Tax audits – Investment Executive

CRA’s focus on real estate audits paying off

melissa — Mon, 08 Apr 2024 16:26:43 +0000

Agency assessed $2.7 billion in additional tax and penalties from 2015 to 2023

Mark — Mon, 20 Nov 2023 20:10:54 +0000

Most adjustments were related to calculation errors and lack of documentation rather than ineligibility

michelleschriver — Wed, 23 Aug 2023 19:00:31 +0000

Amid automatic tax filing, a proactive approach is required

rudy — Fri, 14 Jul 2023 16:30:44 +0000

Agency had been directing taxpayers to contact a CRA official before speaking with their tax advisor

allan — Fri, 14 Jul 2023 15:21:35 +0000

Agency appears to be making a case for sustained funding as it tries to avert budget cuts

Mark — Mon, 26 Jun 2023 19:43:04 +0000

Government said records were being sought to verify that merchants were obeying tax acts

gregmeckback — Mon, 08 May 2023 04:01:00 +0000

Revenue agency initially denied expenses for sponsorship of cycling team

gregmeckback — Mon, 13 Mar 2023 04:06:00 +0000

Clients can make corrections on previously filed documents through online channels or using a paper form

michelleschriver — Wed, 18 Jan 2023 20:00:17 +0000

Client overcontributed, had income below basic personal amount

Mark — Fri, 23 Sep 2022 19:13:37 +0000

FATCA requires banks and other institutions to report information about accounts held by U.S. individuals