Archives for CRA

working-in-canada

Working In Canada

If you are considering working in a new country there are many things you need to learn to avoid unexpected surprises. This can include the work culture, the immigration requirements and the tax system.  The Canadian government has several programs...
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Beware that your Non-U.S. Financial Institutions May Be Sharing Your Financial Account Information with the Internal Revenue Service

The Foreign Account Tax Compliance Act (FATCA) was enacted by the United States (U.S.) Congress in March 2010 to prevent U.S. persons/taxpayers from evading taxes by using foreign accounts. Under FATCA regulation individuals are required to provide full details of...
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Bonding and Internal Controls

Even with the best practices in “Internal Controls” your business may still be at risk due to opportunities for collusion and wrongdoings that can lead  to significant business exposures and losses. Most of us have heard the horror stories about embezzlement,...
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CRA Audits of SRED Claims

Are Your SRED Claims being audited by the CRA? Are you concerned that your claim may be disallowed or your refund amount reduced? AG Tax Chartered Accountants have helped countless clients to resolve their SRED tax refund issues with the CRA. There has been...
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What is the SR&ED Program?

The Canada Revenue Agency (CRA) provides various tax benefits in the form of tax credits and deductions to promote research and development, amongst these various benefits is the ‘SR&ED Program’.  However, many Canadian taxpayers are not well aware of this...
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