What's New for Your 2022 Tax Return

20/04/2023 32 min Temporada 1 Episodio 15
What's New for Your 2022 Tax Return

Listen "What's New for Your 2022 Tax Return"

Episode Synopsis

What's new for your 2022 tax return? In my latest podcast episode I'm going to give you insight into what's happening in the Canadian tax world. Get the inside scoop on the "new" items from CRA and those being discontinued. If you haven't done your taxes yet or you're thinking ahead to next year, find out how to get the best tax refund. In this podcast episode you will learn: How today's high inflation affects your taxes. How the work from home (WFH) trend affects tax returns. How to save tax on Covid-19 benefits you had to repay. New tax credits & deductions this year. What deductions & credits are discontinued in 2023? What's the difference between a tax deduction and a tax credit? How to estimate your tax refund from a deduction or credit. How to avoid CRA scams. Effective use of the FHSA - the "Renter's RRSP" coming in 2023. Why are Ed's clients getting such huge tax refunds this year?  

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