Tag: Tax news
Canada’s Underused Housing Tax Act
On June 9, 2022, the new Underused Housing Tax Act (The “UHTA”) received royal assent under Bill C-8 and is retroactive to January 1, 2022. The UHTA imposes a new tax for non-resident owners of Canadian residential housing of 1% of the property’s value. The purpose of the UHTA is […]
How to Authorize a Representative for your CRA Accounts
Business owners and individuals can authorize a representative to access their CRA Business Account or Individual Accounts. Depending on what type of authorization you allow, this representative can make changes to your CRA account on your behalf. To authorize our firm as a Representative of your CRA Business or Individual […]
How to Register for CRA’s My Account (Individuals)
CRA’s My Account allows Individuals to access their personal income tax and benefit information and manage their tax affairs online. Individuals can also log into My Account to authorize and manage representatives to access their tax account. What can I do on My Account? If we prepare any of your tax returns, […]