“You file on paper and you’re a corporation, boom bada bing, automatically, you get the penalty, at really no cost to CRA,” Buckley told National Post. Buckley is the owner of one of nearly 5,000 ...

The MarketWatch News Department was not involved in the creation of this content. OTTAWA, ON, March 19, 2026 /CNW/ - The Canada Revenue Agency (CRA) will permanently close all drop boxes currently ...

Filing taxes every year is an important and necessary task in Canada. But for many, tax preparation and filing can be overwhelming. One reason is that tax forms can sometimes be hard to interpret, ...

Canadian taxpayers who own, but fail to report, certain foreign property continue to get hit with harsh penalties from the ...

OTTAWA — The federal fiscal watchdog says Ottawa's plan to roll out automatic tax filing could see Canadians who normally don't file their tax returns get thousands of dollars in owed benefits ...

For 15 years, one Canadian lived with a secret that would give most accountants a heart attack: they hadn't filed a single tax return since the mid-2000s. "It’s stupid of me and I know that," the user ...

Taxpayers' Ombudsperson François Boileau is pushing for simplified, automated tax filing as his office faces its highest number of complaints in three years.

Among the recommendations is that automatic tax filing be expanded for all taxpayers with 'simple' tax situations, not just low-income Canadians.

5:19 With tax deadline approaching, how to ensure you get the most from your return With just a few days left before the tax filing deadline, many Canadians are still waiting until the last minute to ...