Having an online CRA account makes it easier to manage your income taxes and government benefits at tax time and year-round. Here’s how to open a CRA account right. Do you have a Canada Revenue ...
The CRA is planning to increase its invites for the SimpleFile by Phone service to two million Canadians total — up from 1.5 million — so they can file their taxes automatically for the 2025 ...
These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...
To keep your digital files organized and streamlined, consider adopting a logical folder structure, consistent file naming conventions, and regularly managing your Drive space for optimal usage.
If you file electronically: Keep all of your documents in case the CRA asks to see them later. If you file a paper return: Attach a copy of the pay stubs or statements and your note to your paper ...
“It opens up the concern for a lot of athletes,” Cestnick said, “that no matter how you structure your compensation, the CRA is going to ... play in Canada but file taxes in the U.S. are ...
But the levy’s complex reporting requirements initially also embroiled many Canadians, leading the CRA to repeatedly provide ... failure to file on time could trigger penalties starting at ...