Canada Revenue Agency

Will Your Tax Return Be Paper Or Electronic?

David Martin | Posted 04.10.2017 | Canada Business
David Martin

I'm no friend of the Canada Revenue Agency but it's not for the reason you might think. After all, for fifty years I have faithfully filed an annual income tax return and paid whatever I owed. Although I'm not thrilled about paying taxes, I do so willingly, recognizing that it is my patriotic duty to contribute to the commonwealth.

6 Ways The New Federal Budget Can Affect Your 2017 Tax Return

H&R Block Canada | Posted 04.07.2017 | Canada Business
H&R Block Canada

In March, the Liberal government announced the federal budget for 2017-2018. Although there were relatively few tax measures mentioned on March 22, it's important to know what these changes are and what the implications will be for you and your family in the coming years.

Culling Cannabis Dispensaries Exposes Trudeau's Hypocrisy

Marc Davis | Posted 03.17.2017 | Canada Politics
Marc Davis

Here's my take: dispensary owners have tirelessly fought for many years for more liberalized cannabis laws. They've even racked up hefty legal bills while pleading their case to the highest court in the land. Ultimately, they've helped pave the way for the mainstreaming of medical marijuana, which has mainly benefitted "Big Business", a.k.a. LPs. So dispensaries also deserve to be accommodated when legalization finally arrives -- but with conditions.

CRA Website Back Online After Shutdown Due To Threat

CP | The Canadian Press | Posted 03.13.2017 | Canada Business

You can file your tax returns once more.

CRA Takes Online Tax Services Down Indefinitely Amid Hacking Threat

CP | The Canadian Press | Posted 03.13.2017 | Canada Business

Services were taken down as a precaution, not because of a successful hack.

Canadians Deserve To Know Why KPMG Tax Dodgers Were Let Off Easy

Dennis Howlett | Posted 03.10.2017 | Canada Business
Dennis Howlett

It is outrageous enough that wealthy clients got off with a slight reprimand. KPMG has, so far, paid no price for their role. The committee let Canadians down by not recommending a full investigation into this case and laying charges against KPMG if the evidence warrants it. And Canadians are right to keep demanding one.

Liberals Write Off $178 Million In Student Debt

CP | The Canadian Press | Posted 02.15.2017 | Canada Business

Federal officials are increasing their efforts to collect outstanding student debt.

Alberta Couple Who Believe Taxes Are A Form Of Slavery Fined $500K

The Huffington Post Canada | Emma Prestwich | Posted 01.24.2017 | Canada Business

The couple belonged to a group that counselled them to avoid taxes.

Canada's Taxman Costing Government, Citizens Millions: AG

CP | Jordan Press, The Canadian Press | Posted 11.29.2016 | Canada Politics

Canada Revenue Agency taking too long to resolve disputes.

What Selling Your House Can Mean For Your Next Tax Return

Caroline Battista | Posted 11.28.2016 | Canada Business
Caroline Battista

You sold your house, you survived the move and your boxes are all unpacked -- great job! That can be quite an undertaking, I know. But the work isn't quite done yet. Recently, the government announced important changes that will add an extra step to selling your home -- reporting it.

CRA Investigating Dozens Of Canadians Over Panama Papers Tax Fraud

The Huffington Post Canada | Daniel Tencer | Posted 11.14.2016 | Canada Business

Criminal investigations are "ongoing," CRA says.

CRA Recovers $240M From Real Estate Crackdown In B.C. And Ontario

The Huffington Post Canada | Jesse Ferreras | Posted 10.20.2016 | Canada Business

Hoo, boy.

Canada Has A Two-Tier Tax System And CRA Is Part Of The Problem

Guy Caron | Posted 09.20.2016 | Canada Politics
Guy Caron

In regards to tax evasion and aggressive tax avoidance, the Canada Revenue Agency (CRA) should be part of the solution. At the moment, it rather seems to be part of the problem. Over the last few years, we have seen that the CRA institutionalized various practices, eroding the trust that Canadians place in it.

Disability Credits And Grants: A Financial Boost And Peace-Of-Mind

Cairine Wilson, CPA Canada | Posted 09.01.2016 | Canada Business
Cairine Wilson, CPA Canada

Financial knowledge is at the heart of stretching our dollars. For those with a severe and prolonged disability, saving money can be particularly challenging, given the expenses that often accompany disabilities and, in some cases, the difficulties getting or holding a job. And if you are tending to a loved one with a disability, extra costs likely are involved.

Revenue Agency Scam Fools Several Saskatchewan Victims

CP | The Canadian Press | Posted 07.19.2016 | Canada Business

Victims have reported almost $70,000 in losses since the start of 2016.

CRA Plans ‘Secret Tax Crackdown' On B.C. Real Estate

The Huffington Post Canada | Daniel Tencer | Posted 07.14.2016 | Canada Business

50 auditors are about to descend on Vancouver's housing market.

Canada Post Issues Lockout Notice To Union

CP | The Canadian Press | Posted 07.05.2016 | Canada Business

Canada Post said it plans to suspend the collective agreement as of Friday.

Emma Paling

Here's What Canada Could Fix If Mining Company Coughs Up $2.1 Billion

HuffingtonPost.com | Emma Paling | Posted 06.24.2016 | Canada Business

If found guilty, it would be the largest tax evasion scam in Canadian history.

Cash Incentive Could Do Wonders For Canada's Voter Turnout

David Martin | Posted 06.29.2016 | Canada Politics
David Martin

The perennial issue of compulsory voting has once again raised its ugly head. The Australian approach involves the use of a stick in the form of public shaming and a $20 fine. Instead of employing a stick, I recommend that we use a carrot in the form of a positive incentive to vote. Why not give them $20 to vote?

Mentally Ill Deserve Fair Access To Disability Tax Credits

Marvin Ross | Posted 05.24.2016 | Canada
Marvin Ross

According to advocate Lembi Buchanan of Victoria, "It has become virtually impossible for the majority of people living with severe psychiatric illnesses to access the DTC without appealing to the Tax Court of Canada."

Ottawa To Make It Easier To Change SIN Sex Designation

CP | The Canadian Press | Posted 05.18.2016 | Canada Politics

A spokesman said the department doesn't know how many people ask for a change in the sex designation annually.

Handling Foreign-Based Estate Assets

Suzana Popovic-Montag | Posted 05.16.2016 | Canada Business
Suzana Popovic-Montag

As more Canadians are choosing to spend greater time abroad, it has become increasingly common for estates to include foreign-based assets upon death. From an estate law perspective, foreign-based assets can give rise to estate administration issues that are best addressed as part of an estate plan created in consultation with professional advisors.

Feds Halt Sale Of Conrad Black's Mansion Over Unpaid Taxes

The Huffington Post Canada | Daniel Tencer | Posted 06.03.2016 | Canada Business

Lord Conrad Black can't seem to stop running headfirst into the law.

Fake Tax Scam Dupes Woman Out Of $8,000

The Huffington Post Canada | Emma Paling | Posted 05.01.2016 | Canada British Columbia

Police in Ontario are warning residents about the same scam.

CRA Accused Of Mailing SIN Numbers To Wrong People -- Twice

CP | Jim Bronskill, The Canadian Press | Posted 04.26.2017 | Canada Business

"I think what's really disturbing is, when it comes to data breaches, CRA is a repeat offender."