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          Canada Revenue Agency (CRA) Strike

          On Wednesday April 19, 2023 the Public Service Alliance of Canada declared a general strike. Bargaining groups including the 39,000 represented employees of the Canada Revenue Agency (CRA), are on strike. The federal government is still in negotiations with the groups. What a CRA strike means At this point, there has been no indication this…

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          • CEBA Repayment Deadline Extended
        • Canada Revenue Agency National Headquarters sign

          Canada Revenue Agency (CRA) Strike

          On Wednesday April 19, 2023 the Public Service Alliance of Canada declared a general strike. Bargaining groups including the 39,000 represented employees of the Canada Revenue Agency (CRA), are on strike. The federal government is still in negotiations with the groups. What a CRA strike means At this point, there has been no indication this…

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Home > Insights > Virtus Insights > Financial Statements

Financial Statements

Tax Court of Canada building
TCC reminds corporate directors to actively consider tax
(authored by RSM CANADA) The Tax Court of Canada released a decision on director liability for unpaid GST and payroll taxes of a corporation.
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What kind of engagement report is right for you?
Do you have a newly incorporated company, are you contemplating a business sale or considering obtaining new financing? If so, it’s important to know the different types of engagements offered by your accounting firm, to ensure you receive the information that will best meet your needs. The engagement report provided by your accountant tells the...
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New compilations standard - Virtus Group LLP
New Compilations Standard
New compilations standard CSRS 4200 will impact former “Notice to Reader” engagements. Who does this impact? If you have previously had Virtus Group issue a “Notice to Reader” report on a set of financial statements, a new standard issued by CPA Canada will affect our engagement with your company or organization and the appearance of...
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