The marginal tax rate is the percentage of tax you will pay, which is based on the amount of income you earn. The more money you make, the more tax you are expected to pay. This approach is otherwise known as…
×
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?
Objection
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.
SCHEDULE A FREE CONSULTATION
The Canada Revenue Agency’s (CRA) Schedule 5 is used when taxpayer’s want to claim an amount for an eligible dependent, the amount for an infirm dependent age 18 or older, a caregiver amount, or an amount for a spouse or…
CRA Schedule 1 A Schedule 1 Federal Tax Form, or a CRA Schedule 1 as some people call it, is used to calculate the percentage of your income you are going to pay as taxes. If you are looking at…
What Kind of Medical Expenses are Tax Deductible in Canada?
11.12.2018 / by Jeff Kirshen / 0 commentsWhile health care in Canada is publicly funded, there are various out-of-pocket medical expenses that taxpayers incur on a daily basis. Examples include over-the-counter medications, eyeglasses, vitamins and other items not covered by provincial or private health insurance. What many…