Tax News

TFSA holders on the hook for overcontribution tax — even if account is worthless

A quirk in the TFSA overcontribution waiver rules could lead to taxes owed on a zero-dollar account

By Rudy Mezzetta |June 16, 2021

2 min read

Budget proposal will mean “big change” for CRA audits, lawyer says

A speaker at the 2021 STEP conference warns that CRA auditors could soon have greater authority to require individuals to answer questions

By Rudy Mezzetta |June 14, 2021

2 min read

Government to reimburse self-employed workers who repaid CERB

Details of how to request the reimbursement have been released

By The Canadian Press |May 27, 2021

1 min read

What U.S. tax proposals mean for Canadians

Breaking down estate tax and capital gains for cross-border clients

By David A. Altro |May 26, 2021

4 min read