How to Deal with tax debt in Canada
You can’t afford to pay your back taxes and the CRA has started collection actions against you. Many taxpayers and businesses find themselves in this situation for one reason or another; it is an everyday
You can’t afford to pay your back taxes and the CRA has started collection actions against you. Many taxpayers and businesses find themselves in this situation for one reason or another; it is an everyday
As cryptocurrencies become more and more mainstream, the price of bitcoin and some other cryptos have soared following the long-awaited executive order by the Biden administration, regarding regulating digital currencies. The order called for a ‘coordinated and comprehensive approach to digital asset policy”
Some say yes, some say no. You owe a large amount of taxes and you are unable to pay it. It is a debt that will not go away, ever, so it is best to deal with it. One way to address it is to propose a payment plan to pay it in instalments
Fraud Awareness Month – A Tax Scam Worthy of a Seinfeld episode. You don’t just sit back and enjoy a good tax scam story… Or do you?
We’ve all been waiting for this, so finally! Remember the Panama Papers? Wouldn’t you just love to know who is behind the richest corporations in Canada?
You buy a property and in 10 years it doubles in value. Should this increase in value be taxed year by year? Of course not, right?
token, or NFT, is basically a unique digital asset that relies on blockchain technology to track ownership.
My good friend Joey, a generally confident and funny guy, walked into my office one day with a grande double double, a letter in his hand and this bewildered look on his face that almost made me laugh
They operate independently from the CRA and their role is to oversee that the Taxpayer Bill of Rights is being respected every step of the way in the taxpayers’ dealings with the CRA.
With the explosion of the digital assets industry and an exponential increase in using and investing in cryptocurrencies, having a clear understanding of the current and evolving cryptocurrency regulations in Canada is paramount to ensuring safe transactions.