Tax reform could mean easier access to benefits, provide a boost to productivity
Agency says it won’t apply gross negligence penalties for non-filing of 2023 bare trust returns except in “egregious cases”
Deadline for filing underused housing tax return for 2022 and 2023 is April 30
The federal government will table the budget on April 16. Meanwhile, key tax issues, such as the AMT, have yet to be resolved
Move is the latest in a series of campaigns aimed at high-wealth individuals
CRA has indicated that employees who worked from home in 2023 by choice can claim employment expenses
Employees need the form to claim home-office expenses this tax filing season
Eight provinces have top combined tax rates exceeding 50%
Decline in real income followed four quarters of growth
A late payment will thwart the income-splitting opportunity associated with the strategy