Certain activities raise alarm bells and trigger a CRA audit and assessment. The result could be costly penalties and tax payments. Frequent trading of marketable securities, particularly stocks ...
She said the invitation letters to eligible Canadians will be sent out via mail or their CRA account over the next couple of months. Last year, the CRA invited more than 1.5 million people with a ...
However, the tax agency is watching to ensure users do not misuse, abuse or violate the rules. Certain activities raise alarm bells and trigger a CRA audit and assessment. The result could be costly ...
Postmedia may earn an affiliate commission from purchases made through links on this page. Two salvos have been fired across the Canada Revenue Agency’s (CRA) bow this week in the way of court ...
You report that a proposal that Big Four accountancy firms share audit work now faces the axe (Report, February 17). We believe shared audit should actually help drive growth by allowing ...
Just make sure not to exceed your limit, as the Canada Revenue Agency (CRA) imposes steep penalties for over-contributions. If you’re an international student who became a resident of Canada in ...
News that the government may backtrack on promised audit reform is deeply concerning (Report, January 25). The UK urgently needs better auditing — not fewer checks and balances on companies that ...
Should she win the current federal Liberal leadership contest, Chrystia Freeland is pledging to scrap a controversial ...
Just make sure not to exceed your limit, as the Canada Revenue Agency (CRA) imposes steep penalties for over-contributions. If you’re an international student who became a resident of Canada in 2024, ...
The CRA is continuing to uphold the higher inclusion rate, consistent with its long-held practice of following proposed legislation. This leaves taxpayers facing two bad options. If they file at ...
Here's your audit: How long does an IRS audit take? What to know about IRS audit triggers, letters and more For instance, make sure you enter your information from your W-2 income tax form ...