The Canada Revenue Agency (CRA) has released forms to allow tax-free first home savings account (FHSA) holders to transfer assets from their accounts to their RRSP, RRIF or to another FHSA. While the ...
The Canada Revenue Agency has released the new form that advisors, tax promoters and taxpayers must use to disclose reportable and notifiable transactions under the federal government’s expanded ...
The Canada Revenue Agency published three new forms on Thursday related to the tax-free first home savings account (FHSA). Two of the forms relate to the death of the account holder: RC722 – Transfer ...
The CRA is one of the largest arms of the federal government with 52,499 bureaucrats on its total payroll. For comparison, America’s Internal Revenue Service has 90,516 bureaucrats for a much bigger ...
OTTAWA, ON, Jan. 16, 2024 /CNW/ - We get it – people have different preferences when it comes to filing their tax returns. But no matter how you decide to file, the Canada Revenue Agency (CRA) is ...
If you are planning on adding a closely related GST group election in the new year (CRA Form GST25), you will now need to file it with the CRA. Further, any pre-2015 elections will also have to be ...