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Keyword: Tax audits

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CRA signage

CRA has identified more than 2,500 groups that belong to the GHW population

receiving taxes owed

If proposals pass, CRA can impose harsh new penalties and compel taxpayer testimony under oath

Man reads legal document carefully using magnifying glass

Administrative changes are welcome in an area fraught with uncertainty

CRA signage

Actions may include taking payments from wages or bank accounts

Tax returns storage

Agency assessed $2.7 billion in additional tax and penalties from 2015 to 2023

Most adjustments were related to calculation errors and lack of documentation rather than ineligibility

Filing a tax document online

Amid automatic tax filing, a proactive approach is required

Agency had been directing taxpayers to contact a CRA official before speaking with their tax advisor

IRS tax

Agency appears to be making a case for sustained funding as it tries to avert budget cuts

Government said records were being sought to verify that merchants were obeying tax acts