CRA employees represented by PSAC’s Union of Taxation Employees were still on strike two days after the federal tax-filing deadline. The union is telling members to return to work on May 4 by 11:30 a.m. ET at the latest. Recommended from Editorial...
“stop the clock” on the reassessment deadline. Budget 2024 proposed consequential amendments to section 231.8 to expand the application of the “stop the clock” rules to apply in situations where the taxpayer seeks judicial review of a CRA requirement or during the time that a Notice of...
During an audit, the CRA meticulously reviews financial records and other relevant documents to ensure that all tax reporting and payment obligations have been met accurately and fully. The CRA audit process can involve examining various elements of your tax returns, including sources of income, ...