A Canadian taxpayer has been hit with a substantial penalty after failing to report a significant capital gain on their tax return. The Canada Revenue Agency (CRA) assessed a $21,000 gross negligence ...
This article explains how the CRA taxes cryptocurrency in Canada - from capital gains on sales and swaps to income from staking and mining - plus which forms you need and how to stay compliant. Crypto ...
CRA My Account’s Represent a Client service provides valuable information that we use in our initial investment ...
The Canada Revenue Agency (CRA) collected $166m in Tax-Free Savings Account (TFSA) over-contribution penalties in 2024 — a ...
NFTs have exploded in popularity, but with that growth comes new tax challenges. From IRS and CRA guidance to global compliance, this article explores how NFT transactions are taxed and what ...
A retiring Manitoba couple with no farming heirs would like to see their land safely transferred to their farming neighbours.
Many longtime homeowners have seen their modest family houses transform into unexpected gold mines. The modest abode they bought decades ago might have doubled—or even tripled—in value, promising a ...