CRA Data Breeches Put Taxpayer Information at Risk

An important deadline is coming up, around the same time that Canadians get ready to file their 2026 tax returns at the start of tax season 2027. Since 2020, more than 42,000 data breaches have occurred at the CRA. A class action lawsuit was launched in 2020 and a $8.76 million settlement was reached.  Eligible Canadians affected by these security incidents can now submit claims through the KPMG Claims Portal until February 3, 2027.  

On January 17, Canada lost a great philosopher and keen observer of Canadian Income Tax System. 

Over the next few weeks I am going to feature some tax tips for you to consider with your clients. 

Wendy Pashulka from Airdrie, Alberta said she would definately recommend the T1 Professional Tax Preparation-Basic course.

With the introduction of online mail for both preparers and clients, sorting out who will get what when can be quite confusing.

Although submission of a TD1 form is not required each year, it’s always a good idea to ensure that your employer is not withholding more taxes than absolutely necessary – after all, it’s your money.

Federal Finance Minister Joe Oliver is seeking input on a number of key issues for the 2015 Economic Action Plan.