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The Canada Revenue Agency outlined reporting requirements, credits and more

  • By: IE Staff
  • March 24, 2021 March 24, 2021
  • 15:21
Businessman Using Calculator With Piggybank And Stack Of Coins On Desk

The prescribed rate on loans to family members remains set at 1%

  • By: IE Staff
  • March 19, 2021 March 19, 2021
  • 12:39
laptop with steel security lock. password

The tax agency has cited possible email phishing schemes

Frustrated man calculating bills and tax expenses

The agency says it’s aware of some tax slips that wrongly list portions of repaid benefits as taxable income

businesswoman thinking

Some clients may be reluctant to maximize their RRSPs for fear of missing out on other tax advantages

Queen's Park, Ontario legislature, exterior

Report highlights need for “significant” changes to spending or revenue

45720671 - woman working in home office hand on keyboard close up

Claims are expected to skyrocket this year

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Help your clients choose between the detailed method and a temporary flat-rate method 

tax calculator with red button

Revenue could reach as high as $144 million by 2033

tax calculator with red button

Slips are being sent to recipients of CERB, CRB, CRSB and other benefit programs

  • By: IE Staff
  • January 12, 2021 January 12, 2021
  • 09:57