Receiving an audit letter from the Canada Revenue Agency (CRA) can be unsettling, but it’s important to remember that audits are a standard part of the tax process and don’t necessarily imply that you’ve done anything wrong. The CRA conducts…
If you’ve received a notice from the Canada Revenue Agency (CRA) stating that you owe taxes and are being placed under collections, it can be stressful and overwhelming. However, it’s important to remember that you have options and there are…
Life happens, and sometimes, filing taxes can slip through the cracks. Whether it’s due to personal challenges, financial hardships, or simply forgetting, you might find yourself in a situation where you haven’t filed your taxes in several years. While it…
For Canadian accountants, staying updated with tax terminology and regulations is crucial for providing accurate advice to clients. One pair of terms that often comes up in corporate taxation are NerdToH and RDtoH. These concepts, though somewhat technical, are vital…