by Sam Faris | Nov 18, 2025 | Tax Audit Help
With the federal government officially cancelling the proposed increase to Canada’s capital gains tax inclusion rate, first scheduled to come into effect for capital gains realized on or after June 25, 2024, then delayed to January 2026 before being scrapped... by Sam Faris | Oct 31, 2025 | Tax Audit Help
The average person might assume a CRA audit begins with a single issue, an overstated deduction, a late return, or missing receipts. Many audits start quietly, however, triggered by data analytics, lifestyle discrepancies, or financial patterns that don’t add up. Once... by Sam Faris | Oct 20, 2025 | Tax Audit Help
Owning a home in Canada has always carried financial responsibilities: mortgages, upkeep, insurance, etc., but lately, it also carries new obligations that many people never saw coming. Housing has become a lightning rod for policy, economics, and politics, and tax... 
by Sam Faris | Mar 12, 2024 | Tax Audit Help
The words “tax audit” often evoke a sense of fear and uncertainty among taxpayers, leading to a myriad of misconceptions and myths about the process. In Canada, the tax audit system is designed to ensure compliance and fairness in the tax system, yet many... 
by Sam Faris | Feb 8, 2023 | Tax Audit Help
According to the CRA’s web pages on audits (there’s one for individuals and one for businesses), “The CRA’s risk-assessment systems identify tax returns that are considered to be at high risk for non-compliance.” In other words, the likelihood of tax reporting... by Sam Faris | Jan 5, 2023 | Tax Audit Help
Tax issues rarely show up at convenient moments, so most people only dig into the rules when something triggers that uneasy feeling that the CRA might take a closer look at their return. It’s a common experience, and it often comes from wanting clarity rather than... 