For the 2024 tax filing year, some of the information has taken longer to be uploaded to the site, including Tax Free Savings Account limits. As of the writing of this article, we can confirm that the ...

Financial professionals are calling on the Canada Revenue Agency (CRA) to make changes to its TFSA overcontribution reporting following problems with My Account, CRA’s online platform. TFSA ...

The Tax-Free Savings Account (TFSA) is a powerful savings tool for Canadians. Its most appealing feature is that all earnings ...

TFSA information, which has been unavailable in Canada Revenue Agency (CRA) portals, is now available for most taxpayers, the agency says. “We have resolved most issues that made Tax-Free Savings ...

"Tax-Filer Empowerment Canada (TFEC) commends the Government of Canada for directing the Canada Revenue Agency (CRA) to significantly improve its call centre service levels. Minister François-Philippe ...

*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks. The ...

The Canada Revenue Agency (CRA) is in the middle of a 100-day service improvement plan, and the latest digital improvements reduce the need for taxpayers to pick up the phone to call the agency — a ...

In the summer of 2023, a Canadian taxpayer logged into his Canada Revenue Agency account, falsely amended previous tax returns and wrongly claimed he was suddenly owed more than $40 million in refunds ...

Two new Federal Court decisions decided earlier this month demonstrate that some taxpayers continue to mess up when it comes to tax-free savings account contributions. Each case had its own set of ...

Here’s why you might see an RRSP deduction limit on your notice of assessment, even when you’ve already converted your account to a RRIF. Your annual notice of assessment (NOA) and your online Canada ...