Recent disclosures show CRA employees reporting fraud and ethical misconduct within the agency. This article explains what those complaints mean for taxpayers and why professional CRA representation matters.
CRA reassesses Toronto taxpayer and imposes gross negligence penalties for failing to report real estate sales and misusing the principal residence exemption.
Many high income Canadians use tax planning tools beyond RRSPs. Donation based programs and other tax shelters can reduce tax in heavy income years, help with departure tax planning, and support charitable goals. Here is a simple breakdown of why people explore them and what to consider.