CRA

Small businesses should be compensated for auditors’ errors: CFIB Fallback Image Decorative pattern

Economic Indicators

Small businesses should be compensated for auditors’ errors: CFIB

Organization calls out the “imbalance of power” between tax authorities and small business owners

By Staff |November 17, 2020

2 min read

Income and gains on TFSA overcontributions can remain in account, CRA says Fallback Image Decorative pattern

Tax News

Income and gains on TFSA overcontributions can remain in account, CRA says

There are exceptions for cases of deliberate overcontributions or penalty waivers

By Rudy Mezzetta |November 2, 2020

2 min read

Refinancing prescribed rate loans just became easier Refinancing prescribed rate loans just became easier

Tax News

Refinancing prescribed rate loans just became easier

Canada Revenue Agency confirmed a more flexible approach at the Canadian Tax Foundation conference

By Rudy Mezzetta |November 2, 2020

4 min read

CRA: Employers can now reimburse home office furniture tax-free Fallback Image Decorative pattern

Tax News

CRA: Employers can now reimburse home office furniture tax-free

Employer reimbursements of up to $500 not a taxable benefit if related to Covid-19

By Rudy Mezzetta |October 28, 2020

2 min read