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Make the most of your first home savings account
A First Home Savings Account (FHSA) lets you save for a qualifying home with tax-free growth and tax-deductible contributions, making it...

insync10
Jul 314 min read
CRA Audits Are on the Rise in 2025 — What Small Businesses Need to Know
The Canada Revenue Agency (CRA) has ramped up audit activity in 2025, putting more focus on small and medium-sized businesses across the...

insync10
Jul 252 min read
Maximizing Your First Home Savings Account (FHSA)
Thinking of buying your first home? The First Home Savings Account (FHSA) is one of the best tools out there — but only if you use it...

insync10
Jul 222 min read
CRA’s New “Confirm My Representative” Rules – What It Means for You
The Canada Revenue Agency (CRA) has introduced a new two-step process called “Confirm My Representative.” This change affects how tax...

insync10
Jul 92 min read
DIRECT DEPOSIT CHANGES
March 21, 2025 Ottawa, Ontario Canada Revenue Agency The confidence and trust that individuals and businesses have in the CRA is a...

insync10
Mar 222 min read
Compliance in the Trucking Industry
Strengthening Compliance in the Trucking Industry: CRA and Labour Program Sign Information-Sharing Arrangement From: Canada Revenue...

insync10
Mar 82 min read
Taxpayer relief deadline is December 31, 2024, for requests related to 2014
December 12, 2024 Ottawa, Ontario Canada Revenue Agency The Canada Revenue Agency (CRA) would like to remind taxpayers and registrants...

insync10
Dec 19, 20242 min read
Payroll Deductions Online Calculator (PDOC) to calculate federal, provincial (except for Quebec), and territorial payroll deductions.
Use the Payroll Deductions Online Calculator (PDOC) to calculate federal, provincial (except for Quebec), and territorial payroll...

insync10
Dec 11, 20242 min read
Extension of administrative policy for dental T4/T4A reporting
December 11, 2024 Ottawa, Ontario Canada Revenue Agency The T4 and T4A reporting requirements for employer- and payer-offered dental...

insync10
Dec 11, 20242 min read
Tax Break for all Canadians
Starting December 14, 2024, we’re giving a tax break to all Canadians . With a GST/HST exemption across the country, Canadians will be...

insync10
Nov 21, 20244 min read
Alberta child and family benefit (ACFB)
ACFB payment – November 27, 2024 The Canada Revenue Agency (CRA) will issue the next Alberta child and family benefit payments on...

insync10
Nov 20, 20241 min read
Understanding Canada’s Underused Housing Tax (UHT)
As of June 20, 2024, amendments to Canada’s Underused Housing Tax Act (UHTA) became law with the passing of Bill C-69. The Underused...

insync10
Nov 7, 20242 min read
How Taxes Can Contribute to Your Financial Success
Improving your tax literacy can be directly beneficial to you! Learning about taxes can improve your personal finances Tax literacy ...

insync10
Nov 4, 20244 min read
Avoiding Data Breaches: Lessons from a Major Tax Preparation Scandal
Recent news has highlighted serious concerns about data security in the tax preparation industry due to allegations of mishandling...

insync10
Oct 31, 20241 min read
Trust Reporting for 2024 – Bare Trusts Don’t Need to File T3 Returns
The Canada Revenue Agency (CRA) has confirmed that bare trusts do not need to file a T3 Income Tax and Information Return (T3 return) or...

insync10
Oct 31, 20241 min read
New trust reporting requirements for T3 returns
The federal government just announced their Fall Economic Statement for 2023. Let’s look at the tax highlights. From tax expert Gerry...

insync10
Aug 6, 20245 min read
Canada caregiver amount
The Canada caregiver amount is an important non-refundable tax credit that helps caregivers to ease the financial burden of taking care...

insync10
Aug 6, 20244 min read
Canada Carbon Rebate for Small Businesses
What is the Canada Carbon Rebate for Small Businesses The Canada Carbon Rebate for Small Businesses is a refundable tax credit announced...

insync10
Jun 27, 20242 min read
Applications for the new Dental Benefit are now open!
Seeing a dental professional is important not only for oral health, but for overall health and wellbeing too. In Canada, a third of...

insync10
Dec 8, 20224 min read
G.S.T REGISTRANTS
As a GST/HST registrant, you are likely familiar with your responsibility to collect, report, and remit GST/HST on taxable supplies. But,...

insync10
Dec 8, 20221 min read
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