by admin | Dec 13, 2016 | Tax Library, TAX REPRESENTATIVES
CRA can be backed off, but you have to know the game CRA can be backed off, but you have to know the game. CRA is used to getting their way by knowing how to play the tax game. The average small business does not know how the game is played. If you don’t know you are...
by admin | Dec 13, 2016 | Tax Library
Grandpa and CRA Revenue Canada decides to audit Grandpa, and summons him to the Canada Revenue Agency office. The auditor was not surprised when Grandpa showed up with his attorney. The auditor said, ‘Well, sir, you have an extravagant lifestyle and no full-time...
by admin | Dec 13, 2016 | Tax Library
Will I be charged with Tax Evasion? The government just wants the most efficient way to get your money and you get punished with huge penalties anyway Probably not. The government just wants the most efficient way to get your money and you get punished with huge...
by admin | Dec 13, 2016 | Tax Library
SR&D Tax Credits have audit risks SR&D – Scientific Research and Development Tax Credits require audit ready bookkeeping Scientific Research and Development program is administered by CRA. This is like having a fox run a hen house. The Scientific Research...
by admin | Dec 13, 2016 | Tax Library
Tax Crisis Management The most important thing you need to know is that talking to CRA is asking to have what you say used against you CRA has a data management system where CRA Auditors record electronic notes that will be compared to whatever further information...
