How much are you spending to satisfy the CRA?

New federal rules meant to increase transparency around trusts and boost housing affordability are creating a lot of extra paperwork and headaches for many Canadians this tax season.

If you had to hire an accountant or lawyer – or both – to help you with Ottawa’s new tax-filing rules for trusts or the federal underused housing tax, please take We’ll report back on the findings. As I said in a recent column, it’s outrageous to force people to pay for the services of an accountant or tax preparer to disclose routine family business to the CRA.Are you reading this newsletter on the web or did someone forward the e-mail version to you? If so, you can sign up for Carrick on Moneyvehicle or an EV. Hybrids have a gas and electric engine, while EVs are pure electric vehicles. I’m leaning to a hybrid for our next vehicle.

Source: News Formal (newsformal.com)

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