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CRA – The Straw that Breaks the Camel’s Back

At Mew & Company Chartered Accountants in Vancouver, we work with the Canada Revenue Agency (CRA) through an “honor system”, which means a business reports its income and expenses without having to remit receipts and bank deposit books to prove its accuracy. This honor system is an efficient and economical way to collect taxes. Many savvy business professionals know that

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Choose Your Professional Vancouver Accountant with Care

When an incorporated business in Vancouver calls asking for professional representation for a CRA audit, the first question I ask myself is “Why is the person who was paid to prepare the tax return not doing the representing?” A very common answer is something like “My wife who is not a professional accountant prepared the tax return. She does not

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Vancouver Business Tax Audit – When CRA Comes Knocking

If your Vancouver business receives a letter from the CRA (Canadian Revenue Agency) asking for documentation to support an HST or corporate tax return, it is not a good idea to deal with the matter on your own. Hire a Vancouver chartered accountant to represent you during the business tax audit. First of all, CRA auditors are accountants. When they

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