Tax season 2018 is in full swing and there are lots of tax changes to be aware of for your 2017 return. Make sure to pay attention to these new rules, which can save you time, money and headaches down the line, if your return is audited by the CRA.
1. New Principal Residence rules
The sale of a principal residence may be tax exempt, unless another principal residence was owned in the same period. In those cases, you must decide which property will be the exempt one and...