December 9, 2022
Tax Changes 2022
Discover key tax changes for 2022 in Canada, including updates on COVID-19 benefit repayments, GST credits, personal amounts, tax brackets, and new federal and provincial tax credits.
Articles from 2022, page 1 of 2
December 9, 2022
Significant Changes to Representative Authorization Request
Learn about the significant changes to the CRA Representative Authorization process, including the new Confirm My Representative service and 2-step verification for individuals and business owners.
November 25, 2022
Canada Emergency Response Benefit (CERB) Repayment
Learn about the Canada Emergency Response Benefit (CERB) repayment process, including options for deducting repayments in past years and avoiding CRA penalties.
November 25, 2022
Small Businesses Air Quality Improvement Tax Credit
Learn about the Air Quality Improvement Tax Credit for small businesses in Canada. This temporary refundable credit supports investments in HVAC and HEPA systems, promoting better indoor air quality.
November 25, 2022
Ontario Staycation Tax Credit
Explore the Ontario Staycation Tax Credit for 2022, designed to support tourism recovery. Eligible Ontario residents can claim 20% of accommodation expenses for short-term leisure stays.
November 12, 2022
Old Age Security Return of Income (OASRI)
Non-resident Canadians receiving Old Age Security (OAS) must file an OAS Return of Income (OASRI) annually. Learn about the recovery tax, filing deadlines, and country-specific requirements.
November 12, 2022
Underused Housing Tax (UHT) For Foreign Owners Of Canadian Real Estate
Learn about Canada's Underused Housing Tax (UHT) for foreign owners of residential real estate, including who is subject to the tax, filing requirements, and exemptions.
November 12, 2022
Tax-Free First Home Savings Account (FHSA)
Learn about the Tax-Free First Home Savings Account (FHSA), a new initiative allowing Canadians to save up to $40,000 tax-free for a first home. Understand the contribution limits, eligibility, and rules for withdrawals.
November 12, 2022
Digital Disability Tax Credit(DTC)
Learn about the Digital Disability Tax Credit (DTC) application process, eligibility criteria, and benefits. Find out how individuals with impairments can apply for DTC online to receive tax relief for disabilities.
October 31, 2022
The Canada Dental Benefit
Explore the Canada Dental Benefit, designed to help uninsured children under 12 with family incomes under $90,000 access dental care. Learn about eligibility and payment details for this new dental care program.
October 31, 2022
One Time Canada Housing Benefit Program
Discover the One-Time Canada Housing Benefit Program offering $500 to low-income renters facing rising rent costs in 2022. Learn about eligibility criteria and how to apply for this support.
October 31, 2022
Doubling of GST Credit for Six Months
Learn about the Government of Canada's proposal to double the GST Credit for low-income families for an additional six months in 2022-2023. Find out how this plan helps reduce financial stress amid rising inflation.
October 26, 2022
Two-step Representative Authorization Process for Business Clients
Learn about the CRA's new two-step representative authorization process for business clients, launched in 2022. Understand the changes and how it impacts tax accountants and business owners.
October 26, 2022
Donation of Shares
Learn about donating publicly traded and non-publicly traded shares to charity in Canada, including tax benefits, how the CRA values shares, and capital gains exclusions.
September 29, 2022
E-Payment : Request for Payment Procedures
Learn how to request payments from clients using Stripe™ on TaxTron™ Pro, with step-by-step instructions for creating invoices, sending payment requests, and tracking transaction status.
September 29, 2022
E-Signature Solution By TaxTron™
Streamline client tax filing with TaxTron™'s integrated e-signature solution for remote signatures on T1, T2, and T3 forms. Learn how to send and track digital signatures for efficient filing.
September 29, 2022
Stripe™ Registration Procedures For TaxTron™ Pro Products
Follow these step-by-step instructions to register your Stripe™ account through TaxTron Pro Products, and start accepting payments from clients securely.
September 20, 2022
What to do and not to do when you are being audited by the CRA?
Learn how to handle a CRA audit effectively. Follow these dos and don'ts, including preparing relevant documents, responding promptly, and avoiding unnecessary delays. Stay organized and calm during an audit process.