based firm looks to draw business-owner clients from the big banks
A late payment will thwart the income-splitting opportunity associated with the strategy
The CRA is no longer offering the flat-rate method to claim employment expenses for 2023
Proposed exemption from filing the underused housing tax return would only apply for 2023 onward, not 2022
Tax on share buybacks, employee ownership trusts and new family biz transfer rules became effective New Year's Day
Fewer than 2% of UHT returns have involved tax owing