News

Did you know that Canada Revenue Agency (CRA) has a letter writing campaign designed to “facilitate behavioural changes among a selected taxpayer population…”?

For over five years, CRA has been sending out letters to selected taxpayers to see if these letters result in any T1 Adjustment Requests or Voluntary Disclosures.  This January, CRA will  send more letters to “selected groups of individual taxpayers and business owners who claim consecutive business or rental losses or who are employees claiming employment expenses on line 229 of their tax return.”  We recommend that you use our office to respond on your behalf to these letters.

Please note that CRA states their objective of this letter campaign is to encourage letter recipients to review and correct their taxes and understand their tax obligations.

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