Taxes
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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
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As Canada’s tax deadline nears, what happens if you don’t file your return?If you don't file your taxes and owe money you may have to pay penalties and interest, an accountant said. The tax deadline is April 30.CanadaApr 27
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Investing tax refunds is low priority for Canadians amid high cost of living: pollMost Canadians plan on keeping their tax refund available for spending instead of investing, the poll released Friday found.CanadaApr 26
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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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CRA no longer requiring tax return for bare trusts this yearThe CRA says it’s making the change after the new reporting rules around bare trusts had an “unintended impact on Canadians.”MoneyMar 28
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New schools, no tax increases and running a deficit: Highlights from the 2024-25 Sask. budgetThe 2024-25 Saskatchewan budget was released with a focus on "classrooms, care and communities."PoliticsMar 20
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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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Income taxes can now be filed. What you should know'Don't panic,' an expert said about filing income tax. 'If you really are lost, maybe consult a professional tax advisor that can walk you through the process.'MoneyFeb 20
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Make taxes simple with these 5 top software picksIf you choose to file your own taxes this year, there are lots of easy-to-use software options available.The CuratorFeb 16
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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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