Tips & Information

When You Owe the CRA Money

2019-10-15T08:44:31-08:00

Debts the Canada Revenue Agency collects The Canada Revenue Agency (CRA) collects amounts owing such as: individual income tax payroll deductions GST/HST remittances corporation income tax customs, excise, and other levies benefit overpayments including: Canada child benefit GST/HST credit The CRA also collects the following amounts owed for other government programs: defaulted Canada Student

When You Owe the CRA Money2019-10-15T08:44:31-08:00

Tips to Avoid CRA Adjustments

2019-10-15T08:56:26-08:00

Here are some tips from the Canada Revenue Agency’s review programs. Following these tips should help reduce the number of adjustments the CRA needs to make to returns each year. No reply received If you do not provide the information requested within the timeframe indicated on the letter, the CRA will deny or modify

Tips to Avoid CRA Adjustments2019-10-15T08:56:26-08:00

The Different Ways to Make a Payment to the CRA

2019-10-15T09:10:21-08:00

Making a payment to the Canada Revenue Agency is now easier and more convenient than ever.  The CRA has recently expanded the payment methods they accept. Pay by online banking Pay your individual taxes to the Canada Revenue Agency (CRA) through your financial institution’s online banking, the same way you pay your phone or

The Different Ways to Make a Payment to the CRA2019-10-15T09:10:21-08:00

Does Your Pension or Annuity Qualify for the Pension Income Amount?

2019-11-06T15:33:50-08:00

You may be able to claim up to $2,000 if you reported: eligible annuity and/or pension income on line 115 of your return; eligible pension income on line 116 of your return; or annuity payments on line 129 of your return (box 16 of your T4RSP, Statement of RRSP Income slip), only if you

Does Your Pension or Annuity Qualify for the Pension Income Amount?2019-11-06T15:33:50-08:00

What is Commonly Deducted from Your Paycheque?

2019-11-06T15:54:20-08:00

Depending on your employment situation, you may receive payments in addition to your regular pay. Similarly, you may be employed in a special employment situation. Canada Pension Plan (CPP) contributions If you are 18 years old or older, but younger than 65, you are employed in pensionable employment, and you do not receive a CPP

What is Commonly Deducted from Your Paycheque?2019-11-06T15:54:20-08:00