On September 29, 2025, Service Canada announced that the strike will cause delays in mailing cheques for Canada Disability Benefits and Employment Insurance (EI) benefits. While […]
Understanding the Updated Voluntary Disclosures Program (VDP) The Canada Revenue Agency’s (CRA) Voluntary Disclosures Program (VDP) offers taxpayers an opportunity to correct past tax errors or […]
On May 1, 2025, the French Federal Court of Appeal (FCA) addressed an important question: Does transferring real property from a corporation to its shareholder create […]
As of June 16, 2025, the Canada Revenue Agency (CRA) has changed its default correspondence method for most businesses to online-only. This means important notices will […]
In a move to support first-time home buyers, the government has proposed a new GST rebate program aimed at making homeownership more attainable. Under this initiative, […]
Following the 2025 federal election, Canada’s Liberal Party has formed a minority government, ushering in a new wave of tax-related proposals that could significantly impact individuals […]
Corporate directors carry significant legal responsibilities, especially when it comes to tax compliance. Under Canadian law, directors can be held personally liable for a corporation’s failure […]
On December 20, 2024, the Federal Court reviewed a taxpayer’s application for judicial review of the Canada Revenue Agency (CRA) decision denying relief from penalties and interest. The issue […]
In the wake of newly imposed tariffs affecting Canadian businesses and individuals, the federal government has announced a comprehensive set of measures aimed at easing financial […]
In a June 18, 2024 Technical Interpretation, the Canada Revenue Agency (CRA) clarified a difficult truth for scam victims: losses from personal scams are not tax deductible. […]
Receiving a phone call from someone claiming to be with the Canada Revenue Agency (CRA) can be unsettling—especially if the caller is requesting personal information or […]
Is it really surprising that many fall victim to fake CRA collection calls? You know,the ones demanding payment or the CRA will either arrest you or […]
Bookkeeping is not just entering transactions, reconciling your bank statement and saying, “I’m done!” Bookkeeping lays the foundation for everything that is extracted from your financial […]