Federal and BC Government Response to the COVID-19 Crisis – For Canadian Small Businesses

It is March 28, 2020 today.  At the end of this week, BC government and Ottawa came up with some huge assistance for small businesses which I will cover here.   I expect their response to only grow as time goes on and I will keep you abreast on new matters. First, Ottawa response and the official link is below.

Read More

A Busy Summer for the CRA Auditors

Vancouver enjoyed excellent weather during the 2019 summer months without smoke to block the sunrays. CRA Audits Vancouver Businesses While the taxpayers were busy vacationing, the CRA was very busy sending out tax review letters to many businesses. Based on my own experience and conversations with colleagues, a massive fishing expedition was underway this spring and summer.  Many businesses are

Read More

It is Reassess First, Ask Questions Later Era at CRA

There is a trend taking place in the last twelve months.  The number of CRA reviews that I am dealing with have increased noticeably.  Many of these reviews are not for an earth shattering amount of GST or income taxes being reviewed.  They are what I would call random audits to see if the taxpayers randomly chosen are being honest

Read More