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Jan

02

2020

The CRA is Giving Misleading Tax Advice

By Tax doctors Canada

Based on a recent test of the Canada Revenue Agency conducted by the Agency itself, 25% of businesses who call in to get tax help receive wrong and misleading advice. This is truly worrisome considering that one of the CRA’s top priorities is to disseminate accurate tax related information to Canadians.

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John's Case Study - $400,000 lien removed from client’s home because of back taxes

John was a very busy man operating his super market business. As many individuals do, he neglected to file corporate income tax returns and payroll remittances for about four years. Canada Revenue Agency (CRA) was not impressed with John. CRA sent numerous letters to John reminding him of his obligation to file the corporate tax and payroll remittances.

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