Canadian Tax News. Learn how to stay tax compliant.
Tax Lawyer, Tax Consultant, and Tax Accountant – What is the Difference? Most Canadians get jittery when they realize that tax season is around the corner —and the apprehension is understandable. Tax filing can be a complex subject for the average taxpayer to wrap their head around. But you need not worry. Find out about …
Tax Lawyer, Tax Consultant, and Tax Accountant – What is the Difference? Read More »
When a collection officer calls from the Canada Revenue Agency here are some things to know: Try to be polite. Remember a collection officer is a real person who spends their day on the phone talking to people who don’t want to deal with them. Even if they wanted to, a collection officer does not …
CRA Activities We Noted for February 2021 We have heard time and time again that the Canada Revenue Agency is still open and providing services to Canadians during the pandemic. While this is true, the level of service and the timeliness of the Canada Revenue Agency has gotten significantly worse. As qualified tax practitioners we …
Status of the Canada Revenue Agency as of February 2021 Read More »
Canadian Tax Shelter Scams We get many calls from people who participated in tax shelters. Their story is usually goes like this: I bought into a tax shelter 4 or 5 years ago. I contributed for one or more years. I put $10,000 into a charitable donation and got a tax-deductible receipt for $100,000. The …
Trudeau and the Canadian Small Business Tax Despite its consultation with Canadians it appears that the Liberal government is moving forward with their proposed tax changes. As tax professionals we are concerned that these changes will reduce the incentives that entrepreneurs have to start or grow their small businesses. We understand that the government is …
Director’s Liability Assessment with the Canada Revenue Agency Below is a recent letter from the CRA in response to our appeal on behalf of our client. If you believe you have been erroneously assessed by the Canada Revenue Agency for Director’s Liability or other sections of the tax code then please call us. Dear Mr. …
New CRA Rules and Advice for 2016 2017 Canada Revenue Agency Email and Phone Scams – There are multiple criminal organizations and individuals human-voice and robo calling Canadians impersonating a Canada Revenue Agency agent. These fake agents are requesting money or personal information. If you receive such an email or phone call, hang up without …
Alberta Personal Bankruptcy on the Rise To our fellow Albertans: Cawston and Associates Inc. is a family company. Our family was born and raised in Alberta. During the past 40 years in Alberta we have seen our share of the boom and bust cycle related to the price of oil and other economic factors. From …
Canada Revenue Agency can block tax evaders from crossing the border A recent CBC article points out that tax evaders may find it more difficult to cross the border. This is designed as a deterrent for people participating in off-shore tax havens. However, we have seen cases where good people get lumped in with tax …
CRA Tax Scam Alert There never seems to be a shortage of con artists and scammers looking for a quick buck. The last few years have seen multiple groups operating across Canada as phony CRA agents trying to trick people in to paying non-existent tax penalties. This past June, a Kelowna news paper covered the …