With more Canadians working from home and engaging in freelance or contract work, the government has had to update legislation and implement effective tax measures.

Understanding what AMT is and how it affects your tax planning is crucial, especially with these upcoming changes.

By taking proactive steps to spread the workload throughout the year, accountants can reduce the burden and avoid burnout.

To help navigate these challenges, we’ve outlined some key tax deductions to keep in mind as you go through your annual tax cycle.