The CRA successfully appealed a conditional sentence imposed in 2019
Clients who borrow to invest may be intrigued by a recent court case on interest deductibility
The prescribed rate on loans to family members remains set at 1%
A quirk in the TFSA overcontribution waiver rules could lead to taxes owed on a zero-dollar account
A speaker at the 2021 STEP conference warns that CRA auditors could soon have greater authority to require individuals to answer questions
Details of how to request the reimbursement have been released
The tax agency has not provided an extension to the April 30 deadline for 2020 returns
The CRA would issue electronic notices of assessment as the default when returns are filed electronically
The Canada Revenue Agency provided pointers for business owners who received Covid-19 benefits
A court has found that penalties imposed by the BCSC should survive the bankruptcy process