January, 2013

Is CRA Targeting Your Recent Filings?

This is one of the articles that I receive periodically from Ledgers Canada (www.ledgers.com), and I thought it might be informative for Canadian tax filers. In 2010, CRA started a letter campaign with the purpose of educating individuals about their tax obligations and to encourage taxpayers to correct errors or inaccuracies in prior year tax returns. Well, they are back. Beginning in January...

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Scanned Documents: Exceptable as Proof in a Canadian Audit?

As a new year is now starting and more and more businesses are storing records in electronic format, I thought I would shine some light on the subject by way of an article I came across. The below article was written by Greg Lam of www.smallbusinessdoer.com/, “an online small business education site that focuses on the money and tech side of things.” Can you throw away – or...

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