Tax News

Feds boost limit on allowable EAP withdrawals from RESPs

Budget 2023 also proposed changes to allow divorced or separated parents to open joint RESPs

By Rudy Mezzetta |March 28, 2023

2 min read

Feds to overhaul alternative minimum tax in bid to target top earners

The proposed changes take aim at deductions, credits and other tax strategies

By Mark Burgess |March 28, 2023

4 min read

CRA waives penalties for late-filing the underused housing tax return

Affected owners have until Oct. 31 to file or pay before incurring interest and penalties

By Melissa Shin |March 28, 2023

2 min read

Federal budget to increase RESP withdrawal limit: source

Finance Minister Chrystia Freeland has promised targeted inflation relief for low-income Canadians

By Nojoud Al Mallees, The Canadian Press |March 27, 2023

3 min read