Preparing Your Income Tax Returns - AnswerConnect

Format: Online Book
Product ID: 000000000010096060
File your returns with accuracy by staying up-to-date on recent tax changes with the most current tax preparation guide. Critically-acclaimed by tax professionals, Preparing Your Income Tax Returns is updated annually and provides the most comprehensive coverage and in-depth analysis of the rules for personal tax returns available.
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Take advantage of the functionality and ease of online reading and keyword research. Browse the content with speed & simplicity! The legislation, case law and government documentation cited, including technical interpretations, are available at the tips of your fingers. 

File your returns with accuracy by staying up-to-date on recent tax changes with the most current tax preparation guide. Critically-acclaimed by tax professionals, Preparing Your Income Tax Returns is updated annually and provides the most comprehensive coverage and in-depth analysis of the rules for personal tax returns available.

Features & Coverage:
Why do tax professionals across Canada come back to Wolters Kluwer year-after-year? It's simple! 

  • We provide the most comprehensive tax resource available anywhere;
  • Federal and provincial income and capital taxes are exhaustively detailed;
  • Descriptions of forms and analysis of necessary information are organized by topic;
  • Preparing Your Income Tax Returns will give you the professional expertise, confidence, and time-saving efficiency you need to deliver your best returns.

The 2025 edition for 2024 returns contains newly updated content reflecting tax measures from the federal and provincial budgets, federal bills C-59 and C-69, and proposed legislation from August 12, 2024. 

What's New in the 2025 Edition:
Notable tax measures new to this edition include (but are not limited to) the following:

  • The increase to the capital gains inclusion rate including numerous consequential changes;
  • The Canadian Entrepreneurs’ Incentive;
  • Capital gains exemptions for share transfers to employee ownership trusts and workers’ cooperatives;
  • Accelerated capital cost allowance for productivity-enhancing assets and purpose-built rental housing;
  • Changes to the disability supports deduction;
  • Changes to registered education savings plans;
  • Technical changes to alternative minimum tax (AMT);
  • And many more technical changes.

Also new in this edition are references to changes to the CRA’s filing procedures and many new tax forms. 

More Information
Contributors Wolters Kluwer Tax Law Editors
Product Type CCH AnswerConnect
Format Online Book
Subject Area Personal Tax