The exemption allows homeowners to sell their primary residence without paying tax on any capital gains. However, the Canada Revenue Agency (CRA) has become increasingly vigilant about enforcing reporting rules, as highlighted in a recent Tax Court decision. Since 2016,…

Scammers posing as representatives of the Canada Revenue Agency (CRA) continue to target individuals and business owners with increasingly sophisticated phone calls. These callers often claim you owe taxes, threaten arrest, or even cite legal action if you do not…