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Keyword: income tax

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Some employees may have larger deductions using detailed method relative to temporary flat-rate method

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CRA is “trying to have it both ways,” legal counsel says

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

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Finance releases draft legislation, adds to tax-filing uncertainty

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Non-compliance results in denial of expense deductions, raising taxable income

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Here's a cheat sheet of helpful credits, benefits, deductions and expenses

  • By: IE Staff
  • January 21, 2025 January 22, 2025
  • 16:16
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Why clients must avoid late payment, consider current loan structure

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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

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