Commissioner and chief executive of the Canadian Revenue Agency reminds us in a story in the Financial Post that there are no random audits in Canada. If your tax return is selected for audit, the CRA has identified some aspect of your return, be it a deduction claimed or an industry that it is focusingContinue reading “Audits don’t happen randomly”
Tag Archives: CRA
How to read the Income Tax Act
Continuing the new post series where I answer readers’ questions they’ve Googled to find my site, as logged by 103bees.com, the next one is sent chills down my spine: “How to read the Income Tax Act?” The last time I cracked open the Act, it was probably tax class in university. Once you’re done thoseContinue reading “How to read the Income Tax Act”