Organization calls out the “imbalance of power” between tax authorities and small business owners
There are exceptions for cases of deliberate overcontributions or penalty waivers
Canada Revenue Agency confirmed a more flexible approach at the Canadian Tax Foundation conference
Employer reimbursements of up to $500 not a taxable benefit if related to Covid-19
Each additional dollar of funding results in six dollars of "fiscal impact"
François Boileau will hold the position beginning Oct. 5
Rate remains the same as the previous quarter
The CRA says it is in the initial phase of the audits and "proceeding cautiously"
Authors caution feds against increasing CRA audit activity to tackle deficits
An overtime meal can now cost $23 without being taxable
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