Investors have two means to generate tax-free cash flow from investments.
Declaring political contributions
Medical marijuana is now on CRA's list of eligible medical expenses.
New federal trust rules come into effect in January 2016
Claiming the transit tax credit
If you missed last week's CRA roundtable, we've got you covered! Check out CRA's tax and estate planning tips for 2015 and beyond.
How to report support payments
Nearly 60% of Canadians are expecting a tax refund, with almost one out of four planning to use it to pay down debt.
CRA is extending the tax deadline to May 5 because the agency accidentally told some tax preparers the wrong date.
Tell clients not to worry about the possibility of repaying part of their $10,000 TFSA contributions, say industry experts.