The extension comes after the government deferred the effective date of the capital gains inclusion rate hike to Jan. 1, 2026 ...

Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing ...

The two discrete periods seem to be left over from the 2024 federal budget announcement that proposed an increase to the capital gains inclusion rate for gains realized on or after June 25, 2024, of ...

Send your form to the Canada Revenue Agency (CRA ... even before filing your first tax return. However, to keep getting payments, you will need to file your tax return every year, even if you ...

You can’t just claim anything. In preparing to file your income tax return, you will need to provide receipts for proof. Here ...

Tax season in Canada is almost here, and if you're not careful, there are some simple mistakes that could end up costing you money — or even triggering an audit from the Canada Revenue Agency.Whether ...

In Canada, taxpayers can receive tax credits for charitable donations ... by filing your income tax and benefit return and completing the applicable forms. The amount of the benefit varies ...

Holding a REIT in a registered account can make it easier to deal with taxation, as these forms of payments ... the dividend on their income tax return. The Canada Revenue Agency applies a 15. ...

President Donald Trump could sign an order as soon as Wednesday to require that U.S. tariffs on imports match the tax rates ...

Taxpayers claimed $2.08 billion in total home-office expenses in 2023 — a significant year-over-year increase, according to ...

Despite the capital gains inclusion rate being changed as of June 25, 2024, it has since been delayed until 2026 by the Department of Finance Canada ... income on your tax return today.