Leading into tax season, you may see a few more calls or important messages from “CRA” (wink, wink). But, getting caught up in a scam is no laughing matter. Can you spot a fraudulent call or email before it’s too late?
Below are lists of the most common tax slips and receipts we encounter during tax season and time frames that you can expect to receive them. Tax Slips The following chart outlines the filing dates Canada Revenue Agency (CRA) requires for tax slips to be submitted....
CRA publishes prescribed interest rates each quarter. If you are in arrears to the government, for example, late paying your income tax instalment, you will be charged interest.
In our article, “Budget 2022: What Does it Mean for Me?”, we discussed several proposed measures for implementation. Since then, the following have been passed into law.
“When a due date falls on a Saturday, a Sunday, or a holiday recognized by the Canada Revenue Agency, we consider your payment to be paid on time if we receive it on the next business day.” *Source: Canada Revenue Agency
Estate planning is an important component of your overall financial life plan. It draws upon your values and how you can fulfill some of your lifelong goals.