Top 10 tax stories from 2020

Tax planning gets complicated in a pandemic, and there’s a lot to think about heading into 2021.

From unprecedented government benefits to proposals on how to pay for the massive spending, there was no shortage of tax news this year. Here are some of our most-read tax stories that you’ll want to review in 2021.

Experts weigh in on where Freeland will lead tax policy

CRA provides new rules for claiming home office expenses

https://www.advisor.ca/tax/tax-news/essential-tax-numbers-updated-for-2021/

https://www.advisor.ca/news/economic/understanding-cerb-ei-and-the-feds-wage-subsidy/

Government help for business owners during Covid-19: a summary

Employee stock option changes to take effect July 1

Ontario proposes seniors’ renovation tax credit

CRA to withhold tax from new Covid-19 benefits

CEWS audit requests ‘daunting,’ say tax pros

Ending RRIF withdrawal rules would cost $1B, PBO says

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.