Staying ahead of tax season requires more than just filing on time, it requires staying informed. At Forbes Andersen, we believe in helping our clients stay proactive, not reactive. That’s why we’ve compiled the most important updates and insights from our Q2 2025 edition of Tax Tips & Traps. From CRA processing delays and charitable donation opportunities to the capital gains deadline and upcoming government benefits, this issue outlines the key items individuals and businesses should keep top of mind this quarter.
CRA delays could cause missing slips on your return
→ Learn how delayed slips can lead to accidental omissions, and the risk of refiling later.
The capital gains deadline is closer than you think
→ The June 2, 2025, cut-off is critical for anyone triggering capital gains this year.
Claim a spouse’s past donation, even from before you married
→ Yes, it’s possible. We explain when and how.
CRA confirms scam losses aren’t deductible
→ But they do clarify what counts as legitimate investment fraud.
A new $2,400 disability benefit is coming
→ Learn what to expect and how to prepare if it applies to you or your family.
Business or rental losses?
→ We share what CRA expects in terms of documentation, — and how to prepare it properly.
For the full breakdown and expert insights, download the complete PDF here:
Download the Q2 2025 Tax Tips & Traps PDF
