Notice of objection
Savings: $170,000
Our client, a real estate agent, was audited and her business expenses were drastically lowered. We filed a notice of objection and had the expenses allowed in full, saving her over $170,000.
Fighting on behalf of our clients
Tax court hearing
Savings: $2,300,000
RKTL negotiated a favourable settlement during a tax court hearing, saving our clients $2,300,000 in tax payable.
Net worth audit
Savings: $513,000
A client came to us following a net worth audit. We drafted a notice of objection with legal representations arguing the audit results were incorrect. We were then successful in having $513,000 removed from the assessed amount owing.
Objection
Savings: $1,100,000
Following an objection done by RKTL, a client of ours went from owing the CRA over $500,000 to a refund of over $645,000. The CRA agreed that multiple property sales were not taxable and the taxpayer was entitled to the Principal Residence Exemption. An overall savings of $1,100,000.
Tax court
Savings: $490,000
A client came to us after being assessed over $470,000 of GST/HST owing for the sale of a home. We filed a notice of appeal to the Tax Court of Canada and were able to prove that GST/HST was not chargeable on the sale of the home.
What was a $470,000 debt to the CRA turned into a $490,000 credit. Meaning, the client was refunded $19,000.
Notice of objection
Savings: $70,000
Our client came to us needing help, and we fought hard and got over $70,000 removed following our notice of objection. The CRA agreed that the unreported income they previously assessed did not exist.
TFSA Relief Request
Savings: $25,000
Our client was assessed a penalty for over contributing to his TFSA. We drafted and filed a TFSA Relief request, and the penalty was removed in full.
Audit
Our client was being audited for the sale of two homes. We drafted representations arguing the client was entitled to the Principal Residence Exemption in both cases, and convinced the CRA to close the audit with no changes.
Taxpayer Relief
Our client was hit with an extremely large amount of penalties and interest due to the late filing of a 2014 personal tax return. We filed a taxpayer relief request and CRA agreed to provide relief of almost $100,000 which was removed from the amount owing.
Notice of Objection
The CRA denied our client’s Input Tax Credits because they claimed he was an agent acting on behalf of a foreign principal. We filed a notice of objection arguing that was not the case, and we were successful in full. This lead to a result of a refund of over $250,000 for our client.
Notice of objection
Savings: $447,000
Our client was assessed over $400,000 of GST/HST on the sale of his home. We filed a notice of objection arguing he should be exempted from GST/HST and we were successful in full. Not only did we remove all of the amounts owing, but our client received a refund of over $20,000 as well.
Notice of objection
Savings: $800,000
As a result of RKTL intervention, gross negligence penalties were removed, taxable income was lowered and many previously denied expenses were allowed. Our client went from owing nearly $800,000 to the CRA, to a refund position.
Notice of objection
Savings: $70,000
Our client, a real estate agent, was denied her business expenses following a CRA audit. We assisted with a notice of objection and were able to get her expenses allowed in full. This resulted in a $70,000 refund being paid back to her.
Notice of objection
Savings: $200,000
RKTL got involved at the appeals stage, and we have removed nearly $200,000 from the taxpayers income. The CRA agreed with our representations and allowed additional business expenses.
Audit
Savings: $200,000
We were able to remove over $200,000 from a potential CRA GST/HST assessment due to our audit submissions.
Payment plan
Savings: Structured payment plan
Dealing with CRA collections can be tough. This letter shows a payment plan we got for one of our clients to ensure that no legal action was taken against them.
Notice of objection
Savings: $28,000
Following an RKTL objection, our client saved over $28,000 in taxes. The CRA agreed with our submissions that gross negligence penalties should be deleted and additional business expenses should be allowed.
Notice of objection
Savings: $200,000
After a notice of objection, we were able to save our client nearly $200,000. The CRA agreed that the sale of their home was subject to the Principal Residence Exemption.
Notice of objection
Savings: $155,000
Following an RKTL objection, we were able to remove over $155,00 from our client’s CRA balance. We were able to successfully argue the unreported income claimed by the CRA did not exist.
Notice of objection
Savings: $140,000
We saved our client over $140,000 after objecting to the CRAs audit results. We successfully proved to the CRA their net worth audit was incorrect.
Notice of objection
Savings: $140,000
We saved our client over $140,000 after objecting to the CRAs audit results. The CRA agreed that the taxpayer was entitled to additional rental and business expenses.
Net worth audit
Savings: $300,000
A client came to RKTL after a net worth audit owing the CRA over $300,000. Due to our intervention, that client now owes a little under nine dollars because the CRA agreed that a net worth audit was not correct and reversed its entire position.
Notice of objection
Savings: $45,000
A client came to RKTL after battling with the CRA for three years.
We were able to prove what the client was claiming, thereby dramatically decreasing the income.
This resulted in a large refund for the client.
Notice of objection
Savings: $55,000
RTKL was able to reverse a clients entire CRA debt and even get them a refund. We argued that the taxpayer’s income was inflated and various expenses should have been allowed. This was accepted by the CRA. Savings of over $55,000.
Taxpayer refund
Savings: $48,000
One of our clients had been fighting hard with the CRA for over 15 years before coming to RKTL.
It took some time but we were successful in full. This work resulted in a $48,000 refund to the taxpayer.
Change of residency status
Savings: $1,385,000
After a long fought battle, RTKL was able to save our client over $1,385,000 by having him declared a non-resident of Canada for tax purposes.
Notice of objection
Savings: $116,250
Our client paid an extra $116,250 when purchasing a property. Now, because of our submission, that client will be receiving that money back in full.
Voluntary disclosure
Savings: 0% Interest/No Penalties
We were able to negotiate a 0% interest rate and no penalties over a nine year period for this client.
CRA refund
Savings: $650,000
Due to RKTL’s representation, our client received a refund from the CRA for over $650,000. The taxpayer was wrongly assessed as an agent acting on behalf of a foreign principal. We were able to reverse that decision resulting in a large amount of GST/HST being refunded to the client.
CRA payment plan
Savings: Structured payment plan
We assisted a client with obtaining a very favourable payment plan with the CRA. We ensured that their income would not be garnished and their home would not have a lien placed on it.
Tax court representation
Savings: $70,000
After our successful tax court representation, our client saved nearly $70,000. We were able to reverse a CRA decision on the deductibility of loans and capital cost allowance.
CRA refund
Savings: $60,000
We were able to secure our client a refund of over $60,000 by releasing ten year’s worth of child tax benefits that were wrongly being withheld by the CRA.
Taxpayer relief
Savings: $70,000
A taxpayer came to us because he was having trouble paying his tax bill due to large amounts of penalties and interest. We assisted with a taxpayer relief request.
A few months later he received relief to the tune of $70,000.
Director’s liability assessment
Savings: $300,000
We were successful in reversing over $300,000 in director’s liability assessments.
Notice of objection
Savings: $100,000
We fought the CRA and successfully removed over $100,000 of taxable income for our client. The CRA agreed that the taxpayer was not a resident of Canada for tax purposes and therefore, the income earned was not taxable in Canada.