Tax Tips & Traps – 4th Quarter 2025 – Issue 152

Highlights In This Issue:

  • Voluntary Disclosures: Changes to the Program
  • TFSA Excess Contributions: Decline in Value
  • Commissioned Employee Clothing Purchases: Deductible?
  • Child/Spousal Support Amounts: Changing the Agreement
  • Moving Expenses: Travel Distance
  • Postal Strike: Impact on Government Activities
  • CRA Direct Deposit Information: Changing Information
  • Automatic Change to Electronic Mail for Some Individuals: Caution!

Tax Tips and Traps 152, 2025 – 4th Quarter