The tax agency has not provided an extension to the April 30 deadline for 2020 returns
The Canada Revenue Agency outlined reporting requirements, credits and more
The prescribed rate on loans to family members remains set at 1%
The tax agency has cited possible email phishing schemes
Don't file without an amended slip, EY Canada suggests
The agency says it’s aware of some tax slips that wrongly list portions of repaid benefits as taxable income
Relief hasn't been extended to late-filing penalties where there’s an unpaid tax liability
For privacy reasons, the public registry does not include sole proprietors
There's a temporary flat-rate method for up to $400, and a simplified "detailed" method with a new Form T2200S
A proposal in the fall economic statement aims to provide a simplified claim process