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Late Tax Returns & Getting Mortgage or Credit

If I Ignore CRA’s Request to File Outstanding Returns – Tales of Two Taxpayers – submitted by Lilly Woo, CA, CFE, CFP It has been a strange summer for me. As the 2014 tax season came to an end on April 30, 2015, I was relieved as always and mentally plan for the lazy summer I wanted to enjoy. Then

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CRA Assessed You and Now You Owe More Taxes – What’s Next?

It’s been about a month since the filing deadline for your 2014 personal income tax returns. Since then, the CRA has been sending out notices of assessment or requests for more information. In some taxpayers’ cases, they have received a notice of assessment, which reflects different results from the tax return they have filed. In rare cases, the notice will

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