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CRA SPECIAL ASSESMENT PROGRAM

CRA Launches Special Assessments Program: Rental & Business Loss Claims Under Review

As post-tax season assessments ramp up, many Canadians are receiving unexpected review letters from the CRA — particularly those claiming rental or business losses. While it may seem tempting to handle these inquiries alone, doing so could cost you. In this article, Tax4Less.ca explains why professional representation can make the difference between accepted claims and denied deductions. Learn what CRA is targeting this year, how to respond effectively, and why getting expert help is more critical than ever.

Work From home CRA Decuctions 2025

Tax Filing in Ontario for 2025: Work-from-Home Deductions Explained

Introduction As we enter the 2025 tax season, individuals across Ontario must prepare to file their taxes accurately and efficiently....

Free tax Filing-Filing by Invitation

CRA’s Free File Pilot: Should You Accept the Invitation?

The Canada Revenue Agency (CRA) is piloting a Free File by Invitation program for 2 million Canadians in 2025. If...

Flowchart of income flow between an operating corporation, holding Incorporation, and shareholders for tax savings

Tax Savings with a Holding and Operating Incorporation Structure

Incorporating your business can offer a range of tax benefits, especially for business partners seeking to reduce their personal tax...

#CanadianIncorporation #CorporateGovernance #DirectorsDuties #ShareholdersRights #CanadaBusinessLaw #CorporateCompliance #FiduciaryResponsibility #IncorporationCanada #BusinessOwnership #CanadianCorporations

Duties of Directors and Shareholders in Canadian Incorporation

Key Duties of Directors and Shareholders in Canadian Corporate Incorporation Incorporating a business in Canada involves specific roles and responsibilities...

Tax4less.ca -Book Keeping Course

Bookkeeping: Services, Courses, Jobs, and Essential Tools

Book keeping a beginers guide

Five Benefits of Incorporating Your Business in Canada

Incorporating a business is a powerful step toward financial growth and flexibility. Not only does it offer tax advantages, but...

Mastering Bookkeeping with QuickBooks Accounting System

Explore an in-depth guide to QuickBooks versions, comparing features and benefits for businesses of all sizes. Learn how Tax4Less.ca provides top-tier bookkeeping services and hands-on QuickBooks training to help you streamline your financial management.

What is a Bare Trust? Filing Requirements with CRA, Purpose, and Compliance

What is a Bare Trust? Filing Requirements with CRA, Purpose, and Compliance

Understanding Bare Trusts: Filing Requirements with CRA, Purpose, and Compliance In the realm of estate planning and asset management, a...

CRA Dispute Resolution

Requesting a Refund for Amounts in Dispute: CRA

When you’ve filed an objection with the Canada Revenue Agency (CRA) and certain conditions are met, you have the option...