Many taxpayers receive requests for information from the Canada Revenue Agency. Often the requests are for something simple, like supporting documents for your claim for charitable donations or medical expenses. But sometimes, the requests are in the form of a lengthy questionnaire, a request for a meeting, or perhaps a telephone call[1]. You may be […]
New CRA Audit Project: Car Expenses
It appears that the Canadian Revenue Agency (CRA) has a new project: corporate car expenses. This change comes as a surprise as previous correspondence from CRA was proposing to disallow personal car expenses for owner managers. In CRA correspondence that we have seen of late, the focus is on those companies that had an […]
