Did you know that Canada Revenue Agency (CRA) will be undergoing a digital migration on the September long weekend, starting Friday August 29 at 8:00 p.m. and ending Tuesday at 6:00 am September 2, with the proviso that this possibly could last til September 3? What could go wrong? Plenty.
Despite an apparent identity theft, a taxpayer was obliged to pay taxes on income he could not prove was over reported. Filed by Greer Jacks, who is researching tax cases EverGreen Explanatory Notes.
The Canada Revenue Agency (CRA) is warning taxpayers that fraudulent emails have been circulating with increasing frequency lately requesting personal information.
Aside from understanding that Canadian residents are taxed on world income in Canadian funds, there are only a few basics you need to know about the marginal tax rate system in Canada.
Tax is a trigger for most clients. It’s complicated, time consuming and requires the meeting of a deadline. It’s also very expensive: it is the family’s largest lifetime expense.