CRA
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Bare trust tax filing rules are getting another exemption, CRA saysThe Canada Revenue Agency said this week that it is extending an exemption to the reporting requirements for bare trusts for the 2024 tax year.MoneyOct 30, 2024
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Canada’s privacy commissioner to probe CRA data breachesThe CRA reported the breaches to the privacy commissioner's office in May 2024 and it has been engaging with the tax agency to find out more information about the situation.CanadaOct 29, 2024
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CRA says 330 employees fired for inappropriately claiming CERBThe CRA said last year they were launching an internal review to determine if employees had received CERB, with approximately 600 people identified for further investigation.CanadaOct 16, 2024
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Is the CRA doing a good enough job? The agency wants to hear from youThe Canada Revenue Agency wants to hear from taxpayers on how it can improve its services. Canadians have until Dec. 2 to fill out an online questionnaire.CanadaSep 27, 2024
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CRA expands service hours after callers unable to reach agentsThe Canada Revenue Agency has extended its contact centre's service hours for tax enquiries after the taxpayer's ombusperson flagged an issue blocking callers.CanadaAug 23, 2024
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‘Welcome news’: CRA handling of bare trust filing to be probedAccording to the Canada Revenue Agency, a total of 51,578 bare trust forms for the 2023 tax year had been received as of June 14, amid confusion over the filing requirement.CanadaJul 11, 2024
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Tenants don’t have to foot unpaid tax bills for foreign landlords: ministerThe minister responsible for the Canada Revenue Agency is weighing in as debate swirls online about whether a tenant can be held liable for their foreign landlord's unpaid taxes.MoneyMay 17, 2024
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Tax season, scam season: Don’t get fooled before deadlineThe Canada Revenue Agency says tax scams are as prevalent as ever at this time of year, and they're getting more complex and sophisticated.MoneyApr 29, 2024
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CRA’s handling of bare trust reporting rules needs ‘systemic review,’ MP saysA Conservative MP is calling for a "systemic review" into the Canada Revenue Agency's recent handling of bare trust reporting requirements amid ongoing criticisms.MoneyApr 9, 2024
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CRA’s bare trust filing change had costly consequences: ‘A lot of angry people’The CRA announced last week that it is no longer requiring bare trusts to file a tax return this year, but it's left some taxpayers and accountants fronting the cost.MoneyApr 7, 2024
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