«« BACK
Canada Revenue Agency: You Can Avoid Tax on the $14,000 CERB Payments
While the CRA is levying taxes on COVID-19 benefits, it is also increasing tax credits that can help you reduce your tax bill. The key is to understand how and where to apply for the tax credits.
Original Article Source Credits: Yahoo Finance, https://ca.finance.yahoo.com/
Article Written By: Puja Tayal
Original Article Posted on: 11th November 2020
Link to Original Article: https://ca.finance.yahoo.com/news/canada-revenue-agency-avoid-tax-140202838.html
Categories
RECENT POSTS
- » The Basics of Financial Statement Preparation: A Step-by-Step Guide
- » Strategic Estate Tax Planning: Minimizing Tax Liability for Your Heirs
- » Smooth Transitions: Key Steps in Business Succession Planning
- » Solving Common Problems That Most Small Businesses Face
- » Season’s Greetings From Saklas & Co., CPAs
- » Tips To Get The Most Out Of Your Tax Return
- » TFSA Users: You Could Pay 15% Tax on Dividends With 1 Costly Mistake
- » Tax-Saving Tips For Canadian Taxpayers