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Notice of Assessment

Another program underway is CRA’s criminal investigation program that focuses on the most serious of cases that meet one of the following criteria: significant, and/or material cases of tax evasion with an international element promoters of sophisticated and well organized tax schemes aimed at defrauding...

At the Tax Mechanic, we have listened to countless stories about individuals thinking that because the CRA hasn’t tracked them down yet, maybe they never will, or they are not claiming a few items that they didn’t report, so why bother now….and on and on....

Under Ontario’s 16-point plan to tame housing is point 14 which reads as follows;  Partnering with the Canada Revenue Agency to explore more comprehensive reporting requirements so that correct federal and provincial taxes, including income and sales taxes, are paid on purchases and sales of...

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