Tax Repayment Plans: Navigating Options with the CRA
Dealing with tax debt can be overwhelming, especially when you’re faced with mounting interest and penalties. If you owe money to the Canada Revenue Agency...
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Capital Loss Carryforward: Maximizing Tax Benefits
Managing investments can be financially rewarding, but not every investment yields positive returns. Sometimes, you may sell an asset for less than its...
Read More Taxable Benefits: How They Impact Your Income
In Canada, employers often provide benefits to their employees as part of their compensation package. While these perks can be advantageous, many are...
Read More Family Tax Planning Strategies to Maximize Tax Savings
Family tax planning involves organizing your financial affairs to minimize the overall tax liability of your household. It takes into account the income,...
Read More GST/HST Audit Triggers: Key Facts
The Canada Revenue Agency (CRA) conducts audits to ensure that businesses are complying with federal tax laws, including those related to the Goods and...
Read More CRA Interest Relief: Reduce or Eliminate Interest
Tax debt can quickly become overwhelming, especially when daily compound interest adds up over time. Fortunately, the Canada Revenue Agency ("CRA")...
Read More Income Tax Objections: How to Dispute a CRA Assessment
Dealing with a tax assessment from the Canada Revenue Agency (CRA) can be overwhelming, especially if you believe the assessment is incorrect. Fortunately,...
Read More The Consequences of Missing CRA Appeal Deadlines: Amarpal Singh Personal Real Estate Corporation v The King
In Amarpal Singh Personal Real Estate Corporation v The King, 2025 TCC 38, Justice Spiro emphasized the critical importance of meeting deadlines under the...
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