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U.S. COVID-19 response — new relief for individuals

U.S. COVID-19 response — new relief for individuals

U.S. individuals living in Canada should take steps to determine the effect of new U.S. tax relief.

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U.S. individuals living in Canada should take steps to determine the effect of new U.S. tax relief. These changes, which are part of the United States’ response to the COVID-19 virus, will provide a recovery rebate for eligible U.S. individuals, expand and enhance unemployment insurance, and modify the rules for charitable contributions and retirement funds, among other new measures.

Download this edition of the TaxNewsFlash to learn more.

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