Tag Archives: Income Tax Folios

Important Changes from CRA that Advisors Need to Know

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]