Notices of Assessment Budget 2021 proposes to amend the Income Tax Act to provide the CRA with the ability to send certain notices of...

Budget 2021 proposes to change the default method of correspondence for businesses that use the CRA’s My Business Account portal to...

Budget 2021 prooses to amend the Income Tax Regulations to allow issuers of T4A (Statement of Pension, Retirement, Annuity and Other...

The Government of Canada has announced its intention to deliver the Climate action incentive (CAI) as a quarterly benefit payment. If you...

You may be eligible to claim a deduction of up to $500 annually for home office expenses in the 2021 tax year using the temporary flat...

The definition of zero-emission vehicle has changed for vehicles acquired after March 1, 2020. A vehicle may still qualify as a...

To support teachers and early childhood educators in Canada, the government proposes to expand and enrich the Eligible Educator School...

You may live in a prescribed zone and be eligible to claim these deductions. To find out, visit Line 25500 - Places located in prescribed...

The income you get from disposing of cryptocurrency may be considered business income or a capital gain. In order to report it correctly,...

Generally, if disposing of cryptocurrency is part of a business, the profits you make on the disposition or sale are considered business...

Cryptocurrencies are commonly acquired in two ways: bought through a cryptocurrency exchange earned through mining Mining involves using...

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Department of Finance Canada The Government of Canada is committed to supporting Canadian workers and businesses through the COVID-19...