To promote adherence to Canadian tax laws and prevent tax evasion, the Canada Revenue Agency (CRA) conducts annual risk assessments on businesses and individuals after the tax season. For most business owners, this involves an informal review of specific aspects of their business, such as HST, and requests for certain online document submissions through CRA’s […]
Managing your taxes with the CRA
Managing your taxes and benefits with the CRA is an important part of life in Canada. To help you keep track of your financial situation with the CRA, they offer a secure online portal called “My Account.” In this portal, you can access important tax documents, update your personal information, and manage your direct deposit […]