Tag Archives: CRA

Important Changes from CRA that Advisors Need to Know

Changes from Canada Revenue Agency
Posted on August 15th, 2013 by Karen Taylor Smith

The Canada Revenue Agency (CRA) has replaced their former Interpretation Bulletins (IR) with Income Tax Folios. The former bulletin used by many providers (including The Benefits Trust) as a common reference for determining eligible and ineligible expenses for Health Care Spending Accounts and executive benefits plans was IT-519R2, Medical Expense (…) [Read Full Article]

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How Healthcare Spending Accounts Fit Into Your Benefits Plan

health care
Posted on May 29th, 2012 by Karen Taylor Smith

A benefits plan is a promise that an employer makes to their employees. This promise can be defined in a variety of ways. A Health Care Spending Account (HCSA) is one type of benefit that can be included in this promise. An HCSA is a pre-determined amount of money made (…) [Read Full Article]

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