CRA Targeting the Middle Class

Yes folks, they are at it again! We routinely blog about CRA and the different groups that they target. This year alone CRA targets include condo flippers, those who operate POS (point of sale) terminals in their establishments, those who make charitable donations to...

Does the CRA Actually Prosecute People for Tax Evasion?

People often ask “does the CRA actually prosecute people for tax evasion.” Scarily, it happens all the time and convictions are actually posted on the CRA website. Here is a great example of a man who owned a viable business and let his tax problem get out of control,...

Tax Slips – The CRA Knows More Than You Think

Every time you receive a tax slip, the issuer sends a copy to Canada Revenue Agency (CRA).  So just because you don’t report your income, whether it was taxed or not, does not mean that the CRA is not aware of it. These tax slips are issued for employment income,...