The CRA Is Going Paperless. Here’s What You Need to Know The Canada Revenue Agency (CRA) is making a big shift. It’s moving toward a fully online system and phasing out paper-based authorizations and filings. This means it’s more important than ever to make sure your representative, like your accountant or tax advisor, is set…
So you’ve heard of our IFS (Integrated Financial Services) division, but maybe you’ve got some questions about what it is, how it works, and why it could benefit your business. We sat down with Warren, one of the Managers, to answer some of the most commonly asked questions about IFS! Hey, I’m Warren, a Manager…
Tax season is here, and there are a few important updates to keep in mind that could affect your 2024 return and business correspondence with the CRA. Whether you’re preparing your personal taxes, managing your business accounts, or recently moved to Alberta, staying informed can save you time—and money. Here are the key changes and…
In April 2024, the Government of Canada announced a proposed increase to the change in the capital gains “inclusion rate” from ½ to 2/3rds for dispositions on or after June 25, 2024. However, with no legislation on the table in Parliament, and with Parliament currently prorogued, there was uncertainty whether this change would become law,…
