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Updated Income Tax Estimator Deals with Canada Recovery Benefit (CRB) Clawback
When the new Canada Recovery Benefits become available later this month, it will come with a cost. If the recipient’s net income for the year from other sources exceeds $38,000, they will be required to repay 50% of the lesser of the CRB received and their net income in excess of $38,000.
Financial and insurance advisors, lawyers, accountants, bookkeepers, tax practitioners and gift planners…
Financial and insurance advisors, lawyers, accountants, bookkeepers, tax practitioners and gift planners…
