taxes

PSAC workers and supporters picket outside the Canada Revenue Agency office in Sudbury, Ont. on Wednesday, April 19, 2023. There are calls to extend this year’s tax deadline amid a federal public service strike that some fear is making it hard for some people to file on time. THE CANADIAN PRESS/Gino Donato

Petition calls for tax deadline extension amid federal worker strike

Job action has reduced staff for a Canada Revenue Agency help line

 

Ron Clarke is a Trail Times columnist.

Have you ever heard of The Tax Court of Canada?

To set the stage, the legal basis for our tax system is the Income Tax Act

  • Apr 20, 2023

 

Ron Clarke is a Trail Times columnist.

T1 adjustment; changing your previously filed tax return

You can do a T1 adjustment for up to 10 prior years for tax returns filed in that period

  • Apr 13, 2023

 

Ron Clarke is a Trail Times columnist.

CRA enforcement: What if you just don’t file a tax return?

Short answer, file your taxes on time and pay any tax due on time

  • Apr 6, 2023
Ron Clarke is a Trail Times columnist.
In this file photo, BC Premier David Eby speaks during a press conference in Vancouver on March 14, 2023. (THE CANADIAN PRESS/Rich Lam)

Cash influx incoming: B.C. affordability credit to soon be sent to 85% of British Columbians

Individuals can receive up to $164 and $41 per child, while a family of four could get $410

In this file photo, BC Premier David Eby speaks during a press conference in Vancouver on March 14, 2023. (THE CANADIAN PRESS/Rich Lam)
The Better Business Bureau (BBB) is urging consumers to remain vigilant against scammers posing as the Canada Revenue Agency (CRA) attempting to trick people into identity theft and, in extreme cases, taking control of bank accounts. (Better Business Bureau handout photo)

B.C. college student loses $2,800 in federal tax scam, sparking warning from BBB

Better Business Bureau reminds consumers to be vigilant against scammers posing as the Canada Revenue Agency

The Better Business Bureau (BBB) is urging consumers to remain vigilant against scammers posing as the Canada Revenue Agency (CRA) attempting to trick people into identity theft and, in extreme cases, taking control of bank accounts. (Better Business Bureau handout photo)
The income tax filing deadline is approaching. Income tax is one of several taxes paid by Canadians. (Black Press file photo)

QUIZ: Are you ready to file your taxes?

The income tax deadline is approaching. How much do you know about taxation?

The income tax filing deadline is approaching. Income tax is one of several taxes paid by Canadians. (Black Press file photo)
A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. The Canada Revenue Agency will pilot a new automatic tax filing system next year to help vulnerable Canadians who don’t file their taxes get the benefits to which they’re entitled. THE CANADIAN PRESS/Adrian Wyld

As Canadians miss out on benefits, Ottawa promises automatic tax filing is on the way

As some vulnerable Canadians who don’t file their taxes miss out on…

A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. The Canada Revenue Agency will pilot a new automatic tax filing system next year to help vulnerable Canadians who don’t file their taxes get the benefits to which they’re entitled. THE CANADIAN PRESS/Adrian Wyld
Ron Clarke: Tax Tips & Pits

Tax Tips & Pits: No joke, it’s April Fools …

With April 1 only about 48 hours away, why not lighten tax time up.

  • Mar 30, 2023
Ron Clarke: Tax Tips & Pits
Ron Clarke: Tax Tips & Pits

Tax Tips & Pits: Hot CRA reviews

What may be on CRA’s radar that likely will lead to CRA reviews? And are there any tips?

  • Mar 23, 2023
Ron Clarke: Tax Tips & Pits
Ron Clarke: Tax Tips & Pits

Tax Tips & Pits: What’s new for ‘22?

Tax filing and payment deadline is Monday, May 1, 2023.

  • Mar 16, 2023
Ron Clarke: Tax Tips & Pits
Ron Clarke: Tax Tips & Pits

Tax Tips & Pits: A simple plan for tackling tax preparation

If taxes are payable, the tax balance has to be paid by April 30

  • Mar 9, 2023
Ron Clarke: Tax Tips & Pits
Ron Clarke: Tax Tips & Pits

Tax Tips & Pits: House Flipping V3.0

How can the selling of your personal residence be a taxation issue?

  • Mar 2, 2023
Ron Clarke: Tax Tips & Pits
Photo: MarkusWinkler/Unsplash

Free income tax service available for low income earners in Trail

Trail FAIR Society is providing qualified residents with free income tax service

Photo: MarkusWinkler/Unsplash
(Black Press Media Creative)

Mormon church fined $5M for obscuring size of portfolio

The Church of Jesus Christ of Latter-day Saints and its investment arm…

(Black Press Media Creative)
A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld

Here’s what you need to know to get a head start on filing your 2022 taxes

Canada Revenue Agency says 92 per cent of Canadians filed online last year.

A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
Ron Clarke: Tax Tips & Pits

Tax Tips & Pits: Disclosure of foreign assets

T1135 requires disclosure of foreign owned assets, whether those assets are earning income or not

  • Feb 16, 2023
Ron Clarke: Tax Tips & Pits
The Canada Revenue Agency website is shown in this Wednesday April 17, 2019 image. THE CANADIAN PRESS/Doug Ives

Filing taxes for the first time? Here’s what you need to know

Start early so you can get all your documents together before the filing deadline

The Canada Revenue Agency website is shown in this Wednesday April 17, 2019 image. THE CANADIAN PRESS/Doug Ives
Ron Clarke: Tax Tips & Pits

Superficial loss for a taxpayer, or not? CRA has rules …

If a share disposition is determined to be superficial, the capital loss is not allowable

  • Feb 9, 2023
Ron Clarke: Tax Tips & Pits
Ron Clarke: Tax Tips & Pits

Tax Tips & Pits: Proprietorship or corporation

Should I incorporate? A question often posed by small business proprietors …

  • Feb 2, 2023
Ron Clarke: Tax Tips & Pits