by Elias ZafiridisCRA Technology and Corporate Audits
The Canada Revenue Agency (the “CRA”) has significantly modernized its approach to auditing corporations. Rather than relying solely on manual rev...
by Elias ZafiridisIs 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 Elias ZafiridisAppealing a Corporate Tax Audit
When a corporation undergoes a Canada Revenue Agency (the “CRA”) audit, the outcome may result in reassessments, penalties, or additional taxes ow...
by Elias ZafiridisWhat 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 Elias ZafiridisCorporate 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 Elias ZafiridisLand 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 Elias ZafiridisCorporate 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 Elias ZafiridisCar Allowance CRA: For Employers and Employees
Whether you are an employer providing vehicle-related compensation or an employee receiving it, understanding how the Canada Revenue Agency (the “CR...
by Elias ZafiridisSmall 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 Elias Zafiridis