Governments leverage the Income Tax Act to collect taxes and promote social policy. The tax deduction for political contributions is a clear example of the ITA's role in shaping behaviour. With federal parties intensifying their fundraising efforts, I have prepared the following bullet-points to assist you when making political contributions in 2024.

As an employer, you might be interested in a new CRA administrative policy announced recently but took effect on January 1, 2022.

Original Article Source Credits:   CPA  , https://www.cpacanada.ca/

Article Written By:  ANNA SHARRATT 

Original Article Posted on:  APRIL 13, 2022

Link to Original Article:  https://www.cpacanada.ca/en/business-and-accounting-resources/taxation/blog/2022/october/new-rules-for-trust-reporting-are-coming?sc_camp=3AE73D60DD5B48088A10587D65C85B3D

Original Article Source Credits:   MoneySense , https://www.moneysense.ca/

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Original Article Posted on:  APRIL 13, 2022

Link to Original Article:  https://www.moneysense.ca/save/taxes/self-employed-heres-how-to-file-taxes-for-a-side-hustle/

Original Article Source Credits:   Moneysense , https://www.moneysense.ca/

Article Written By:  TAMAR SATOV 

Original Article Posted on:  MARCH 29, 2022

Link to Original Article:  https://www.moneysense.ca/save/investing/crypto/what-you-should-know-about-cryptocurrency-tax-in-canada/

Original Article Source Credits:   Moneysense , https://www.moneysense.ca/

Article Written By:  JASON HEATH 

Original Article Posted on:   APRIL 25, 2022

Link to Original Article:  https://www.moneysense.ca/columns/ask-a-planner/how-do-quarterly-income-tax-installments-work/

Original Article Source Credits:   The Balance Small Business , https://www.thebalancesmb.com/

Article Written By: Susan Ward

Original Article Posted on:   March 21, 2022

Link to Original Article:  https://www.thebalancesmb.com/expenses-on-canada-income-tax-2948625

Original Article Source Credits:   Money Sense , https://www.moneysense.ca/

Article Written By:  JASON HEATH

Original Article Posted on:  MARCH 18, 2022

Link to Original Article:  https://www.moneysense.ca/save/taxes/capital-gains-when-selling-property-to-family/

Original Article Source Credits:  Advisors , https://www.advisor.ca/ 

Article Written By:  Curtis Davis

Original Article Posted on:  March 14, 2022

Link to Original Article:  https://www.advisor.ca/magazine-archives_/advisors-edge_/spousal-rrsps-what-you-need-to-know/

Original Article Source Credits:   Advisor , https://www.advisor.ca/

Article Written By:  NA

Original Article Posted on:  March 24, 2022

Link to Original Article:  https://www.advisor.ca/tax/tax-news/tax-reminders-for-clients-who-bought-renovated-or-sold-homes-in-2021/

Original Article Source Credits: Government of Canada, https://www.canada.ca

Article Written By: NA

Original Article Posted on: NA

Link to Original Article: https://www.canada.ca/en/financial-consumer-agency/services/financial-toolkit/financial-planning/financial-planning-4/4.html

Original Article Source Credits: CISION, https://www.newswire.ca

Article Written By: NA

Original Article Posted on: March 7, 2022

Link to Original Article: https://www.newswire.ca/news-releases/tax-tip-small-and-medium-business-audits-what-you-need-to-know-811664922.html

Original Article Source Credits: the balance small business, https://www.thebalancesmb.com

Article Written By: Susan Ward

Original Article Posted on: January 28, 2020

Link to Original Article: https://www.thebalancesmb.com/strategies-to-reduce-small-business-income-tax-canada-2947304

Original Article Source Credits: CISION, https://www.newswire.ca

Article Written By: NA

Original Article Posted on: Mar 08, 2022

Link to Original Article: https://www.newswire.ca/news-releases/tax-tip-new-to-canada-and-new-to-doing-your-taxes--824562986.html

Original Article Source Credits:  Government Of Canada , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:  February 10, 2022

Link to Original Article:  https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-tips-2022/what-you-need-to-know-for-2022-tax-filing-season.html

Original Article Source Credits: TaxTips.ca, https://www.taxtips.ca

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Link to Original Article: https://www.taxtips.ca/smallbusiness/books-and-records-retention.htm

Original Article Source Credits: MoneySense, https://www.moneysense.ca

Article Written By: NA

Original Article Posted on: NA

Link to Original Article: https://www.moneysense.ca/save/investing/rrsp/how-do-the-rrsp-contribution-carry-forward-rules-work

Original Article Source Credits: Financial Post, https://financialpost.com 

Article Written By: Jamie Golombek

Original Article Posted on: Jul 08, 2021

Link to Original Article: https://financialpost.com/personal-finance/taxes/everything-you-need-to-know-about-claiming-covid-19-costs-on-your-taxes

Original Article Source Credits: CPA, https://www.cpacanada.ca

Article Written By: DENISE DEVEAU

Original Article Posted on: 11.30.2021 

Link to Original Article: https://www.cpacanada.ca/en/news/canada/2021-11-30-crypto-investing

Original Article Source Credits: ADVISOR'S EDGE, https://www.advisor.ca

Article Written By: Melissa Shin

Original Article Posted on: December 14, 2021

Link to Original Article: https://www.advisor.ca/tax/tax-news/finance-tables-legislation-for-underused-housing-tax