Seniors Targeted? The Tax Audits Begin
The Canada Revenue Agency (CRA) routinely reviews or audits tax filings, including personal, trust, corporate, and HST returns. The most common types of reviews that focus on personal tax returns include, but are not limited to, Pre-Assessment Reviews, Processing Reviews, and the Matching Program. This year there is a new focus: the Multigenerational Home Renovation Tax Credit introduced to help families better care for their elders. But claiming it, like other tax benefits, comes with a tax snare. Read on to learn more.CRA Issues Fraud Alert
The Canada Revenue Agency (CRA) is warning taxpayers that fraudulent emails have been circulating with increasing frequency lately requesting personal information.
Rethinking Housing Booms and Busts
Will Canada suffer a housing bubble? Will debt crush the mortgage-strapped in the case of global economic change?
Evelyn Jacks: The Basics—What You Need to Know About How Income is Taxed
Why Tax Strategies are So Important in Wealth Advisory Practices
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.
T2 Tax Guide Now Available
The Canadian Revenue Agency (CRA) has published its T2 Tax Guide on its website.
Where are T7DR(A) Tax Remittance Forms?
No paper means no tax remittance forms...
