Dealing with the Canada Revenue Agency: review letters and audits, notices of objection, reassessments, gross negligence penalties, director liability, collections, payment arrangements, and Tax Court.
16 guides, each written by a CPA licensed in the US and Canada.
Yes, on Form RC4288. ITA 220(3.1) reaches penalty and interest but not the tax, ten years from year end. The CRA runs interest on a ten-year accrual clock.
Canadian TaxThe CRA agrees with taxpayers on objections 55% of the time, but success rates vary widely by issue type. See which disputes are worth fighting.
Canadian TaxThe CRA sends review letters, processing reviews, and full audits. Most people call all of them an audit, but the response strategy changes with each type.
Canadian TaxWhat happens when the CRA starts collecting: Requirements to Pay, wage garnishment, frozen accounts, liens, and the five ways to stop or slow it.
Canadian TaxWhen a Canadian corporation fails to remit payroll source deductions, GST/HST, or employee CPP/EI premiums, the CRA can pursue the directors personally.
Canadian TaxWhat the CRA's gross negligence penalty under section 163(2) requires, how it differs from a regular penalty, and the burden of proof the CRA must meet.
Canadian TaxHow CRA installment payment arrangements work, what the CRA will accept, the interest that keeps accruing, and the consequences of missing a payment.
Canadian TaxCRA late-filing penalties for T1, T2, T1135, and information returns. How the automatic and repeated penalties work, and when the CRA will waive them.
Canadian TaxHow the CRA uses the net worth method to reassess unreported income, the common errors in its math, the burden of proof, and how to challenge it.
Canadian TaxHow to file a CRA notice of objection, the 90-day deadline, what to write, real success rates, and your options if the CRA says no. Includes Form T400A.
Canadian TaxA personal services business (PSB) reclassification is one of the most expensive things the CRA can do to a small corporation.
Canadian TaxRepresent a Client (RaC) is the CRA's online service that lets authorized representatives, like a CPA or tax preparer, access a taxpayer's information.
Canadian TaxThe CRA also reassesses under ITA 15(2) when a shareholder borrows from the corporation and does not repay within the statutory window.
Canadian TaxWhat to do when the CRA denies or reduces your SR&ED claim.
Canadian TaxWhat to do when you disagree with a CRA reassessment. Objection deadlines, what to write, real success rates, interest during the dispute, and Tax Court.
Canadian TaxIf the CRA denied your notice of objection and issued a Notice of Confirmation, the Tax Court of Canada is the next step.