Director & Personal Liability In a Tax Alert titled “Abuse of Source Deductions and GST/HST Amounts Held in Trust” CRA warned that businesses must hold source deductions and GST/HST amounts in trust for the government. Penalties and interest and possibly personal liability for the directors will be the result if this […]

CRA “My Business Account” The Canada Revenue Agency is constantly improving its online resources for taxpayers. You can view and print Notices of Assessment, check account balances and much more. For business owners, these resources can be very helpful. You can access them through the “My Business Account” portal. If you […]