April 20, 2022
Articles from 2022, page 2 of 2
April 9, 2022
Major Enhancements to T3 E-File trust return processes
Discover major enhancements to the T3 e-filing process with the CRA, including expanded electronic filing and new transparency measures for trust returns. Learn about the impact on tax preparers and penalties for non-compliance.
April 4, 2022
Tax-Free First Home Savings Account and Housing Measures
Explore the new Tax-Free First Home Savings Account (TFFHSA) introduced in Budget 2022 to help Canadians save for their first home. Learn about changes to the First-Time Home Buyers' Tax Credit, property flipping rules, and foreign ownership restrictions.
March 3, 2022
Covid Home office Expenses
Learn about the simplified and detailed methods for claiming home office expenses due to COVID-19. Discover how to calculate your claim with the $2 per day simplified method or the actual expense method using forms T777S, T777, and T2200S.
March 3, 2022
Medical Expenses
Learn about the tax credit for qualifying medical expenses, including costs for dental, prescriptions, health insurance, and more. Discover the rules, documentation, and eligibility for claiming medical expenses for dependents.
March 3, 2022
Benefits of filing taxes for students
Discover the benefits of filing taxes for students in Canada. Learn about education-related credits, GST, climate incentive payments, and provincial benefits available to post-secondary students.
January 21, 2022
Time to say goodbye to Paper Notice of Assessment
Say goodbye to paper Notices of Assessment. Starting July 2022, CRA will switch to electronic delivery of Notices of Assessment (NOA) through My Account or NETFILE software. Learn how to access your NOA digitally.