CRA looks to crack down on the tax gap
False returns resulted in refunds of more than $85,000.
There’s an easier way to get info from the agency
What to do to minimize penalties
Learn which investment fees are deductible and how those fees are treated by CRA in various structures, funds and accounts.
For Canadians who live in the north, CRA offers two deductions.
Clients should stay away from wielding influence over businesses they don’t want associated with their own corporations for tax reasons.
Investors get more choice, and small business gets funding, a report argues.
Factors to consider
What happens when the foreign tax credit is denied