Tel: 905-890-7854

Making sure every penny counts.

Ontario Income Tax News

The Canada Revenue Agency and Revenu Québec announce measures in support of the community organizations involved in the Volunteer Program

Feb 8, 2017

Montréal (Quebec), January 28, 2017 The Honourable Diane Lebouthillier, Minister of National Revenue and Quebec Finance Minister Carlos J. Leitão are happy to announce the creation of a discussion forum in support of the community organizations that are involved in the Volunteer Program. The announcement was made during a volunteer training day held in Montréal.…

+ Read More

Government of Canada participates in meeting of tax administrations to share findings on Panama Papers

Feb 8, 2017

January 20, 2017                       Ottawa              Canada Revenue Agency Hard-working Canadians who pay their taxes to support the social programs that benefit all Canadians are tired of seeing certain wealthy individuals and large corporations not pay their part. This is not fair and has to change. The Honourable Diane Lebouthillier, Minister of National Revenue, today highlighted that…

+ Read More

Do you own foreign property that needs to be reported to the Canada Revenue Agency? If so, you may be able to take advantage of a new simplified reporting method

Sep 27, 2016

Did you know? Taxpayers who own specified foreign property costing more than $100,000 but less than $250,000throughout the year can now file Form T1135, Foreign Income Verification Statement using a new simplified reporting method. This simplified reporting method reduces your paperwork while allowing the CRA to continue to address international tax evasion and aggressive tax…

+ Read More

5 ways to brighten your financial future

Sep 27, 2016

Did you know? November is Financial Literacy Month in Canada. Financial literacy is defined as having the knowledge, skills and confidence to make responsible financial decisions at any stage of your life. The Canada Revenue Agency (CRA) is proud to celebrate Financial Literacy Month and offers the following facts and helpful planning tips. Important facts…

+ Read More

Teach students about taxes!

Sep 27, 2016

Teaching Taxes This product provides secondary school students with information about Canada’s tax system, and their rights and responsibilities as taxpayers. It’s a great tool to help students get it right from the start and meet their tax obligations. The learning material is provided in 180 minutes of in-class instructions and exercises, available in a…

+ Read More

Beware of scammers impersonating the Canada Revenue Agency

Mar 1, 2016

Quick facts The RCMP plays a crucial role in educating the public about scams, and has a number of programs in place to track fraud, including one run by the Canadian Anti-Fraud Centre (CAFC). The CAFC monitors all types of scams, and warns Canadians to be on the lookout for scammers during the upcoming tax…

+ Read More

Did you know? The Canada Revenue Agency (CRA) is redesigning its external correspondence.

Feb 16, 2016

What does this mean for you? Starting in February 2016, the CRA will begin sending a new, simple, and easy to read NOA. The re-designed NOA will have the most important information on the first page, set out in a clear and simple format. How has the NOA improved? The most important information is clearly…

+ Read More

What to expect when the Canada Revenue Agency calls you

Jan 25, 2016

What to expect when the Canada Revenue Agency calls you Share this page It is possible that the Canada Revenue Agency (CRA) will contact you by phone for legitimate tax reasons. During such phone calls, the CRA officer must validate your identity and therefore will ask for certain personal information, including your date of birth,…

+ Read More

Did you buy a home in 2015?

Jan 21, 2016

Did you know? If you bought your home in 2015, the Canada Revenue Agency (CRA) has tax credits and a program that may help you save money. Home buyers’ amount If you are a first-time home buyer, you may be able to claim an amount of $5,000 for the purchase of a qualifying home in…

+ Read More

Do you want to use an operator-assisted relay service when communicating with the CRA?

Dec 2, 2015

Do you want to use an operator-assisted relay service when communicating with the CRA? Share this page Did you know? If you are hearing or speech impaired and thinking about using an operator-assisted relay service, you should know that authorizing a relay service company is not the same as authorizing a representative for tax purposes.…

+ Read More

Protect yourself against fraud

Sep 17, 2015

Know how to recognize a scam Examples of fraudulent communications telephone letter emails text messages online refund forms There are many fraud types, including new ones invented daily. Taxpayers should be vigilant when they receive, either by telephone, mail, text message or email, a fraudulent communication that claims to be from the Canada Revenue Agency…

+ Read More

Minister Findlay encourages families to apply for the increased Universal child care benefit (UCCB)

Jul 20, 2015

July 17, 2015 Mississauga, ON Canada Revenue Agency The Honourable Kerry-Lynne D. Findlay, P.C., Q.C., M.P., Minister of National Revenue and Brad Butt, Member of Parliament for Mississauga-Streetsville reminded Mississauga parents today that the Universal Child Care Benefit payments will land in almost 4 million mailboxes or bank accounts starting July 20th, totaling over $2.986…

+ Read More