

Cryptocurrencies and the CRA
Cryptocurrencies and the CRA In the distant past, the wild west of 2016, cryptocurrencies were a novelty; for the use of those with a particular dista...

How to Respond to Indirect Verification of Income Audits
This is part two in a series of posts discussing Indirect Verification methods used by the Canada Revenue Agency (“CRA”). If you want to ...

Indirect Verification of Income Audits
Indirect Verification of Income Audits & the Canada Revenue Agency Indirect Income Verification methods are an extremely powerful weapon in the CR...

New Income Sprinkling Rules
On December 13, 2017, the Department of Finance re-released its draft legislation regarding income splitting rules and provided guidance to the revise...

Do I Need a Tax Lawyer or an Accountant?
In our first discussion of when to hire tax lawyers, we discussed their experience in advocacy and knowledge of the legal avenues open to you to seek...

Changes to the Voluntary Disclosures Program
Do you have unfiled tax returns, or have you incorrectly reported income? If so, you may be eligible for the Voluntary Disclosures Program. The Volunt...

Ontario Real Estate Agents and Professional Corporations
Realtors in Ontario have traditionally been left out in the cold when it comes to taking advantage of the tax benefits of professional corporations.Â...

Here’s What To Do With Unfiled Tax Returns
You might be like thousands of Canadians who have not filed their taxes for the past few years. Whether it is just missing one year, or missing ten ye...

The Cost of Dealing with CRA
Auditor General Michael Ferguson has now released his much anticipated report for 2016. The report itself speaks volumes on the failures of the Canada...
