If you want to know how to make payments for individual and business accounts with the Canada Revenue Agency, your main options are...

The Federal Government launched the Canada Emergency Commercial Rent Assistance (CECRA) program to provide financial assistance to small businesses in respect of their commercial rent.

The ITA contains rules (the FAPI rules) that are intended to tax investment income earned by a "controlled foreign affiliate" of a Canadian taxpayer when it is earned...

The Department of Finance confirmed that the prescribed interest rate will be 8% in the first quarter of 2023. The rate increase will impact those who owe money to the Canada Revenue Agency (CRA)...

Unexpectedly, the world-wide disruption caused by the COVID-19 outbreak has created an opportunity for many business owners. Businesses negatively affected by COVID-19 likely have valuations lower...

The property value threshold for the full home owner grant is increased to $1.65 million for the 2018 tax year, from $1.6 million in 2017.

Whether you've been preparing your taxes for years or are new to filing taxes, Crowe MacKay's personal income tax checklist is a great resource to ensure you provide everything your accountant needs to...

Divorce and separation can be a very difficult time for all parties involved, especially in the beginning. However, as difficult as it can be...

Divorce and separation can be a very difficult time for all parties involved, especially in the beginning.

Since 1976, the Canadian federal government has imposed a disbursement quota (DQ) on Canadian registered charities to ensure that a registered charity's resources are devoted to its mandated purposes.

For most, the idea of being a part of a reality TV show to grow and propel your businesses is not a focus. However, a lot can be learned through TV shows like CBC's Dragons' Den.

There are many investments, such as shares of Canadian private corporations, that can be held in a Registered Retirement Savings Plan (RRSP)

What many tenants don't know is there is a specific section of the Income Tax Act indicating that they are responsible to withhold 25% of the rent they pay to non-resident tax residents of Canada.

On March 22nd, 2018, Alberta Finance Minister Joe Ceci announced the 2018 Alberta Budget. The Budget does not include any changes to personal ...

Now that you have collected all the information needed to file your taxes what's next? Crowe MacKay LLP's tax team share five important steps to ensure you are not penalized

Are there withholding taxes on my rental income? Yes. Any person remitting rents to a non-resident is required to withhold and remit to the Canada Revenue Agency ("CRA") 25% of the gross rents paid.

It's February and the allure of fresh powder, and the promise of a cold pint have brought you "up the hill" for a great day on the slopes.

The federal government has announced that it will be modifying certain aspects of its proposed rules regarding the taxation of private corporations.

There are new reporting requirements for trusts requiring most trusts to file a T3 return, regardless of income or activity levels (with some exceptions, see below).

In December of 2022, Bill C-32 received royal assent and new trust disclosure rules were introduced into the Tax Act, which take effect for the 2023 tax filing year.