CALL TODAY 1-888-868-1400

Download our FREE eBook

Learn about the different methods that many Canadian individuals and businesses have leveraged to successfully reduce or eliminate penalties and interest owing on their tax debts.

Download Now

Blogs posted during May 2016

Global Learning Gifting Initiative Update – What’s Next with GLGI?

Back in October we reported on the outcome of Mariano v. The Queen, a case which brought the Global Learning Gifting Initiative under close scrutiny and ended with the determination that this program is an example of abusive charity gifting tax schemes. In summary, the somewhat complex Global Learning Gifting…

...

Read More

Duty of Care: Judges Rule CRA Has to Play Nice

If you’ve ever felt mistreated, threatened or intimidated by the Canada Revenue Agency, you are not alone. This federal institution has powers which are vast and far reaching, and often their tactics can seem less than just, not to mention aggressive. However, the CRA can’t just act as it chooses,…

...

Read More

CRA Statute of Limitations: When Will You Be Safe?

Often we come across clients who have been sitting with a known (to them) tax debt for several years but ignoring it in the hopes that the Canada Revenue Agency will never uncover it. Others are complacent but get hit with a surprise reassessment years after the fact. The Canadian…

...

Read More

Is Condo Flipping Subject to Capital Gains Tax or Income?

Over the last few years, flipping condos and houses has become a profitable endeavor for many Canadians, a way to turn hard work into hard-earned cash. However, what some are coming to realize is that the assumption taken as fact by many, that this is an issue of capital gains…

...

Read More