Tax Season in Canada | Yahoo Canada

CRA wins against two more taxpayers fighting pandemic aid repayment

Four years after COVID-19, courts continue to hear cases challenging eligibility for CERB and other benefits

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BusinessFinancial Post

Want to appeal a CRA assessment? Better not be one day late, as this taxpayer found out

Jamie Golombek: Best to file CRA appeals within 90 days of the date on your notice of assessment

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BusinessThe Canadian Press

Owe the tax man but can't pay? Ignoring the problem will only make things worse

The tax filing deadline has come and gone, and some Canadians are now facing a significant tax bill. The Canada Revenue Agency is aware people may be struggling financially and might not have the means to pay that bill, said Charles Drouin, a spokesperson for the federal agency. He urges those who find themselves in that position to give the CRA a call. "When you call the CRA, we'll be sensitive to that," he said in an interview. "We'll try to understand what your personal situation is and work

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BusinessFinancial Post

CRA's tax deadline is just days away — and more Canadians are going to miss it

Jaime Golombek has some last-minute tips for the 10 million Canadians who have yet to file

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LifestyleYahoo Finance Canada

Taxes 2024: These are some of the benefits parents may be missing

Experts say there are several benefits and credits parents need to be aware of ahead of the April 30 tax deadline.

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BusinessYahoo Finance Canada

Taxes 2024: With the deadline approaching, be aware of these tax changes

Understanding this year's tax changes will help ensure Canadians make the most of their returns.

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BusinessFinancial Post

Here's what you need to know about the increased capital gains tax

Jamie Golombek: Get ahead of the change by doing some proactive planning

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BusinessYahoo Finance Canada

Taxes 2024: Deductions you don't want to miss that could help you get a bigger return

Experts say there are some lesser-known deductions that Canadians can take advantage of ahead of the April 30 tax deadline.

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BusinessYahoo Finance Canada

Capital gains tax 'last thing the Canadian economy needs,' say business groups

"Such measures would deter investment at a time when we are striving to boost competitiveness and innovation within the industry and across the economy."

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BusinessFinancial Post

Ottawa hikes capital gains tax, amends AMT rules in federal budget 2024

Jamie Golombek: Capital gains tax going up for certain people, trusts and companies

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BusinessThe Canadian Press

Students benefit from filing a tax return even if they don't make a lot of money

Lower income doesn’t mean lower priority when it comes to filing a tax return. Students in particular might skip filing a return if they earned little to no income last year, or are swamped with assignments and exams — but that means missing out on a number of benefits. “For students, for example, filing their return, they can get access to several credits and benefits that are automatically paid just because they filed their return,” said Yannick Lemay, senior tax expert at H&R Block. These inc

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