CRA tax tips for the self-employed
Tax may be owed depending on personal circumstances and the type of Covid benefits received.“If you received the CERB or CESB, no tax was withheld when payments were issued, and you may owe tax when filing your 2020 tax return,” the release said.
Original Article Source Credits: Advisor's Edge, https://www.advisor.ca/
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Original Article Posted on : April 7, 2021
Link to Original Article: https://www.advisor.ca/tax/tax-news/cra-tax-tips-for-the-self-employed/