Tax News

Senate passes bill addressing tax treatment of selling farms, fisheries to kids

Private member’s bill beats the odds, and the clock, to pass

By Rudy Mezzetta |June 23, 2021

4 min read

TFSA holders on the hook for overcontribution tax — even if account is worthless

A quirk in the TFSA overcontribution waiver rules could lead to taxes owed on a zero-dollar account

By Rudy Mezzetta |June 16, 2021

2 min read

Budget proposal will mean “big change” for CRA audits, lawyer says

A speaker at the 2021 STEP conference warns that CRA auditors could soon have greater authority to require individuals to answer questions

By Rudy Mezzetta |June 14, 2021

2 min read

Government to reimburse self-employed workers who repaid CERB

Details of how to request the reimbursement have been released

By The Canadian Press |May 27, 2021

1 min read