Tax Court Services

If you disagree with the Canada Revenue Agency’s (“CRA”) decision resulting from an audit or objection, you can appeal the assessment or determination to the Tax Court of Canada (“TCC”).

Voluntary Disclosure

Second chances don’t often happen in life.  Have you failed to report income, overstated your expenses, or were you unaware that you were required to disclose foreign assets?

Taxpayer Relief 

Do you have a tax debt that seems impossible to pay off due to the high interest rates and penalties imposed by the CRA?  Did you realize that both interest and penalties are discretionary charges?
Tax Debt

Are you unable to pay your bills or operate your business due to your bank account being frozen by the CRA? Having difficulty refinancing your home because the CRA has a lien on your property?

If the tax auditor believes that a tax return was filed incorrectly or contained inaccurate information, it is likely that the taxpayer will be reassessed by the Canada Revenue Agency.

Unfiled Returns

If you have unfiled tax returns, the CRA may have filed arbitrary returns for you. These are fake returns created to get your money! Rosen Kirshen Tax Law knows what it takes to get you filed up to date, and get you back on track with your tax reporting obligations.
How Much is Income Tax in Canada in 2018?

How Much is Income Tax in Canada in 2018?

23.04.2019 / by Jeff Kirshen / 0 comments

Canadian income tax rates vary according to the amount of income a taxpayer earns. In addition, taxpayers pay different rates on different portions of their income, pending which bracket the income falls under. Canada has what is considered a “marginal…

Schedule 7RRSPs in Canada

Schedule 7: RRSPs in Canada

16.04.2019 / by Jeff Kirshen / 1 comments

Schedule 7 is a form that is attached to your Income Tax Return and it calculates your Registered Retirement Savings Plan (RRSP) deduction. The RRSP deduction lowers your taxable income, which means you pay less taxes than you would if…

TFSA Contribution Limit

TFSA Contribution Limit

8.04.2019 / by Jeff Kirshen / 0 comments

A Tax-free savings account (TFSA) is a registered investment account that allows Canadian residents to earn tax-free money on certain types of investments. TFSAs are a great way for Canadians to save towards their financial goals, as they provide a great…

Cryptocurrency Audits and the CRA

Cryptocurrency Audits and the CRA

22.03.2019 / by Jeff Kirshen / 1 comments

Recently, the Canada Revenue Agency has sent out a 13 page questionnaire to those it suspects of owning cryptocurrencies or digital currencies. These are currencies such as Bitcoin, Etherium, Litecoin, etc. The purpose of the questionnaire is to start the…