Apr 7, 2018
In today’s volatile real estate market, there is absolutely no doubt that the Taxman will register a tax lien against your house. It’s your biggest asset and the surest way for him to secure your tax debt and get paid. If you stay calm and act reasonably, there are...
Apr 7, 2018
It’s a tremendous violation of your personal property. One day you use your debit card at the gas station, or the grocery store, and the transaction is declined. You call your bank, and the answer makes your blood run cold. The Canada Revenue Agency has issued a Third...
Apr 3, 2018
“If you owe tax,” says prominent tax lawyer Paul DioGuardi, “ The Canada Revenue Agency can and will target your bank account, your wages, even your home equity. And once CRA has target lock on you …. game over. Unless you change the game.” Hear more: DioGuardi...
Apr 2, 2018
Up until 2015, if your employer provided a signed T2200 form, and your vehicle, cellphone, meals and home office expenses fit within industry guidelines, the CRA likely accepted your expenses and gave you a nice tax refund. All that changed with the new Liberal...
Mar 27, 2018
With the tax deadline only a few weeks away, here are three things you need to know if you haven’t filed for a few years. Filing now, in a batch, is likely to have all your returns audited. You’ll need to make sure you have receipts for every tax credit or...
Mar 16, 2018
Come tax time, Canadians and their media are obsessed with tax refunds. Getting money back when you file your tax return seems to be the greatest good, and the standard by which tax preparers are measured. Mobile signs on street corners advertise BIGGER refunds....