Is Late Filling of Corporate Tax Returns a Big Deal? Oh Yes, It is!
Corporate tax returns are due six months after the end of the corporation’s taxation year. The CRA imposes a penalty if a return is filed after the due date
Still No Taxes On Sale Of Your Home But ……..
In the past, under its administrative policy, the Canada Revenue Agency’s (CRA) did not require you to report the sale of your Principle Residence (PR) on your tax return.
No Need to Panic, It’s Only the CRA
Due on a deadline and under threat of being fined, it is neither fun nor easy to prepare your business or personal tax return. As if this is not stressful enough