New changes announced to the CRA's Voluntary Disclosures Plan could make it easier to find 'some financial relief' during the next tax filing season.

Under the VDP, the CRA grants relief from prosecution – and, potentially, penalties and full or partial interest – to ...

New Tax Rules recognize the same smartphone gets used for both personal and business tasks. TORONTO, May 9, 2018 /CNW/ - No one likes to pay taxes. Besides the obvious hit to the wallet, it can be ...

The Canada Revenue Agency (CRA) has been ordered by the Tax Court of Canada to disclose key internal documents in its ongoing battle with Toronto Maple Leafs forward John Tavares, marking a ...

The Canada Revenue Agency (CRA) is committed to helping taxpayers correct their past tax mistakes. The Voluntary Disclosures Program (VDP) allows for well-intentioned taxpayers to voluntarily correct ...

Tax season is fast approaching, and if you're like most Canadians, the thought of filing your income tax return might feel a bit overwhelming. But here's some good news — there's an easy way to do it ...

OTTAWA, ONTARIO--(Marketwired - Jun 1, 2016) - Do you need a business to authorize you quickly so you can file a tax return, submit a document or resolve an outstanding issue? The CRA has two fast ...

Taxpayers may get penalized for not reporting beneficial ownership information for a trust because they assume the Canada Revenue Agency (CRA) already has the information from a prior year. The issue ...