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As the 2025 tax season approaches, Bill Bisson is stuck in tax limbo, still waiting for the Canada Revenue Agency to resolve a $3,471 penalty stemming from his 2023 return — a charge he and his tax adviser say is an obvious CRA error. “It’s frustrating, it has created a …
Read More »Capital gains tax changes are in limbo. But the CRA is collecting new charges anyway
The prorogation of Parliament has led to confusion around the federal government’s plans to boost the rate of tax some Canadians pay on the capital gains — or profits — they make from selling assets like stocks, a family business or a cottage. Last spring, the federal Liberal government proposed …
Read More »Tens of thousands of taxpayer accounts hacked as CRA repeatedly paid out millions in bogus refunds
At the height of this year’s tax season, the Canada Revenue Agency discovered that hackers had obtained confidential data used by one of the country’s largest tax preparation firms, H&R Block Canada. Imposters used the company’s confidential credentials to get unauthorized access into hundreds of Canadians’ personal CRA accounts, change …
Read More »Inside N.S. businessman John Risley’s huge tax fight with the CRA
One of Nova Scotia’s most prominent and wealthy businessmen is locked in a massive income tax battle with the Canada Revenue Agency, one that spans two decades and includes a sprawling seaside mansion, a high-performance dressage horse operation and three luxury yachts. The federal government is claiming seafood baron John …
Read More »B.C. judge allows cannabis ‘fire sale’ after CRA threatens to destroy product
A British Columbia Supreme Court judge has approved the bulk sale of more than 1,200 kilograms of cannabis by a company after the Canada Revenue Agency threatened to destroy it. In a ruling released online this week, the court allowed Tantalus Labs Ltd. to move ahead with a hasty sale …
Read More »CRA says 20 employees fired for claiming COVID-19 benefits while working – National
The Canada Revenue Agency (CRA) says 20 employees have been terminated after an internal review found they claimed COVID-19 benefits while still working at the tax authority. The CRA said in a late Friday statement that more workers could be fired as it investigates about 600 employees who may have …
Read More »Shopify CEO calls CRA request for Canadian stores’ records ‘overreach’
The CEO of Shopify is vowing to fight a request from the Canada Revenue Agency asking the e-commerce company to provide it with six years’ worth of merchant records. “I don’t particularly want a fight with the CRA (Canada’s tax authority)- but we got asked to backchannel them six years of records …
Read More »Benefits battle: Family who won court fight against child welfare agency facing $8,000 tab – Winnipeg
When a Brandon, Man., family got their infant son back from Michif Child and Family Services in 2020, they thought their nightmare was over. Then they got a bill for $8,000. “This is wrong on so many levels,” said the mother, who can’t be named under the Child and Family Services …
Read More »Some of your tax credit payments might be delayed, CRA warns. Here’s why – National
Descrease article font size Increase article font size Some Canadians have not received their entitled tax credit payments due to a “technical issue,” according to the Canada Revenue Agency. The CRA said the issue is affecting payouts of the GST/HST credit and the Ontario Trillium Benefit to some taxpayers. The …
Read More »Sophisticated Canada Revenue Agency (CRA) scams circulating ahead of tax season
Some cybersecurity experts are warning the public about several sophisticated Canada Revenue Agency (CRA) scams already circulating well ahead of tax season. “This year’s crop to me is even more concerning in that they seem to be more accurate, no spelling mistakes, no grammatical errors. They look very legitimate and …
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