What is My Account? My Account is the online system CRA uses to give taxpayers access to their tax accounts. Many Canadians rely on CRA My Account to view tax slips, check notices of assessment, and track refunds or benefit payments. Once you have access, CRA My Account allows you to: View Notices of [...]
Coming home from Mexico, where it was a balmy 27°C, to an overnight snowfall here in Canada was a bit of a shock to the system. Most people prefer life with as few shocks as possible—and I’m no different. That’s one of the reasons I’m a mostly conservative tax preparer. Here’s the thing: the CRA [...]
Believe It or Not, They’re Not the Same When it comes to dealing with the Canada Revenue Agency (CRA), timing matters — both for filing and for paying. Missing a deadline can lead to financial consequences, but many people confuse penalties and interest, or assume they mean the same thing. Understanding the difference can help [...]
