Tag: Canada Revenue Agency

CRA Changes Deadlines for Trust and Corporate Filing

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The Canada Revenue Agency has extend the deadlines for some corporate and trust filings. The move is intended to assist businesses and tax professionals who have been affected by the COVID-19 pandemic. Businesses are now permitted to defer their T2 corporation income tax returns to September 1st, 2020. Any income…

COVID-19 Tax Scammers Targeting Canadians

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The Canada Revenue Agency is warning of a rise in scams that take advantage of the confusion related to COVID-19 relief measures. “With the launch of (Emergency Response Benefit – CERB), we have seen scammers seek to prey on Canadians’ anxieties during this time of crisis,” said CRA spokesperson Etienne…

Government Extends Tax Deadline in Response COVID-19 Pandemic

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The federal government has announced that Canadians will have extra time to file and pay their taxes this year. In response to the COVID-19 pandemic, the tax filing date has been postponed to June 1 for individuals. The deadline for trusts has been moved to May 1. The Canada Revenue…

Canadians Finding Unclaimed Cheques on Canada Revenue Agency Website

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Many Canadians are finding uncashed government cheques worth hundreds – and in some cases thousands – of dollars through a little-known feature on the CRA website. The CRA recently introduced a tool in the My Account portal that allows users to collect and cash in on any unclaimed cheques, dating…

New Wave of CRA Phone Scams Reported

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The Ontario Provincial Police (OPP) at West Parry Sound have obtained numerous complaints from locals concerning a Canada Revenue Agency (CRA) scam that is said to have occurred recently. The complainants stated that they were contacted by a caller claiming to be from the CRA. The caller asserted that they…

CRA’s Call Centres get a ‘D’ Grade From Business Advocacy Group

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The Canada Revenue Agency’s tax information call centres were given a ‘D’ grade in a scathing report from the Canadian Federation of Independent Businesses. Long wait times and inaccurate information being provided were cited as the reasons for the low grade. The report also points out that the CRA performed…

CRA Hones in on Private Contractors Who Shop at Home Depot

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As part of its crackdown on unreported income, Canada Revenue Agency is targeting suspected under-the-table home improvement contractors who buy their materials from Home Depot. Back in July, the CRA obtained a Federal Court order that compels Home Depot Canada to give the CRA a list of their customers, along…

Two Canadian Men Scammed Out of a Combined $25,000

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Criminals impersonating Canada Revenue Agency officials have been scamming people by approaching them with fraudulent complaints, which they then offer to resolve via Bitcoin. Canadian Police have sent out warnings to citizens, urging caution if they are confronted over related issues. Up to CAD $25,000 has been leeched off of…