Canadian Bookkeepers Association

10/02/2026

Protecting taxpayer information: How the CRA prevents, detects, and addresses fraud

In today's increasingly digital world, safeguarding sensitive information against constantly evolving threats is critical for every organization, including the Canada Revenue Agency (CRA). This Cyber Month, the Canadian Centre for Cyber Security highlights the growing sophistication of threat actors and the increased use of artificial intelligence (AI), which is making it more difficult to detect tax scams. The CRA continually implements additional lines of defense to protect taxpayer information, such as prompting CRA account users to add a backup multi-factor authentication (MFA) option and taking down hundreds of phishing websites every year....

In today’s increasingly digital world, safeguarding sensitive information against constantly evolving threats is critical for every organization, including the Canada Revenue Agency (CRA). T…

09/23/2026

The CRA is enhancing security for online income tax and benefit return filing

For the upcoming tax season, beginning February 22, 2027, the Canada Revenue Agency (CRA) is introducing a new authentication step to enhance the security of online tax filing for individuals, authorized representatives, and tax preparers. To complete the authentication step, users will be required to sign in to their CRA account. While this step is optional, completing it adds an extra layer of security by verifying that you are filing or adjusting a tax return for yourself or are authorized to file or adjust a tax return on behalf of another individual....

For the upcoming tax season, beginning February 22, 2027, the Canada Revenue Agency (CRA) is introducing a new authentication step to enhance the security of online tax filing for individuals, aut…

06/08/2026

The future professional bookkeeper will spend less time entering data and more time acting as a mentor, advisor, and financial translator for small business owners.

05/30/2026

Why hire a bookkeeper in the age of AI? The short answer is:

AI can process transactions. A professional bookkeeper protects the integrity of the financial story.

Businesses who are forward movers don't hire bookkeepers simply to enter data.

They hire them for a number of important reasons. Here are a few examples:
Making Sense of the Numbers
Ensure Accuracy
Detect Problems Before They Become Expensive
Provide Accountability

Did we answer the question? :)

05/26/2026

Now that AI is assisting with the labour how do you handle it for your clients?

You stop selling:
bookkeeping labour
You start selling:
financial operating systems

05/15/2026

Reminder – Information sessions about the first-time home buyers’ goods and services tax / harmonized sales tax rebate

The Canada Revenue Agency (CRA) invites you to attend our information sessions on the first-time home buyers' (FTHB) goods and services tax / harmonized sales tax (GST/HST) rebate. The CRA will be offering four virtual sessions. Information sessions for builders and developers Who these sessions are for Builders and developers who want a clear explanation of the FTHB GST/HST rebate....

The Canada Revenue Agency (CRA) invites you to attend our information sessions on the first-time home buyers’ (FTHB) goods and services tax / harmonized sales tax (GST/HST) rebate. The CRA w…

05/13/2026

Making changes to your tax return? Here’s what’s new and how to save time

If you've filed your taxes but realized later that you forgot to claim a deduction, report income, or made an error, there's no need to worry! You can request changes to your tax return without filing a new one. This process helps ensure your tax return is accurate and that you're paying—or receiving—the correct amounts. Since last tax season, the Canada Revenue Agency (CRA) has introduced several improvements to make requesting changes to your tax return faster and easier....

If you’ve filed your taxes but realized later that you forgot to claim a deduction, report income, or made an error, there’s no need to worry! You can request changes to your tax retur…

05/06/2026

The bookkeeping industry has drifted heavily toward:

speed
automation
shortcuts
software dependency

…and many business owners are paying the price later.

05/06/2026

A couple of questions for new bookkeepers out there.

When I started bookkeeping on my own I was excited........I was sure I had all the answers and the software was going to teach me more!! I had confidence or so I thought.

Question:
1. What do all you new bookkeepers out there misunderstand most?
2. What is one thing you would like to develop in your system set up to greatly assist you in moving your bookkeeping forward.

04/24/2026

Important changes to the Underused housing tax

We want to inform you of recent changes to the reporting requirements for the Underused housing tax (UHT). These updates are important to review carefully to ensure compliance and avoid submitting unnecessary returns. On March 26, 2026, Bill C-15, an Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025, received Royal Assent. This legislation introduces amendments to the Underused Housing Tax Act (UHTA) that impact UHT filing requirements....

We want to inform you of recent changes to the reporting requirements for the Underused housing tax (UHT). These updates are important to review carefully to ensure compliance and avoid submitting…