Sources:

• Relationship Status – Common Law or Not? 

• Underused Housing Tax – Updates – Source 1 and Source 2

• TFSA – Carrying on a Business

• Employment Expenses – Sponsorship 

• Legislation vs. CRA Interpretation – Source 1 and Source 2 

• US FBAR Penalties – $10,000 Per Form or Account? – Source 1 and Source 2

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Sources:

• Underused Housing Tax – Guidance – Source 1 and Source 2

• Unreported Capital Trades Included on a T5008 

• Recurring Conversion Between Personal and Income Earning Use

• Updates to CRA Online Portals – Source 1 and Source 2

• Foreign Tax Credit Verification (Question 11 of CPA Canada/Provincial Accounting Bodies Questions to CRA – 2022 (released January 12, 2023)) 

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Sources:

• Underused Housing Tax – Source 1 and Source 2

• Statute-Barred Corporate Returns 

• Wage and Rent Subsidies – Partnership Income and Reviews

• Relationship Breakdown – Written Separation Agreement 

• Canada Child Benefit – Shared-Custody Arrangement

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Sources:

• 2023 Automobile Limits 

• Individual Instalment Interest – Unexpected Income – Source 1 and Source 2

• Tax Loss Selling – Corporations

• COVID-19 Suspicious/Fraudulent Claims

• Tips And Gratuities – GST/HST

• EFILE Revocation 

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Sources:

• Taxable Benefits – Gift Cards

• 2022 Fall Economic Statement and Bill C-32 – Source 1 and Source 2

• Extension of Time to Object

• Underused Housing Tax – Source 1, Source 2 and Source 3

• Shared Custody – Redetermined Prior Period Benefits

• 2023 Personal Indexation Amounts

• CERB/CRB Eligibility – Prior Period Earnings – Source 1 and Source 2

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Sources:

• CEBA Update

• Canada Dental Benefit – Source 1, Source 2 and Source 3

• CRA Representative Online Access

• Assisted Compliance Initiative

• The Proposed Trust Reporting Rules – Bare Trust Arrangements

• Tax Problems Arising From Bookkeeping – Source coming soon

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Sources:

• Individual Supports – Rent, Dental and GST Credit

• CERB Eligibility – Communication Breakdown

• Tips Collected Electronically – EI And CPP – Source 1 and Source 2

• Personal Services Business – CRA Education Initiative Update – Source 1 and Source 2

• Revised Capital Dividend Election – T2054

• US FBAR Penalties – Source 1 and Source 2

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Sources:

• GST/HST Input Tax Credit – Reasonable Expectation of Profit

• Accelerated Investment Incentive Property – Renovations

• Capital Cost Allowance – Retroactive Adjustment

• Disability Tax Credit – Form and Application Updated – Source 1 and Source 2

• Electronic Filing and Payments – Draft Legislation

• Trust Reporting Rules – Draft Legislation

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Sources:

• Poker Playing – Hobby or Business?

• Required Travel Between Home and Work

• Disinheritance of Children – Source 1 and Source 2

• Personal Services Business – CRA Education Initiatives – Source 1 and Source 2

• Director Liability – Relationship Breakdown

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Sources:

• Class Action – Credit Card Fee Charge – Source 1 and Source 2

• Immediate Expensing of CCA – Prescribed Form

• CERB/CRB Denial for Owner-Manager of a Corporation

• Working From Home – Employer Considerations

• Taxable Benefits

• Source of Income – Foreign Currency Straddles

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