Penalties vs. Taxes: What’s the Difference?
Receiving an unexpected assessment from the Canada Revenue Agency (CRA) can feel overwhelming, often...
Read More
Repeated Failure to File Income Tax Penalty: What You Need to Know
Under Canada’s income tax system, taxpayers are obligated to calculate, report, and pay their taxes...
Read More
Guide to Filing a Notice of Objection and Extension of Time Application
Under subsection 150(1) of the Income Tax Act, taxpayers in Canada are required to file an income ta...
Read More
Do I Have to Submit to an Oral Interview During a Tax Audit? CRA Policy Explained
Since December 15, 2022, the Canada Revenue Agency (CRA) has the authority to require taxpayers or r...
Read More
Tax Consulting & Planning: Expert Strategies for Individuals and Businesses
At Tax Partners, we pride ourselves on being trusted advisors for individuals and businesses seeking...
Read More
Understanding Income Tax Statute-Barred Periods
When taxpayers are initially assessed for income tax or GST/HST, they receive a Notice of Assessment...
Read More
December 24, 2024