Filing income taxes can be a complicated process, so it should not come as a surprise that taxpayers often get the tax filing process wrong in the first attempt. 

Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  Jamie Golombek

Original Article Posted on: June 17, 2021 

Link to Original Article:  https://financialpost.com/personal-finance/taxes/the-cra-gives-a-chilling-assessment-on-accidental-tfsa-overcontributions

Original Article Source Credits:  Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By:  Puja Tayal

Original Article Posted on:  June 17, 2021

Link to Original Article:  https://ca.finance.yahoo.com/news/38-week-crb-ends-most-150853382.html

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:   Rudy Mezzetta

Original Article Posted on:  June 16, 2021

Link to Original Article:  https://www.advisor.ca/tax/tax-news/tfsa-holders-on-the-hook-for-overcontribution-tax-even-if-account-is-worthless/

Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Andrew Button 

Original Article Posted on:  May 18, 2021

Link to Original Article:  https://www.fool.ca/2021/05/18/tfsa-investors-beware-this-huge-cra-tax-bomb/

Going through your tax records and gathering necessary documents to file your tax return can be frustrating as you may have to devote several hours to it. However, you don’t have to do it alone! A professional tax consultant can assist you with your tax preparation and keep you informed about the tax regulations. They will help you save time and money and ensure you avoid any calculation errors that could adversely affect your tax returns.

Original Article Source Credits:   CPA Canada , https://www.cpacanada.ca/

Article Written By:  MICHELLE SINGERMAN

Original Article Posted on:  5.17.2021 

Link to Original Article:  https://www.cpacanada.ca/en/news/canada/2021-05-17-small-biz-setup

Original Article Source Credits:   Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By:  Christopher Liew, CFA

Original Article Posted on:  May 27, 2021

Link to Original Article:  https://ca.finance.yahoo.com/news/80-canadians-making-common-tfsa-161538186.html

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Staff, Canadian Press

Original Article Posted on:  May 27, 2021

Link to Original Article:  https://www.advisor.ca/tax/tax-news/government-to-reimburse-self-employed-workers-who-repaid-cerb/

Canada Emergency Business Account (CEBA) is one of the Government of Canada’s financial relief measures to support businesses impacted by the coronavirus pandemic. Eligible businesses can get access to this interest-free loan to help them manage their expenses. Moreover, with the latest news release, CEBA will be available to businesses that have been operating out of a non-business banking account.

Original Article Source Credits:   Newswire , https://www.newswire.ca/

Article Written By:  NA

Original Article Posted on:  May 26, 2021

Link to Original Article:  https://www.newswire.ca/news-releases/tax-tip-how-to-tell-you-ve-been-contacted-by-the-cra-and-what-to-do-if-you-are-826098861.html

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Staff

Original Article Posted on:  April 7, 2021

Link to Original Article:  https://www.advisor.ca/tax/tax-news/cra-tax-tips-for-the-self-employed/

Original Article Source Credits:   Yahoo finance , https://ca.finance.yahoo.com/

Article Written By:  Adam Othman

Original Article Posted on:  April 20, 2021

Link to Original Article:  https://ca.finance.yahoo.com/news/canada-revenue-agency-don-t-123308921.html

If you’re new to the process of tax preparation, it can be one of the most frustrating and time-consuming tasks that you’ve had engaged in. For starters, you may have a ton of questions on your mind but find answers difficult to come by. This can cause you to delay the filing of your returns, submit incorrect details, or exceed the submission deadline. At Can-Am CPA Professional Corporation, we understand the challenges you may be facing, and we want to arm you with the most accurate information available to help you out. To do this, we’ve answered some of the most frequently asked questions about filing your taxes.

Original Article Source Credits:   CPA Canada , https://www.cpacanada.ca/

Article Written By:  SOPHIE NICHOLLS JONES

Original Article Posted on:  4.15.2021

Link to Original Article:  https://www.cpacanada.ca/en/news/canada/2021-04-15-budget-reccommendations

Original Article Source Credits:   CPA Canada , https://www.cpacanada.ca/

Article Written By:  MATHIEU DE LAJARTRE

Original Article Posted on:  3.19.2021

Link to Original Article:  https://www.cpacanada.ca/en/news/canada/2021-03-19-unclaimed-cra-cheques

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Canadian Press

Original Article Posted on:  March 2, 2021

Link to Original Article:  https://www.advisor.ca/news/economic/cra-says-rare-error-in-some-tax-slips-lists-repaid-cerb-as-taxable/

Admit it. Tax time can be hard and tough to grasp for most of us. With numerous tax responsibilities and laws to obey, filing taxes as a layperson can be daunting. Moreover, you have the Canada Revenue Agency (CRA) scrutinizing records every year! Enlisting the services of a tax accountant is a beneficial choice to minimize tax liability. They will oversee your finances and make sure you comply with the tax laws and file your taxes on time. 

Original Article Source Credits:   CBC , https://www.cbc.ca/

Article Written By:  Sophia Harris 

Original Article Posted on:  Feb 27, 2021

Link to Original Article:  https://www.cbc.ca/news/business/cra-covid-benefits-1.5928069

Original Article Source Credits:   CPA Canada , https://www.cpacanada.ca/

Article Written By:  Bruce Ball

Original Article Posted on:  February 25, 2021

Link to Original Article:  https://www.cpacanada.ca/en/business-and-accounting-resources/taxation/blog/2021/february/gst-hst-proposals-for-digital-sales