Canada Revenue Agency
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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
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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
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Brampton man charged in charitable tax fraud case involving $34 millionThe CRA says a Brampton man was a partner in a tax preparation business known as E & F Tax Associates or as Bankay Financial Services Inc. in Toronto and Brampton.CrimeMar 22
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Thinking of filing your taxes yourself this year? Here’s what to knowFor Canadians who are anxious about doing their own taxes, self-filing software can be a big help. But experts say it's also important to know when you need a tax professional.MoneyMar 19
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Did you co-sign your kid’s mortgage? There are new tax reporting rules to knowBare trust reporting is a new requirement by the CRA this year, but most Canadians are likely unaware of its existence — or penalties.MoneyMar 16
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Canada Revenue Agency warns of relentless scams during tax seasonRecently, the Canadian Anti-Fraud Centre issued a fraud alert stating it’s receiving reports of text messages claiming to be from the Canada Revenue Agency.ConsumerFeb 27
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Tax filing is open: Here are the changes to know about in 2024The 2024 tax filing season is officially open. Here are the changes to know about, particularly for remote workers and Canadians saving for their first home.CanadaFeb 19
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Flair Airlines faces seizure order as carrier owes feds $67M in unpaid taxesFlair CEO Stephen Jones says the Edmonton-based company has a deal with the Canada Revenue Agency to pay the taxes, and that it is "current with that plan."CanadaJan 29
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‘Countless’ complaints on CRA wait times are spurring a new probeIn response to an inquiry about CRA call centre wait times from a Conservative MP, the auditor general says she will update her 2017 report on the matter.CanadaDec 5, 2023
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CRA claws back $458M in COVID-19 wage subsidies after partial auditThe Canada Revenue Agency is releasing a report Monday that offers detailed findings of its audits of the Canada Emergency Wage Subsidy Program.CanadaNov 20, 2023
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