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Keyword: income tax

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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

CRA signage

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

Rule change

Deduction limits have increased in recent years in response to inflation

United States flag with Bitcoin cryptocurrency

Texas man gets two years for failing to report capital gains on crypto trades

CRA signage

Agency confirms the interest rate Canadians must pay on overdue tax will drop to 8%

Exterior of CRA headquarters building

Updated tax forms to be available Jan. 31, CRA says