CRA’s 'stupid mistake' compels taxpayer to pay taxes on an extra $53,258
I rarely get any physical mail anymore. In fact, if it weren’t for my weekly New Yorker magazine subscription, my mail ...
Have capital gains to report? CRA says don’t file tax returns just yet
The Canada Revenue Agency says it's working to update its systems to reflect the current inclusion rate on capital gains ...
CRA tells taxpayers reporting 2024 capital gains to hold off on filing their tax returns
The CRA already announced on Jan. 31 it would give individual taxpayers reporting a capital disposition in 2024 until June 2 ...
Company audited for "tax shelter gifting schemes" sues CRA for $100 million
A $100-million lawsuit has been launched against the CRA by a company audited for what the agency calls "tax shelter gifting ...
CRA Red Flags: 3 Tax Breaks That Are Often Denied
You can be denied many tax breaks, but you can't be denied the dividend tax credit when you invest in Fortis Inc (TSX:FTS).
$100 MILLION DOLLAR LAWSUIT LAUNCHED AGAINST THE CRA
Today, a Statement of Claim was served by taxpayer Ken Gordon and EquiGenesis Corporation against the Canada Revenue Agency. The CRA's misfeasance and negligence have destroyed a longstanding and ...