Too Busy for bookkeeping paperwork? CRA has a requirement to keep books and records. CRA can request that the taxpayer keep records for longer than six years. The experienced certified Tax accountants at Tax Doctors Canada help you keep your books and records in order and minimise the business taxes you pay.
Tax Doctors Canada has 3 office locations (by appointment only) in Toronto, Markham and Mississauga to serve you. You can also have one of our certified tax accountants assist you with your personal tax return requirements remotely from the comfort of your home utilizing Tax Doctors Canada's secure document transfer portal. We accept clients from Canada and worldwide.
Free Initial Phone Consultation
Tax Doctors Canada offers a stress free Initial Phone Consultation with one of our professionally certified tax accountants. We Welcome Your Business!
Do not hesitate any longer. Contact Us by Email or call 1 855 TAX DOCS (+1-855-829-3627) for a free no obligation consultation and get your back taxes done stress free.
To Busy for Tax Related Paper Work?
Business owners get very busy operating their businesses and understandably so. What you rather do? Run the business and make a profit or get stuck in some room doing paper work for the government? However, this could be a trap. CRA has a requirement to keep books and records. If you get audited, you can’t use the gambit of I didn’t keep any books or records as a defence. CRA requires that the taxpayer keep books and records for six years. The six year period starts at the end of the applicable tax year. CRA can request that the taxpayer keep records for longer than six years.
Taxpayers may also be subject to penalties in the following situations:
- The taxpayer fails to keep books and records
- The taxpayer does not provide CRA officials with access to the records, when requested
- The taxpayer does not provide CRA officials with information when asked
On a summary conviction, a taxpayer may be subject to imprisonment and / or a fine. An Ontario resident pleaded guilty in the Ontario Court of Justice to one charge of failing to keep proper books and records as required by the Income Tax Act. He was fined $16,500.
Let Tax Doctors Canada help you keep your books and records in order
The experienced certified tax Accountants at Tax Doctors Canada can help you ensure that your books and records are in proper order; consequently, protecting you from punitive CRA actions. Concentrate on your business; let Tax Doctors Canada take care of your business tax accounting needs and reduce your taxes.
Tax Doctors Canada has 3 office locations (by appointment only) in Toronto, Markham and Mississauga to serve you. You can also have one of our certified tax accountants assist you with your personal tax return requirements remotely from the comfort of your home utilizing Tax Doctors Canada's secure document transfer portal. We accept clients from Canada and worldwide.
Free Initial Phone Consultation
Tax Doctors Canada offers a stress free Initial Phone Consultation with one of our professionally certified tax accountants. We Welcome Your Business!
Do not hesitate any longer. Contact Us by Email or call 1 855 TAX DOCS (+1-855-829-3627) for a free no obligation consultation regarding all your back tax filing needs. If you have back tax issues, the professional tax accountants at Tax Doctors Canada can negotiate a settlement for you with the tax department and possibly save you interest, penalties and prosecution.
