CRA Updates Jason Smith CRA Updates Jason Smith

Tax season starts on February 24! Here’s what you need to start filing

Tax season starts next week! When the calendar flips to February 24, 2025, you will be able to file your income tax and benefit return online. With the right preparation, filing your tax return can be a smooth and stress-free experience.

The Canada Revenue Agency (CRA) is here to help you file with confidence. When you file, you could be eligible to receive a refund or benefit and credit payments that put money in your pocket.

Read More
CRA Updates Jason Smith CRA Updates Jason Smith

What you need to know for the 2025 tax-filing season

Tax season is almost here! Whether you’re a seasoned filer or it’s your first time, having the essential information can save you time and stress. It could even put more money in your pocket.

To help you, we’ve put together the key facts of what you need to know for this tax-filing season. This includes what’s new with our digital services and on the income tax and benefit return. 

Read More
CRA Updates Jason Smith CRA Updates Jason Smith

Don’t miss out on tax benefits for northern residents

If you lived in a northern or remote area for six months or more in 2024, you may qualify for the northern residents deductions. These deductions recognize the unique challenges northern residents face, such as higher living costs and limited access to services.

The deductions include a residency deduction and a travel deduction. These can provide relief for both your daily living expenses and eligible travel. If you are eligible, these deductions will reduce your taxable income.

Read More