Updated Income Tax Folio: S3-F10-C1, Qualified Investments – RRSPs, RESPs, RRIFs, RDSPs, and TFSAs
Click the “Learn More” button below to view the updated income tax folio on qualified investments. Learn More
What’s new from CRA
Have you received a letter related to COVID-19 benefits? Don’t worry, CRA is here to help!
The Canada Revenue Agency (CRA) is standing by to assist Canadians who may have received correspondence indicating that they will now have to repay some or all of the COVID-19 individual benefits that they received during the pandemic. Click the “Learn More” button below to read the CRA article. Learn More
Businesses: Looking for ways to better understand and meet your tax obligations? The CRA is here to help!
The Canada Revenue Agency (CRA) is committed to helping small and medium businesses by ensuring they have the information and guidance they need to stay organized and to better understand and meet their tax obligations. Click the learn more button below to view the CRA article! Learn More
Before you call: Find the answers you need for the 2022 tax-filing season
Every tax season, thousands of people call us each week. They are looking for answers to their questions, trying to find information and wanting to solve any problems they have in doing their taxes.We get it! We’re here to help you, and we want to offer you the best service possible, whether online or over …
Before you call: Find the answers you need for the 2022 tax-filing season Read More »
File your return by the deadline: Last-minute tax-filing tips to help you
Are you a last-minute filer? If you are, you are not alone. Click the “learn more” button below to check out the information on the CRA website to streamline your tax-filing experience. Learn More
Are you self-employed? The Canada Revenue Agency can help you understand your tax obligations
If you’re self-employed, we understand that navigating your tax obligations may seem complicated. But don’t worry! The Canada Revenue Agency (CRA) is focused on supporting you. To get ready for tax-filing season, we’ve put together helpful tips and information for self-employed individuals.If you want to learn more, feel free to click the button below to …
Businesses: Protect yourself from scams and fraud — know what to expect from the CRA
There are a variety of scams in Canada – with new ones invented daily. To identify legitimate communications from the Canada Revenue Agency (CRA) and protect yourself from scammers, be aware and know what to expect when the CRA contacts you.Click the button below to view the CRA article and learn more! Learn More
Tax effects of buying real estate to sell for a profit
This article will tell you about tax effects of buying real estate and selling for profit, here are some things covered in the CRA article– How to report real estate sales– What if you do not report correctly– Correcting your tax affairsClick button below to learn more Click here
It’s tax time! You’ve got questions? We’ve got answers.
To help you, we got answers to the top questions we’re asked at tax time. Here are some of the topics covered.– When is the tax filing deadline?– When is the payment deadline?– How can you get a copy of your notice of assessment or reassessment?– What is your balance owing or where is your …
It’s tax time! You’ve got questions? We’ve got answers. Read More »
Are you a peer-to-peer seller? Here’s what you need to know about your tax obligation
What is a peer-to-peer sale? A peer-to-peer (P2P) transaction involves the selling of goods from one person or party directly to another. You may be taking part in P2P selling if you are connecting with buyers through digital platforms like websites, online marketplaces or mobile applications (such as Etsy, eBay or Amazon). Learn more