Some quick points to consider…
– Taxpayers can register for the CRA’s My Account and get immediate access rather than waiting for a security code by mail.
– A portion of the federal carbon tax will be returned to Canadian-controlled private corporations (CCPCs) with fewer than 500 employees who file their 2023 tax return by July 15, 2024. The automatic rebate, based on the number of employees, will be paid to CCPCs in AB, SK, MB, ON, NB, NS, PEI and NL without needing an application.
– Depositing a cryptocurrency with a trading platform could constitute a disposition resulting in a taxable event.

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