Updating your marital status with Canada Revenue Agency (CRA) is mandatory. At Faithe Rouse Professional Accounting Services, we are here to answer your bookkeeping and tax questions, so you feel confident with your financial standing.

Businesses that are primarily construction-related (50% or more) and pay subcontractors for construction services must report payments that are $500 or more (including GST/HST) to the CRA using the Contract Payment Reporting System.