by Andrew PeddleIs the CRA Failing the Taxpayers? What Taxpayers Need to Know
What Taxpayers Need to Know (and How to Protect Themselves): A Report by the Office of the Auditor General of Canada. When Canadians call the Canada R...
by Andrew PeddleWhat Is a T3 Trust Return and When Do You Need to File One?
If you are a trustee, executor of an estate, or a beneficiary involved with a trust in Canada, you may encounter the T3 Trust Income Tax and Informati...
by Andrew PeddleCorporate Tax Audit Documentation
When the Canada Revenue Agency (the “CRA”) selects a corporation for an audit, one of the first steps is requesting supporting records. The qualit...
by Andrew PeddleLand Transfer Tax in Canada: What Buyers Need to Know
When purchasing real estate in Canada, many buyers focus on the price of the home but forget about a major additional cost: land transfer tax. This on...
by Andrew PeddleCorporate Tax Audit Red Flags
The Canada Revenue Agency (the “CRA”) uses advanced data analysis and risk assessment to decide which corporations to audit. While not every irreg...
by Andrew PeddleSmall Business Corporate Tax Audit
Small businesses form the backbone of the Canadian economy, but they are not exempt from scrutiny by the Canada Revenue Agency (the “CRA”). A smal...
by Andrew PeddleHow to Report Cryptocurrency Gains or Losses to the CRA
As cryptocurrency has become more mainstream, the Canada Revenue Agency (CRA) has tightened its expectations around reporting crypto transactions. If ...
by Andrew PeddleOwning Rental Property Through a Corporation
Owning rental property has become an increasingly popular and effective strategy for long-term wealth accumulation. In response, individuals are becom...
by Andrew PeddleReassessment Period CRA: What Every Taxpayer Should Know
When the Canada Revenue Agency (CRA) issues a Notice of Assessment, many taxpayers assume their tax affairs for that year are settled. However, the CR...
by Andrew Peddle