#Canada Revenue Agency

[allthecanadianpolitics]

A new class-action lawsuit against the Canada Revenue Agency (CRA) could give extra cash to some Canadians. Todd Sweet has initiated the lawsuit against the CRA and the Government of Canada, alleging that they were "negligent in safeguarding the confidential information of Canadians, leading to widespread privacy breaches." In the class-action lawsuit, Sweet claims that "inadequate safeguards" within several online government portals "allowed bad actors" to access the online accounts of Canadians without their consent. He also alleges that, in many cases, these bad actors used real accounts to apply for the Canada Emergency Response Benefit (CERB).

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Tagging: @politicsofcanada

#CRA #Canada Revenue Agency #CERB #cdnpoli #canada #canadian politics #Law #Legal

[100dayproductivity]

65/100.

Finished my taxes! Submitted it yesterday.

Last time we talked, I was trying to figure out my business-use-of-home expenses for the pet boarding part of my business. It was making my head hurt trying to figure out how I should calculate this.

I finally decided I should treat pet boarding like a bed and breakfast for the purposes of filing taxes. So to that end, I had to figure out what percentage of my home I use for boarding and for what percentage of the time.

First I considered what percentage of my house is used for boarding. The thing is, all dogs and some cats have free range of the home 24 hours a day. That translates to 100% of the home 100% of the time. But I'm pretty sure that's not gonna fly for deducting business-use-of-home expenses. The CRA wants a "reasonable" prorating of the expenses.

So I thought about what parts of my house I actually use for boarding. Generally, I confine cats to one bedroom. Two cats from the same household stay together in the same room, so it's not one room per cat, it's one room per booking.

For dogs, even though they have free range, they generally follow me around the house, which means that during the day they rarely go upstairs at all. Mostly they are in the two rooms I use the most during the day: the living room and the kitchen. If I leave the house, I'm pretty sure they just nap in the living room the whole time I'm gone. At night, some dogs sleep in the living room, others follow me upstairs to my bedroom and sleep next to my bed. However, if cats are boarding in my room and can't coexist with dogs, then the dog is shut out of my bedroom and lopes back down to the living room, or sleeps outside the bedroom. At this point I was considering dogs as using half the house for calculating purposes.

But then I thought about the times I've had multiple dogs from different households boarding at the same time. Often they just all nap in the living room, but sometimes I have to physically separate them, especially during mealtimes. At those times, I generally either put up physical barriers, or I tether the dogs in different rooms, usually one in the kitchen and one in the living room. I also thought about the fact that I sometimes block off the living room or the kitchen in order to keep a boarding dog away from my own two cats. Furthermore, nobody really hangs out in the dining room, which separates the kitchen and living room. It's more of just a pass-through. So in the end, I decided to consider dogs as using one room per booking as well, as per cats.

I then had to figure out what percentage of my home "one room" constitutes. I didn't want to use square footage, because honestly then I'd have to measure and that would be a huge pain in the butt. But also because it doesn't really matter what size the rooms are, it's the doors and barriers that are important. So I mentally divided my house up into the usable rooms or areas for keeping pets separated, safe and comfortable. Upstairs there's three bedrooms. The bathroom doesn't count because I don't put pets in there. The main floor is open, no doors, but not "open-concept"--there are walls and doorways, so I am able to put up barriers. I considered the main floor as consisting of three rooms.

Now the basement, I mostly just use it for storage, and also I keep the basement door closed, so no one goes down there. However, in high-season when it's super busy with multiple bookings, I do use the basement bathroom as over-flow to house cats. And when it has been super super busy, I have had one cat in the bathroom and another cat outside of the bathroom. There are no rooms in the basement other than the bathroom and the tiny boiler room/washer & dryer nook, where I do NOT house cats. So essentially there are two spaces in the basement cats can be housed: in the bathroom, or outside the bathroom. So for pet boarding purposes, I consider this to be two rooms.

That makes 8 rooms in total: 3 upstairs, 3 on the main floor, and 2 in the basement.

So the portion of my house that a pet/two pets from the same household use when they board with me is 1/8.

Phew!

Next, I had to figure out what percentage of the time a pet uses 1/8th of my house. A pet uses their portion of the house 100% of the time they are staying with me, but I don't have pets staying with me 100% of the time. To figure this out, I needed to add up how many days of the year I had a pet staying with me. I'll walk you through that calculation in the next post.

#100 days of productivity #100dop #taxes #tax deductible #tax deductions #filing taxes #income tax #business use of home #business expense #home business #pet boarding #petsitting #dog sitting #dog boarding #cat sitting #cat boarding #side hustle #side gig #gig workers #canada revenue agency

[blogquantumreality]

Free Tax Filing For My Fellow Canadians

Check out the CRA site that discusses tax filing!

Please take note of the section that says: "Find a free or pay-what-you-want tax software". Don't get ripped off!

#taxes #this has been a psa #canada revenue agency #cra #important #for my fellow canadians

[lastwillandtestymen]

What do you think I should do with this message?

Bogus I think !

#worldnews #energy work #cute #society #constellations #lust #christianity #star wars #science #world #canada revenue agency #cbc news

[instachildlabor]

#childlabourlaws #childlabour #jessmegan #childexploitation

#pehr #adametmila #noconsent #canada revenue agency #canadarevenueagency

[jacksoncrabb]

What Aaron Learnt Today about the Home Buyers Repayment Plan

What Aaron Learnt Today about the Home Buyers Repayment Plan

About a year ago, some of you may know that Aaron and his wife Shauna bought their very first townhouse! Those two kids were SUPER EXCITED to get their grubby little mitts on a property which they could call their own. Of course with any shiny new toy they were unsure what they should do with it, other than just toss all their proverbial shit in and start living. After a few months these two…

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#Alberta #Canada #Canada Revenue Agency #FIRE #Freedom 55 #garage #Home Buyers Program #James Curtis #repayment program #Thursday Night Football

[corporatetaxaccountant]

How Does CRA Know I have Foreign Properties

The CRA has been getting better at discovering hidden cashflow and properties – and with new treaties and digitalization, information is more readily available. More information visit www.maroofhs.com

#Canada Revenue Agency #CRA #Accounting Firm #CPA firm #Tax services

[cdntrustee]

CERB CANADA: THE ENORMOUS DEBT PROBLEM NOW FACING CANADIANS

CERB CANADA: THE ENORMOUS DEBT PROBLEM NOW FACING CANADIANS

The Canada Emergency Response Benefit (CERB Canada) has been closed but is not over The government is ramping up its efforts to verify CERB Canada eligibility for payments made under the Canada pandemic support program. Many Canadians have been told to return some or all of the funds received in the past.   The Canada Revenue Agency (CRA) and Employment and Social Development Canada are working…

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#Bankruptcy #British Columbia #Canada Revenue Agency #canadian workers #cerb canada #Consumer Proposal #covid-19 lockdown order #covid-19 outbreak #covid-19 pandemic #CRA #Division I Proposal #eligibility requirements #eligible canadians #eligible workers #Federal government #four-week period #Government of Canada #Ira Smith Trustee #justin trudeau #Prime Minister #self-employed canadians #self-employment income #Service Canada

[sunlitemortgages-blog]

I have helped new Canadians buy a home in as little as thirteen months after they have moved to Canada.

If you have just moved to Canada and are looking to but your first home, please give me a Call , or Contact me to get a free consultation so you can start planning your move into your own home as sooner rather than later.

#Sunlite Mortgage #Sunlite Mortgage specialist #Sunlite Mortgage Professional #Canada Revenue Agency #first-time home buyer in Canada #New to Canada borrower #new Canadians in purchasing a home #New to Canada Mortgage Program

[rogersonlaw]

4 Important questions you must ask a tax lawyer

Finding a tax lawyer isn't a simple task. There are a lot of factors to take into consideration and you shouldn't ignore any. Tax lawyers strongly suggest that you take into consideration these factors carefully in order to make sure that you do not make a mistake while selecting the right tax attorney.

The blog also provides the most important questions you can consult with a tax lawyer. Take a look.

Crucial questions to ask a tax lawyer

Here are a few questions to consult with a tax lawyer.

1) How much experience do you have as a tax lawyer? This is the first and most important question you need to ask an accountant prior to hiring one. Experience does matter, as it will give you a clear idea on the effectiveness of the tax attorney. As a tax attorney, the most important question is: What are you doing?

2) How will you keep me informed about my case? Another important issue. While it may seem contradictory, communication between you as well as your lawyer is crucial during the case. Be aware of the channels for communication your attorney uses throughout the course of the case.

3) What are my odds of having complications? It's best to understand the complications of your case prior to. Ask lawyers on possible issues. You can avoid complications by knowing them before they take place.

4) How much do you charge for your services? It's essential to get an idea about the fees of the lawyer, so your budget won't be strained by any means. Ask about the attorney's fees prior to signing an agreement.

These are the most crucial questions you need to ask your tax lawyer. Although finding a tax attorney is a difficult task, knowing the details can help you make a choice.

If you're interested in more information, or you are looking for a tax lawyer in Toronto, you can count on our experts to get the job done exactly the way you want it. Our experts have decades of experience and are able to offer you accurate legal guidance. Call us today at 416-504-2259 to speak with our top-rated legal team.

To know more, connect with us at https://www.rogersonlaw.com/tax-lawyer/

#tax lawyer #tax lawyer toronto #Tax Lawyers Toronto #lawyer #lawyers #toronto #tax #law #canada revenue agency

[gnatepeweb]

ARC Canada Lance le recrutement de 100 Profils

ARC Canada Lance le recrutement de 100 Profils

L’Agence du revenu du Canada (ARC) applique les lois fiscales pour le gouvernement du Canada et la plupart des provinces et territoires. Elle administre également divers programmes de prestations et d’incitatifs sociaux et économiques offerts au moyen du régime fiscal. Mission Exécuter les programmes fiscaux, de prestations et autres, et assurer l’observation fiscale pour le compte de…

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#Agence du revenu du Canada (ARC) #emploi Canada

[allthecanadianpolitics]

In early 2020, the Canada Revenue Agency came to believe it had made a $63-million mistake. The sum, the agency concluded, had been paid out in "illegitimate" tax refunds as part of what it now alleges was a "sham designed to deceive." Iris Technologies, a Markham, Ont.-based company, had increased its sales from $27 million to $800 million in two years, according to CRA records. Buying and then exporting bulk internet telephone minutes had put the firm in a position to claim more than $120 million in tax refunds.

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Tagging @politicsofcanada

#cdnpoli #canada #canadian politics #canadian news #canada revenue agency #carousel scheme #taxes #CRA #cryptocurrency

[100dayproductivity]

Income Tax Filing

Business-use-of-home

How much of my expenses can I deduct for pet boarding?

So far I figured out that I use 1/8th of my house for each pet or household of pets that board with me. But I don't have pets boarding with me every day, so I now need to figure out what percentage of the time 1/8th of my house is used for pet boarding.

First I needed to add up all the days I boarded a pet. Most of my pet boarding I book through Rover, and they keep a detailed accounting of all your bookings. I copy-pasted the data into an Excel spreadsheet and worked it out there. I have a few clients I book directly (i.e. not through a third-party app) and I keep detailed records of those as well. Very important to keep records! If you haven't kept track of this data then the following exercise will prove to be difficult, if not impossible.

I also included daycare bookings (when a dog stays in my house for the day but doesn't stay overnight).

Here a snapshot of what the raw data looks like:

I added up all the nights of boarding and days of daycare and came up with a sum total of 383 nights of boarding and 37 days of daycare. Holy crap! I had no idea it was that much!

You might be wondering how I could have possibly had 383 nights of boarding, plus another 37 days of daycare, when there are only 365 days in a year. Well, the data shows how many nights of boarding per booking. I frequently have multiple bookings at the same time, like a cat in my bedroom and a dog on the main floor on the same night. In those instances, I am actually using 2/8ths of my house for boarding (or two times 1/8th).

I have to figure out how to do the math with 383 out of 365 days (math is not my strong point, so bear with me, math genii). I also have to figure out how to account for 37 days. A "night" of boarding is actually 24 hours of care. A "day" of daycare is usually around 10 hours of care. They are not equal amounts of time.

So first I needed to equalize the daycare and boarding. I decided that since a day of daycare is about half a day, I should multiply the nights of boarding by two to make them also half-days of care. 383 times 2 is 766. Now add the 37 for a total of 803 "half-days".

Now I needed to convert the 803 "half-days" back to "full-days", so I divided 803 by 2 to give me 401.5 full days.

(You can also go the other way and say that 37 half-days equal 18.5 full days (37 divided by 2), then add 18.5 to 383 to get 401.5.)

401.5 is still more than 365, so I then decided to consider that, hypothetically, for each day I boarded a pet, I took two bookings at the same time, using 2/8ths of my house each day (1/8th per booking). If I'm boarding two pets per day, that means I have to divide 401.5 by 2, giving me 200.75 days of boarding.

Now I can calculate what percentage of the year I am using 2/8ths of my house for pet boarding. Divide 200.75 by 365 to get 0.55, and multiply by 100 to get 55%.

So there you have it. Those are the numbers I can use to calculate the business-use-of-home portion of my house expenses: I used 2/8ths of my house 55% of the time in 2022 for pet boarding.

Going back to my total house expenses tally, the total was $22,794.29. Multiply that by 55% to get $12,536.86 (in other words, my total house expenses for 200.75 days were $12,536.86). But remember, I can't really claim to use my entire house for pet boarding, I can only reasonably claim 1/8 per booking. For 200.75 days, I had 2 bookings, so I can deduct 2/8ths of $12,536.86 as business use expenses. $12,536.86 times 2/8 equals $1567.11.

Well actually, the CRA form wants you to deduct the "personal use" part from the total expenses. So I actually have to subtract $1567.11 from $22,794.29 to get $21,227.18. That's my personal use part. You plug that number into Line 7I (that's an "I" as in India, not an l as in "Lima" and not a number 1) of Form T2125.

So this was the hardest part of doing my taxes this year. Hopefully next year I can just look back on this post and be like, "Oh yeah! I remember now how I did the math!" And if I ever get audited and the auditor says, "Can you please explain how you arrived at this number?" I can be like, "Yep, read this." If you also use part of your home for business purposes, how do you calculate the portion of expenses you can deduct? Do you think my way of prorating my deduction is reasonable?

The only other expenses I deducted were part of my phone/Internet bill, and business-related purchases, like cat litter and dog poop bags. I keep receipts for all business purchases. Make sure you keep all your receipts! For phone/Internet, I estimated that I use them for about a half hour per day of a booking (boarding, daycare, walks and visits). I also use the Internet for about a half hour per client for the other part of my business, which is home cleaning. I tallied it all up and was able to deduct another $85. My business-related purchases were about $600.

I also claimed my health insurance premiums. If you are self-employed and have private health insurance, you can either deduct it as a business expense, or claim it as a medical expense. You can't do both, so try both ways and see which one reduces your taxes the most.

I have a pretty simple business with very few expenses, but there are a whole slew of expenses you might be able to deduct. Make sure you consult the guide to see what applies to you.

Well, I am all taxed out. Literally. So done with taxes. Oh, yeah, well I still owe a schwack of money, even with all the deductions. To the tune of $7k+. Don't forget that if you are self-employed, there are no taxes being withheld before you get your grubby little hands on the cashola. Wysiwyg. Make sure you take that into account when setting your rates, and make sure you set some of your income stream aside throughout the year for the Tax Man. So yeah, I have to wait for the CRA to send me a Notice of Assessment (NoA), and then pay up, and then I'll be so done with taxes.

#taxes #tax deductible #tax deductions #filing taxes #income tax #self employed #solopreneur #entrepreneur #home business #side gig #side hustle #pet boarding #dog boarding #cat boarding #business use of home #t2125 #canada revenue agency

[prokopetz]

So the Canada Revenue Agency is in the process of digitising all of their records from before electronic tax filing was available and back-filling everybody's online profiles with the resulting data; consequently, I have just now discovered that they owe me $117 in low-income tax refunds from 2006, because they were still issuing refunds via mailed cheques at that point, and apparently the cheque in question just plain never reached me.

Unfortunately, government-issued cheques in Canada can't be cancelled and never expire, so before they'll actually Give Me My Fucking Money, I'm informed that I'll have to go through a whole Process to prove that I haven't, I dunno, just been hanging onto the original cheque for the past seventeen years as part of an extremely protracted scheme to defraud the government of Canada of one hundred and seventeen dollars.

Given the nature of the process in question (it involves signatures and witnesses and waiting periods and documents which can only be submitted via regular post), I'm 100% certain the CRA is going to incur more administrative expenses verifying my claim than they could possibly stand to lose if I was in fact scamming them, but I suppose it's the principle of the thing.

(Am I going to go through with it? Of course I am. Even if I wasn't broke, for me it's also the principle of the thing – the principle in question being Give Me My Fucking Money.)

#life #taxes #swearing

[theshitpostcalligrapher]

man nothing wakes you outta nap brain faster than seeing the Canada Revenue Agency calling you on a weekday afternoon

#its fine i sorted out my GST stuff the other week it was just a follow up but HOO BOY #who needs caffeine when the tax ppl call huh

[strongermonster]

i know we all complain about this every year but bro... taxes.

i paid money to have the canadian government send me some forms with information that they already knew about me but i myself did not even know, that i'm supposed to look at and go "uhh yeah i guess that's correct? i think? sure??" and if it's not correct, they blow up my house or something, and if it is correct, they go "yes that is correct. which we knew the whole time."

all the boxes are numbered, but they aren't in numerical order? "check box 10" which you would think would be after box 9, but it's actually after box 45 and before box 29, and also is the 3rd box down from the top middle row.

turbotax is like "hey man! this could cost you between 0 and $2 million billion dollars, but you won't know that until the very end 🤭🤫 also we hope you like sub menus inside sub menus in a side bar."

at one point they ask you some shit like "hey! do you qualify for the silly bitch workers comp mega buyback rinkydinky benefits?" which sounds like something my nana would click on and get defrauded, but it's the government itself asking me, and then the popup that allegedly explains what the fuck that means is like "if you stepped forward with your left foot 24.8% more than your right foot between 1941 and 2006 you can apply! and if you falsely apply to this we'll fucking kill you live on cbc"

there's so many goddamn fucking acronyms.

i am on 10mg of thc, which i don't think is tax expert approved and is most certainly not helping.

a beautiful smiling black woman in the bottom corner is enticing me to click on her for live help, i am assuming because she is Watching me click back and forth on the same pages 200 times and is understanding this as the cry for help it is.

there's a whole entire tax section that just goes "LMFAOOOO holy shit, that's what you make? in a year? lmfaoo you dirt poor piece of shit, here's some money back <3 lmfao maybe use it to get some skills and get a better paying job 💀💀💀"

then canada revenue agency sends me all these emails that are just going "LOG IN!!!!!!!!!!! LOG IN TO CRA RIGHT NOW!!!! RIGHT NOW LOG IN OHJHHHH GOD THEY MIGHT BE SSTEALING YOUR IDENTITYYYYYYY BUT WE CAN'T TELL YOU THAT UNLESS YOU LOG IN TO MEEEEEE"

but it's just some guy named bob hamilton saying 'thank you.'

please gott no one try explaining any of this to me, i am just complaining. i am stupid and i plan on staying that way. there is no cure for this.

#jj stuff #me crying: can i have my thousand dollars now? #CRA: no. Some Time. but not today.