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Myanmar Earthquake: Death Toll Climbs to 3,145 Amid Ongoing Rescue Efforts

The devastating earthquake that struck Myanmar nearly a week ago has claimed at least 3,145 lives, with search and rescue teams continuing to recover bodies from the rubble. The 7.7 magnitude quake, which had its epicenter near Mandalay, Myanmar's second-largest city, caused widespread destruction, including collapsed buildings, damaged roads, and destroyed bridges.  Humanitarian aid groups are working tirelessly to provide survivors with medical care and shelter, as thousands remain homeless and vulnerable to disease outbreaks. The United Nations estimates that over 17 million people have been affected by the disaster, with more than 9 million severely impacted.  In response to the crisis, Myanmar's military government has declared a temporary ceasefire to facilitate relief efforts. However, ongoing challenges, including communication blackouts and difficult-to-reach areas, have hindered the full assessment of the disaster's impact.  The coming days will be critical in d...
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Taxes 2024: Navigating Home Office Expenses


If you spent most of last year working from home, you could be eligible for a tax deduction. However, the process for filing home office expenses in 2023 is more intricate compared to previous years. Let’s break it down:

  • To claim home office expenses, you must be required to work from home by your employer.
  • The requirement doesn’t have to be explicitly stated in your employment contract; it can be a written or verbal agreement.
  • Even if you voluntarily agreed to work from home, you’re still considered required to do so by the Canada Revenue Agency (CRA).

You can qualify to deduct home office expenses if:

  • You use your home office for more than 50% of a time period, continuously for at least four consecutive weeks.
  • You use your workspace for employment income, regularly and continually for in-person meetings with clients, customers, or other people while working.

The Process

  • The temporary flat-rate method introduced during the pandemic is no longer in place.
  • You’ll need to spend more time collecting information and receipts to claim expenses.
  • Form T777 is used to claim home office expenses.
  • Remember, the process is “more onerous” this year due to changes from the CRA.

While it might require extra effort, properly claiming home office expenses ensures you receive the tax benefits you’re entitled to. So gather those receipts, calculate your expenses, and make the most of your work-from-home situation.

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