Can You Deduct Spousal Support on Your Taxes? CRA Says No in This $33,000 Case
If you’re separating or divorcing and setting up support payments, one overlooked detail could cost you thousands in tax deductions. Let’s break down a recent case where the Canada Revenue Agency (CRA) denied a taxpayer a $33,000 deduction—and why wording in your agreement matters more than you think. Canada Revenue Agency (CRA) taxpayer a $33,000 … Read more