Tag: tax return

Objecting to the CRA assessment of your tax return

Tagged CRA, tax return, canada revenue agency, audit, tax appeals;

The Auditor General of Canada in its 2016 report indicated that there may be cases where taxpayers disagree with the Canada Revenue Agency's (CRA) assessment of their tax returns.

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The cost of exceeding your allowable RRSP contribution

Tagged tax return, income tax, RRSP, RRSP deductions, taxpayer, income tax act;

Under the Income Tax Act, contributions to an RRSP that exceed your RRSP/PRPP deduction limit by more than $2,000 can result in harsh penalties.

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Our team relies on the audit and finance skills of Durand and Associates. They do our annual audit and advise on key strategic business matters. Ken has a wide range of knowledge and tremendous experience. We would wholeheartedly recommend Ken and his group.

Bill Bayles, CEO Courage Company Holdings

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