«« BACK
Beware! The CRA Might Ask You for Those $2,000 CERB and CRB Payments Back
Dire circumstances require a quick response, and that was what the Canada Revenue Agency (CRA) was tasked with by the Canadian government. The Canada Emergency Response Benefit (CERB) was a monumental undertaking to respond to financial stress caused by COVID-19. The stimulus program had two extensions and was replaced by the Canada Recovery Benefit (CRB).
Original Article Source Credits: The Motely Fool, https://www.fool.ca/
Article Written By: Adam Othman
Original Article Posted on: 11th December 2020
Link to Original Article: https://www.fool.ca/2020/12/11/beware-the-cra-might-ask-you-for-those-2000-cerb-and-crb-payments-back/
Categories
RECENT POSTS
- » Meet The Face Behind Saklas & CO., CPAs
- » Solving Common Problems That Most Small Businesses Face
- » Season’s Greetings From Saklas & Co., CPAs
- » Tips To Get The Most Out Of Your Tax Return
- » TFSA Users: You Could Pay 15% Tax on Dividends With 1 Costly Mistake
- » Tax-Saving Tips For Canadian Taxpayers
- » The CRA gives a chilling assessment on accidental TFSA overcontributions
- » Sources of retirement income