Tax Avoidance vs. Tax Evasion: What’s the Difference?
Understanding the difference between tax avoidance and tax evasion is crucial to staying compliant with CRA regulations. Learn how to navigate tax planning safely and when to seek legal guidance to protect your finances. Read more to stay on the right side of the law!
Facing Tax Evasion Charges? Why You Need a Tax Lawyer
Accused of tax evasion? A tax lawyer could investigate the claims, negotiate with the CRA, and provide legal defense. Don’t face the Tax Court of Canada alone. Learn how expert legal support can make all the difference.
7 Steps to Address Unfiled Canadian Tax Returns
Struggling with unfiled tax returns? This step-by-step guide walks you through gathering documents, assessing your situation, and exploring options like the CRA’s Voluntary Disclosures Program. Learn how tax lawyerx could support you with past returns, negotiations with the CRA, and tips for a better control of your tax situation.
Unfiled Tax Returns: How a Tax Lawyer Can Help You Comply
Unfiled tax returns can lead to penalties, CRA assessments, and even legal trouble—but you don’t have to face it alone. Learn how a tax lawyer can help you file overdue returns, challenge unfair assessments, and navigate CRA disputes with confidence.
Shareholder Benefits from Subsection 15(1) of the Income Tax Act (Canada)
Are You Receiving Taxable Shareholder Benefits Without Realizing It?
Subsection 15(1) of the Income Tax Act prevents shareholders from extracting corporate assets tax-free. Understanding how this rule applies can help you avoid unexpected tax liabilities. Learn how to protect yourself from costly reassessments and ensure compliance with CRA regulations.
What is a Subsection 160(1) Assessment Under the Income Tax Act (Canada)?
If you’re transferring property to a family member or related party, be cautious—Subsection 160(1) of the Income Tax Act (Canada) can hold the recipient responsible for your unpaid tax debts. Learn how this provision works, the conditions for its application, and how to avoid unexpected liabilities.
What Is The Normal Reassessment Period?
Wondering how long the CRA can reassess your tax return? The normal reassessment period typically lasts 3 years for individuals and Canadian-controlled private corporations, and 4 years for other types of corporations and GST/HST returns. Learn what you can do if you’re facing a reassessment outside the normal period and how to protect yourself from unwanted surprises.
Net Worth Audits: What You Need to Know
Concerned about a Net Worth Audit from the CRA? These audits are used when the CRA suspects a mismatch between your reported income and lifestyle. Discover how the CRA conducts these audits, how they calculate net worth, and what happens if they find discrepancies.
What Is A Gross Negligence Penalty?
A Gross Negligence Penalty can significantly impact your tax situation. Whether it’s underreporting income, inflating deductions, or failing to report offshore assets, these penalties can be severe—up to 50% of the understated tax or overstated credits. Learn how this penalty works, how it’s calculated, and what defenses may be available if you’re facing one.
Am I a “Builder”?
If you’ve constructed or bought a new or substantially renovated home in Canada, the CRA might consider you a “builder”—even if you never picked up a hammer. Learn how the Excise Tax Act defines a builder, when GST/HST applies, and how personal-use exemptions could protect you from unexpected tax obligations.
Am I At Risk of Being Targeted For a “Builder” Audit?
Have you recently sold or renovated a home in Canada? You might be on the CRA’s radar for an HST Builder Audit—whether you think you’re a “builder” or not. Learn what triggers these audits, what to expect, and how to protect yourself from unexpected tax liabilities.
5 Steps to Take After Receiving a CRA Notice of Reassessment
Just received a CRA Notice of Reassessment and feeling overwhelmed? Don’t panic—this blog walks you through five clear, practical steps to respond effectively, understand what changed, and take action if necessary. Whether it’s a simple error or a complex dispute, find out how to protect your rights and when to call in a tax lawyer.
Do Tax Lawyers Go To Court?
Wondering if tax lawyers actually go to court? They do—and their courtroom expertise could be exactly what you need if your tax issues escalate. From fighting CRA reassessments to defending you against audits and tax penalties, discover how a tax lawyer can protect your rights when it matters most.
What You Need to Know About Taxes As a Canadian Living Abroad
Are you a Canadian living abroad and unsure about your tax obligations? Whether you’re classified as a non-resident or a deemed resident, understanding how Canadian taxes work overseas is crucial. This blog unpacks residency rules, tax treaties, and filing requirements—and explains how a tax lawyer can help you avoid double taxation and costly mistakes.
What Can Taxpayers Do If They Can’t Pay Their Taxes?
Feeling overwhelmed by tax debt or a CRA reassessment? You’re not alone—and there are options to help you manage the situation. Learn how a tax lawyer can guide you through these options and help you find the best solution for your financial future.
What Happens if You Don’t Pay CRA Taxes? – Insights from a Tax Lawyer
When it comes to taxes, many Canadians are relieved once the tax season is over. But what happens if you fail to pay your taxes or fall behind on your obligations? Not paying your taxes may seem like an easy fix, but in reality, the consequences can be severe, with penalties, legal actions, and financial […]
How Can the VDP Assist Taxpayers & Why You Need a Tax Lawyer
Few things in life are as stressful as opening a letter from the Canada Revenue Agency (CRA) to discover a tax reassessment. You may be wondering, what did I do wrong? How can I fix this? If you have made errors or omissions on past tax returns, the CRA’s Voluntary Disclosure Program (VDP) might just […]
4 Common CRA Penalties and How a Tax Lawyer Can Help You Avoid Them
When it comes to taxes, even small mistakes can lead to major headaches. If you have received a CRA penalty, you know how quickly things can escalate. The Canada Revenue Agency (CRA) is known for issuing hefty fines, and these penalties can be difficult to manage without the right guidance. Whether it is for failing […]
How to Choose the Right Tax Lawyer for Your CRA Tax Dispute
Dealing with a CRA tax dispute can be overwhelming and stressful. Whether you are facing a CRA appeal or you are worried about the potential for your case to escalate to the Tax Court of Canada, it is normal to feel lost or uncertain. But the good news is, with the right tax lawyer in […]
Are Tax Lawyers and Tax Consultants the Same?
When it comes to handling your taxes you may get overwhelmed by the number of professionals offering services. Among them, tax lawyers and tax consultants play crucial roles, but they are not the same. Understanding the difference between the two can help you make a more informed decision when seeking assistance for your tax needs. […]
4 Benefits of Hiring a Tax Lawyer for Your CRA Tax Dispute
A CRA audit, or any tax dispute really, is enough to make anyone anxious! If you are currently dealing with a CRA audit or dispute, the stress can feel overwhelming. But there is no need to panic. A tax lawyer for CRA audits can offer the support and expertise you need to navigate this challenging […]