CRA

Charles River Associates (CRA) Announces Vice President Promotions

Retrieved on: 
Tuesday, March 12, 2024

Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services , today announced the promotions of four new vice presidents.

Key Points: 
  • Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services , today announced the promotions of four new vice presidents.
  • “Andrea Asoni is an extraordinary economist and an integral part of CRA’s global Competition Practice,” said Vice President and Global Practice Leader Margaret Sanderson .
  • “Andrea has showcased exceptional leadership of large teams, as well as thought leadership, in many matters including high-stakes litigated mergers,” added Elizabeth Bailey , CRA vice president.
  • “Anant Kumar is a consultant who brings deep expertise in energy infrastructure and markets to help clients solve complex strategic questions around the energy transition,” said Vice President Jim McMahon , CRA vice president.

C LADTEK GROUP: Building A Sustainability Future - 20 Years of Additive Innovation

Retrieved on: 
Tuesday, April 2, 2024

The central theme of this 20th-anniversary celebration was "Building A Sustainable Future – 20 Years of Innovative Additions," highlighting the company's commitment to innovation and sustainability in product development.

Key Points: 
  • The central theme of this 20th-anniversary celebration was "Building A Sustainable Future – 20 Years of Innovative Additions," highlighting the company's commitment to innovation and sustainability in product development.
  • Cladtek uses Corrosion-Resistant Alloy (CRA) to manufacture mechanically lined pipe and weld overlay (Cladding) solutions specifically for the energy industry.
  • Celebrating its 20th year, Cladtek remains steadfast in its commitment to making a meaningful contribution to the energy transition.
  • We are very proud that this is being achieved by exporting Indonesian talent, technology and products from our home in Batam" exclaimed Lee Wilson.

Taxpayers' Ombudsperson launches systemic examination into delays in Canada child benefit payments for temporary residents

Retrieved on: 
Tuesday, March 26, 2024

OTTAWA, ON, March 26, 2024 /CNW/ - The Taxpayers' Ombudsperson, Mr. François Boileau, has opened a systemic examination into issues that could prevent some temporary residents from receiving the Canada child benefit (CCB) in a timely manner.

Key Points: 
  • OTTAWA, ON, March 26, 2024 /CNW/ - The Taxpayers' Ombudsperson, Mr. François Boileau, has opened a systemic examination into issues that could prevent some temporary residents from receiving the Canada child benefit (CCB) in a timely manner.
  • Temporary residents are legally authorized by Immigration, Refugees and Citizenship Canada (IRCC) to enter Canada for temporary purposes, including as a visitor, student, worker, or temporary resident permit holder.
  • Most temporary residents are eligible to receive the CCB in their 19th month of continuous residency in Canada.
  • However, the Office of the Taxpayers' Ombudsperson (OTO) has found issues that could be causing unnecessary interruptions in CCB payments to some temporary residents.

Tax Tip - Reducing barriers to contacting the CRA with the new dedicated phone lines for video relay service (VRS) users

Retrieved on: 
Monday, March 25, 2024

That is why the CRA, in partnership with the Canadian Administrator of Video Relay Service (CAV), has introduced new dedicated phone lines, with service in English and French, for video relay service (VRS) users.

Key Points: 
  • That is why the CRA, in partnership with the Canadian Administrator of Video Relay Service (CAV), has introduced new dedicated phone lines, with service in English and French, for video relay service (VRS) users.
  • We're proud to be the first Government of Canada department to integrate dedicated services for VRS users.
  • How to access the new VRS line:
    To use the new dedicated VRS lines, individuals will first need to ensure they are registered with Canada VRS .
  • Once registered, they can connect with a CRA agent by calling 1-800-561-6393 for service in English or 1-800-561-9332 for service in French.

Enforcement notification - Tax evasion - Fugitive Brampton tax preparer caught and jailed for $34 million fraudulent charitable donation scheme

Retrieved on: 
Friday, March 22, 2024

Bayden was a partner in a tax preparation business known as E & F Tax Associates or as Bankay Financial Services Inc. in Toronto, Ontario, and later in Brampton.

Key Points: 
  • Bayden was a partner in a tax preparation business known as E & F Tax Associates or as Bankay Financial Services Inc. in Toronto, Ontario, and later in Brampton.
  • Bayden then provided his clients with false charitable donation receipts in the names of various charitable organizations to which he was connected.
  • Bayden charged his clients approximately 10% of the face value of the false charitable donation amounts that were claimed.
  • The CRA has set up a free subscription service to help Canadians stay current on the CRA's enforcement efforts.

FLAGSTAR BANK OPENS APPLICATIONS FOR FIFTH ANNUAL MORTGAGETECH ACCELERATOR

Retrieved on: 
Monday, March 18, 2024

HICKSVILLE, N.Y. and TROY, Mich., March 18, 2024 /PRNewswire/ -- Flagstar Bank, N.A., the bank subsidiary of New York Community Bancorp, Inc., (NYSE: NYCB) (the "Company" and "Flagstar"), today announced it is now accepting applications for its fifth annual MortgageTech Accelerator program.

Key Points: 
  • HICKSVILLE, N.Y. and TROY, Mich., March 18, 2024 /PRNewswire/ -- Flagstar Bank, N.A., the bank subsidiary of New York Community Bancorp, Inc., (NYSE: NYCB) (the "Company" and "Flagstar"), today announced it is now accepting applications for its fifth annual MortgageTech Accelerator program.
  • Flagstar 2024 MortgageTech Accelerator program participation benefits include:
    Informal sessions on compliance and regulatory strategies with attorneys from the Consumer Finance and Fintech practice at Sheppard Mullin, a leading, global law firm
    "In our fifth year of this program, Flagstar's MortgageTech Accelerator has introduced us to talented fintechs who innovate across every segment of the mortgage process.
  • "Flagstar's MortgageTech Accelerator connected Greenline with an ideal launch pad in 2023," said Daniel Hayes, CEO of Greenline.
  • The accelerator program is delivered remotely and is open to any startup applicant who can participate in sessions that will be scheduled in the U.S.

Tax Tip - Security measures to protect taxpayer information

Retrieved on: 
Monday, March 18, 2024

The CRA continues to enhance its security measures to protect Canadians from fraud and identity theft.

Key Points: 
  • The CRA continues to enhance its security measures to protect Canadians from fraud and identity theft.
  • As an added layer of security, the CRA also encourages Canadians to take a few steps of their own to further protect their personal information.
  • The CRA uses Multi-factor authentication (MFA) throughout its sign-in services as a mandatory enhanced security measure.
  • If a taxpayer notices unsolicited changes on their CRA account, or thinks their information has been compromised, they should immediately report it to the CRA .

Tax Tip - Ready to file your taxes? Here's why you should go digital!

Retrieved on: 
Thursday, March 14, 2024

Learn about your taxes is an online learning tool to help you understand how the Canadian tax system works, how to file an income tax and benefit return, and how to read an NOA.

Key Points: 
  • Learn about your taxes is an online learning tool to help you understand how the Canadian tax system works, how to file an income tax and benefit return, and how to read an NOA.
  • If you choose to file online using NETFILE , a variety of software products exist to meet your needs, including options that are free.
  • Before filing your 2023 tax return electronically, you will be asked to enter an Access code.
  • If you have not yet filed your 2023 tax return, you should use the Access code from your most recent NOA.

Tax Tip - Students: Are you ready for tax season?

Retrieved on: 
Wednesday, March 13, 2024

To help you report important life changes for tax season, the Canada Revenue Agency (CRA) has some useful tips and information.

Key Points: 
  • To help you report important life changes for tax season, the Canada Revenue Agency (CRA) has some useful tips and information.
  • Tax season opened on February 19, 2024, and you can use a host of methods to file your 2023 income tax and benefit return online.
  • The deadline for most Canadians to file a tax return and pay any amount they owe is April 30, 2024.
  • Organizations with the Community Volunteer Income Tax Program host free tax clinics to complete tax returns for eligible individuals.

Our experts can help you understand your business tax obligations: Meet the Liaison Officers

Retrieved on: 
Tuesday, March 12, 2024

OTTAWA, ON, March 12, 2024 /CNW/ - Owners of small businesses and self-employed individuals, did you know that the Canada Revenue Agency (CRA) offers free Liaison Officer (LO) services to help you understand your tax obligations?

Key Points: 
  • OTTAWA, ON, March 12, 2024 /CNW/ - Owners of small businesses and self-employed individuals, did you know that the Canada Revenue Agency (CRA) offers free Liaison Officer (LO) services to help you understand your tax obligations?
  • There are CRA liaison officers all across Canada ready to help you!
  • The Liaison Officer service is offering free educational webinars on the Underused Housing Tax (UHT) to groups or associations to help owners get the information they need.
  • During a UHT webinar, the liaison officer will:
    Please visit Liaison Officer service - free tax help for small business owners and self-employed individuals to find out more about the Liaison Officer service and request a personalized visit or group webinar/seminar today!