CRA
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Reselling your Blue Jays tickets? Here’s what the CRA wants …
[ad_1] The hottest commodity in Toronto this Halloween weekend wasn’t a Labubu costume but coveted Toronto Blue Jays World Series tickets. This is the first time the Jays have made it to the World Series since 1993. As I write this column, the cheapest seats in the Rogers Centre for Friday’s Game Six, way up…
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CRA loses case against taxpayer who claimed moving expenses …
[ad_1] Moving can be very expensive, but, fortunately, the net out-of-pocket costs can be significantly reduced if you’re eligible to claim a tax deduction for your moving expenses on your personal tax return. To be eligible, you must meet strict requirements under the Income Tax Act, lest the Canada Revenue Agency challenge your deduction, which…
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CRA prevails over Holt Renfrew saleswoman in battle over war…
[ad_1] Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Can the cost of luxury clothing, when worn to work by an employee of a high-end fashion store, be a valid tax-deductible employment expense? That was the issue before the…
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CRA keeps messing up despite an increased headcount and bigg…
[ad_1] The number of Canada Revenue Agency (CRA) audits on taxpayers has increased over the years. There’s nothing wrong with that since it has an important job to do to administer our country’s complex tax laws and ensure the integrity of our self-reporting system. However, a good portion of the audits result in reassessments asking…
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Companies caught in digital services tax crossfire as CRA wo…
[ad_1] The Canadian government has been introducing tax policy by press release for far too long. Sometimes it’s inevitable in order to restore fairness to the system or to curb perceived abuses. Lately, however, these press releases have been the tool du jour. For example, during COVID-19, tax practitioners were often glued to their screens…
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CRA wins case against remote worker claiming moving expenses
[ad_1] Breadcrumb Trail Links Personal Finance Taxes Jamie Golombek: You can claim these expenses if you work at home but for professional not personal reasons Published Feb 27, 2025 • Last updated 3 days ago • 5 minute read You can save this article by registering for free here. Or sign-in if you have an account.…
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CRA loss in ex-Jays’ tax case a win for Canadian sports fans
[ad_1] Breadcrumb Trail Links Legal Post Personal Finance Taxes Ruling will help avoid discouraging athletes from wanting to play in Canada Published Dec 13, 2024 • Last updated 1 day ago • 4 minute read You can save this article by registering for free here. Or sign-in if you have an account. The Tax Court of…
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CRA clarifies rules on interest deductibility
[ad_1] This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by BMO Global Asset Management Breadcrumb Trail Links Personal Finance Taxes Jamie Golombek: New case examples help clarify which investments meet the ‘earning…