Tax Debt Relief – How to Reduce the Amount Owing to the CRA

If you have been holding off filing your taxes because you know that once you receive your assessment you’ll have a debt hanging over your head, you are not alone. For many Canadians, unpaid tax debts represent a significant amount of debt that many people are...

CRA News 2014: Change to the Voluntary Disclosure Program

Calgary Tax law firm Moodys Gartner Tax Law LLP released an interesting article that we thought was worth sharing and a blog: Ten-Year Limitation Period for Tax Debts Arising Prior to 2004. The topic deals with a change to the Voluntary Disclosure program as it...

How a Single Business Tax Audit Causes a Chain

Tax audits are very common in Canada and many wonder how they get triggered. Well, the CBC looked into it last year and reported some very interesting information. According to Canada’s top auditor, Michael Ferguson, the CRA tends to investigate those files which have...