CRA Operational Update: Ten Things You Need To Know – Tax

On June 23, two senior Canada Revenue Agency (“CRA“) officials outlined a status update on tax controversy and dispute resolution at this stage of the COVID-19 pandemic. This previewed the CRA’s progression from “critical services” mode, to a “business continuity” plan and finally to a “business resumption” plan starting June 29. As the presentation was […]

Canadian Tax – The New 75% Wage Subsidy – Coronavirus (COVID-19)

To print this article, all you need is to be registered or login on Updated April 14th, 2020 On April 11, 2020, the legislation implementing the Federal Government’s new Canada Emergency Wage Subsidy (“CEWS”) was enacted. The CEWS is a $73 billion subsidy intended to support the well-being of workers, maintain employment relationships and […]

CRA Got It Wrong? Fight Their Tax Assessment In 3 Steps! – Tax

[ad_1] To print this article, all you need is to be registered or login on Disagree with the Canada Revenue Agency’s Notice of Assessment? You don’t have to accept it lying down. You CAN fight their decision by filing a Notice of Objection. Although we recommend that you consult with a tax […]

Canadian Tax Laws: A Review Of 2020 And A Look Ahead To 2021 – Tax

[ad_1] Review of Canadian Tax Developments in 2020 The year 2020 was anything but normal with the global COVID-19 pandemic creating both human and fiscal challenges in Canada and abroad. The federal government’s attention was fixed firmly on the pandemic for most of the year, and it was only in November that tax legislation was […]