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This year, the stakes are high for both taxpayers and the Canada Revenue Agency. Two years ago, complex new regulations on trusts and vacant homes caused so much confusion that many of the rules had to be suspended, rewritten or scrapped.
And last year, chaos followed the Trudeau government’s 11th-hour reversal on the capital-gains tax hike, along with technical issues that resulted in missing tax slips for many people.
Analysis: This will be a make-or-break tax season for the Canada Revenue Agency
Personal finance reporter Erica Alini, Globe advisor reporter Rudy Mezzetta and Aviso Wealth tax and estate specialist Doug Carroll answered reader questions on what you need to know to get ahead of this year’s tax season, any changes since last year and some tips to save money.
