CRA Articles

by Jason Rosen

My TFSA Is Being Audited, What Should I Do?

In 2009, the tax-free savings account (TFSA) was introduced across Canada. It was meant to promote investment, and encourage everyday Canadians to sav...

by Jason Rosen

How to Object to a Notice of Assessment or Reassessment

Every year, many taxpayers are unhappy with the Notices of Assessments they are issued. If you’re in such a position, you do not need to accept t...

by James Pendergast

I Owe Money to the CRA – What do I do?

So you filed a personal, corporation, or GST/HST return but you weren’t able to cover the balance owing to the Canada Revenue Agency (“CRA...

by Jason Rosen

Ontario’s Fair Housing Plan – What You Need To Know

On April 20, 2017, a number of measures were announced by the Ontario Government in their attempt to make housing more affordable.   Rent Control...

by Jason Rosen

Owing Money To The CRA: Tom’s Story Part 2

Tom can’t believe his eyes. He owes $27,000 to the CRA. What happened with the audit? Why didn’t his accountant handle the situation, or a...

by James Pendergast

Owing Money To The CRA: Tom’s Story Part 1

Tom Johnson runs a successful sole proprietorship in Toronto, Ontario. He buys consumer goods that he finds online for cheap, and then re-sells them ...