Setalus Tax & Accounting Pro.

https://www.msn.com/en-ca/money/topstories/15-subtle-ways-the-cra-is-cracking-down-on-work-from-anywhere-canadians/ss-AA1VgtQv?ocid=socialshare =1

15 subtle ways the CRA is cracking down on work from anywhere Canadians More Canadians are working remotely, traveling, or freelancing while maintaining Canadian residency. These “work from anywhere” arrangements offer flexibility and

Get ready to get back what's yours! We’re gearing up for the 2025 tax season starting February 23rd. Let’s make sure you get the maximum refund for your 2025 hard work. Call 587-999-8786 or Click Here to book your session! [email protected]/s/JnGJWoQM-kOVeZ9Jr96x7Q2" rel="ugc" target="_blank">https://outlook.office.com/book/[email protected]/s/JnGJWoQM-kOVeZ9Jr96x7Q2

For our Corporate Clients:
Canadian Carbon Tax Rebate for Businesses

The Canadian carbon tax rebate provides financial relief to eligible Canadian-Controlled Private Corporations (CCPCs) to offset costs from the federal fuel charge.

Key Details:
Eligibility: CCPCs with 499 or fewer employees nationwide, employing at least one person in a designated province during the fuel charge year. Sole proprietorships and partnerships are ineligible.
Filing Deadline: Corporate tax returns (T2) for the 2023 tax year must be filed by December 31, 2024, pending legislative approval.
Calculation: Based on the number of employees (via T4 slips). High turnover may affect eligibility. Subsidiaries of larger companies may qualify independently if they meet the criteria.
BC and Quebec: Businesses in these provinces may still qualify despite provincial carbon pricing systems.
Payment Method: Automatic deposits or cheques by the year-end, based on CRA records.

Important dates for saving taxes 2024
RRSP- March 3rd 2025
The contribution deadline is March 3rd, 2025. If you make contributions after this date, you will have to claim them as deductions on your 2025 tax return
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FHSA- Dec 31st 2024
The deadline to contribute to a First Home Savings Account (FHSA) for 2024 is December 31, 2024