Crypto-assets are digital assets that exist on a cryptographically secured distributed ledger. There are many types of crypto-assets, the most common being cryptocurrencies, such as Bitcoin, Ethereum and Tether. Transactions related to crypto-assets often have tax...
Whether the earnings you make from online platforms is your main source of income, or a small part of it, you are considered to be a platform economy participant. When it’s time to file your taxes, you must report all sources of your income, including gifts and...
Did you know that the reporting requirements for trusts have changed? Affected trusts are required to file an annual T3 Trust income tax and information return (T3 return), including a Schedule 15 (Beneficial Ownership Information of a Trust), if applicable, with the...
In Canada, individuals and families can receive benefit and credit payments to help with the cost of living and raising a family. Depending on your income and family situation, you could receive these payments even if you just arrived in Canada. Once you’ve...
Filing your tax return is nothing new. This year’s theme is life events: we know there are a lot of little moments that can add up to big changes in life. To help you report important life changes for tax season, the Canada Revenue Agency (CRA) has some useful tips...
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