No surprises here: A National Post article, using info from expert Mark Blumberg, details that CRA audits have dropped from 800-ish in 2010-2015, down to
CRA finally released some late guidance regarding their proposed trust reporting rules related to beneficial ownership. Short version is that this isn’t anything required for
CRA released new work from home expense numbers for the 2021 and 2022 tax years. Deductions include: Flat rate method is continued for 2021 and
Find it here. Canadian Tax Podcast 028: Rental Suites, US LLC, Capital Gains.
CRA’s website down due to the Log4Shell error. Canada Revenue Agency shuts down online services over global ‘security vulnerability’
CTP 025 is up, check it out over on CanadianTaxPodcast.ca