Ten tips if you opened a First Home Savings Account in 2023
Did you open a First Home Savings Account (FHSA) in 2023? If so, you need to be aware of this important information. Learn More
CRA Tax Tips
Getting ready to file your taxes by paper? Here’s what you need to know!
We get it – people have different preferences when it comes to filing their tax returns. But no matter how you decide to file, the Canada Revenue Agency (CRA) is committed to making sure you get any refund, benefit, or credit payments that you may be eligible for! Learn More
Not today, scammer! Find out if it’s really the CRA contacting you
Are you receiving emails insisting you click on a link? Text messages promising a benefit payment or refund? Phone calls threatening to send the police if you don’t pay up? Not only are all of these really annoying, they are all signs of scams! Scammers continue to pose as the Canada Revenue Agency (CRA) and …
Not today, scammer! Find out if it’s really the CRA contacting you Read More »
Get a head start on your taxes by using the CRA’s digital services
It’s almost that time of year again: tax season. Many of us put off filing our income tax and benefit returns until the last minute or avoid filing altogether. By not filing, you might be missing out on certain benefit and credit payments, or a potential refund. The Canada Revenue Agency (CRA) is here to help …
Get a head start on your taxes by using the CRA’s digital services Read More »
What to expect when the Canada Revenue Agency contacts you
Fraudulent calls claiming to be from CRA is an issue that continues to impact Canadians. So what can you do to avoid being mislead by these scams? Please refer to the below article published by the Canadian Revenue Agency to help you determine the legitimacy of a CRA call. Click here
Issuers of tax slips can now distribute T4, T4A and T5 slips more conveniently and efficiently
Issuers of T4A and T5 slips can now distribute them by email or using an employer or payer’s secure electronic portal without obtaining written or electronic consent from the employees or recipients before distributing the slips. Previously, issuers were required to request express consent in order to provide these slips electronically, but do not need to now, under certain …
Small Business Week is here: make sure you check out the Canada Revenue Agency’s information and resources that are tailored to the needs of entrepreneurs
Canada Revenue Agency (CRA) is celebrating the passion and impact of Canada’s entrepreneurs, cornerstones of our neighbourhoods and communities. As you take this time to connect, learn and grow your business smarts, CRA is excited to share some tax information and resources that can help your business thrive. In the midst of challenges such as …
Warning: Watch out for tax schemes involving multilevel marketing businesses!
The Canada Revenue Agency (CRA) is always on the lookout for tax schemes and opportunities to warn Canadians about them. Has someone encouraged you to deduct expenses and claim business losses to offset taxable income? If so, this might be related to a tax scheme involving multilevel marketing (MLM). Learn More
Did you know that there are business services that can make it faster and easier for you to meet your tax obligations?
Charlie the chatbot can be found on the Canada.ca/CRA webpage where it can answer questions about your business and other tax-related matters. From April to July 2023, it was asked just over 854,000 questions in English and 156,000 questions in French. As we head into Small Business Week 2023, Charlie is here to give you some information about …
Back to school tips for educators
This back to school season, CRA is here to make it easy to teach and understand taxes. Whether you are an educator or an organization that supports educational growth, there are many resources that you can take advantage of this academic year. Learn More