To save time this tax season, familiarize yourself with the new, two-step verification process for authorizing a representative using Represent a Client. Introduced in the Fall by the Canada Revenue Agency (CRA), this process makes it easier for clients to confirm who...
The Canada Revenue Agency (CRA) wants to help you and your clients prepare to file their income tax and benefit return this year. The tax-filing deadline for most individuals is April 30, 2022 Since April 30, 2022, falls on a Saturday, your clients’ return will...
Multi-factor authentication (MFA) is a security measure added to CRA sign-in services to further protect taxpayer information. All users are required to use MFA when accessing our sign-in services. Throughout the implementation of MFA, we’ve continued to add new...
What is cryptocurrency? A cryptocurrency is a type of virtual asset that is protected using cryptography. It typically uses a system called a blockchain to record and keep a history of transactions. Cryptocurrencies, such as Bitcoin and Ether, are independent, meaning...
When an employee is retiring, laid off, or let go, it is important that you know your tax obligations. The Canada Revenue Agency (CRA) is committed to ensuring businesses have the knowledge they need to make retiring allowances as simple as possible. To this end, we...
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