Our Financial and Tax Related Blog

Stay up to date with recent information, tips, and CRA announcement regarding personal, corporate and business taxes

$1.4 billion worth of cheques un-cashed!!

Canada Revenue Agency (CRA) is going to send e-notifications about uncashedcheques to 25000 Canadians this month, another 25000 in this Novermber followed by25000 more in May 2023.CRA has approximately $1.4 billion worth of uncashed cheques in its coffers that...

CANADA DIGITAL ADOPTION PROGRAM

In the digital age, it's crucial for consumer-facing businesses to develop and implement e-commerce capabilities to remain competitive. The adoption of digital technologies enables businesses to serve existing customers more effectively and to attract new customers in...

Bank of Canada raises key interest rate to 0.5%

Bank of Canada hikes its key interest rate to 0.5% that marks the first time it has increasedrates since October 2018.The Bank of Canada said the war in Ukraine is “a major new source of uncertainty” that isdriving prices higher on oil and other commodities.It is...

CRA is going to lock out 800K taxpayers online accounts tomorrow

Canada Revenue Agency (CRA) will be locking 800,000 online taxpayer accounts tomorrow. CRA found that some credentials such as user IDs and passwords may have been compromised. As a preventative measure, these additional CRA user IDs and passwords, along with those...

Additional REsources

A Few Other Resources We’ve Created for Our Customers

Canada GST Credit Is Now Doubled

Canada GST Credit Is Now DoubledThe government of Canada has doubled the Goods and Services Tax (GST) credit for half ayear in order to diminish the impact of inflation and make life more affordable forapproximately 11 million Low-income Canadians. Canadians who...

$1.4 billion worth of cheques un-cashed!!

Canada Revenue Agency (CRA) is going to send e-notifications about uncashedcheques to 25000 Canadians this month, another 25000 in this Novermber followed by25000 more in May 2023.CRA has approximately $1.4 billion worth of uncashed cheques in its coffers that...

CANADA DIGITAL ADOPTION PROGRAM

In the digital age, it's crucial for consumer-facing businesses to develop and implement e-commerce capabilities to remain competitive. The adoption of digital technologies enables businesses to serve existing customers more effectively and to attract new customers in...

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