Unveiling Tax Updates: What's in Store for the 2024 Canadian Tax Season!
As we gear up for the upcoming tax season, it's crucial to be aware of the latest updates for filing your taxes in 2023 and beyond. Here's a comprehensive overview of the significant changes: For Individuals: - Canada Workers Benefit (CWB) Payments: Previously, taxpayers had to apply for CWB payments separately. However, starting in 2023, these payments will be automatically issued to eligible individuals based on their previous year's eligibility status. This streamlines the process, and...
