A Notice of Assessment is a very important document to have once you have filed your tax return.  Your Assessment is sent to you either by mail and or found on your CRA My Account online.  The CRA will process your return and then immediately issue your Notice of Assessment.  This assessment will give you details on how your return was processed, if you have a refu...

One of the most common questions in Canadian Tax is if inheritances are taxed.  Many clients receive money from their parents, estates, stocks etc and are always afraid if they will receive a big tax bill in the end.  In this article we will cover the different situations of inheritances and as well if they are taxed in Canada.  Lets first determine what is...