Ever get a call out of the blue from CRA? Thought it was a scam? Well apparently, the CRA may contact you by phone to discuss your tax situation. I know, I know… I’ve been telling you for years, that…
CRA may call you out of the blue!
Canada Revenue Agency & Cryptocurrencies
CRA and Crypto! In this brief article we will briefly cover the Canada Revenue Agency and their approach to cryptocurrencies. What the heck is a cryptocurrency?!? Let’s start with the basics! A cryptocurrency is a digital currency where transactions are…
CRA spills the beans to the IRS!!!
Did you know that the Canada Revenu Agency is sharing information with the IRS? As part of the U.S. Treasury Department’s FATCA regulation, the government of Canada agreed to allow the sharing of bank account data with the IRS. U.S.…