Sometimes you might disagree with your tax assessment from the Canada Revenue Agency (CRA). It may be because you think it’s wrong, you noticed information is missing, or you were assessed by the CRA because you didn’t respond to a notice to complete a tax return.

November is Financial Literacy Month in Canada. Financial literacy means having the knowledge, skills and confidence to make responsible financial decisions at any stage of your life. The Canada Revenue Agency (CRA) recognizes the impor…

Starting in January 2018, trust administrators and their representatives will be able to file a simple T3 Trust Income Tax and Information Return (T3RET) online using the Canada Revenue Agency’s (CRA) secure Internet file transfer service.

The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2018 will be $55,900—up from $55,300 in 2017. The new ceiling was calculated according to a CPP legislated formula that takes into account the growth in average we…

If the Canada Revenue Agency (CRA) tells you it’s reviewing one or more of your tax returns, don’t panic! In most cases, it’s simply a routine check.

The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from J…

The Canada Revenue Agency (CRA) confirmed Monday that it will not seek leave to appeal to the Supreme Court of Canada the decision of the Federal Court of Appeal that granted BP Canada Energy Company’s (BP Canada) appeal of an order to release certain records to the CRA.

If you are self-employed or the spouse or common-law partner of someone who is, the deadline to file your 2016 income tax and benefit return is midnight on June 15, 2017.