Posts Tagged ‘audits’

Real estate & construction industry: Budget sets sights on business owners & investors

Posted on: March 30th, 2017 by Real Estate Accountants 1 Comment
Budget 2017 and the Real Estate and Construction Industries

For those in the real estate and construction industries, it’s what wasn’t in the 2017 Federal Budget that should give pause for concern. While money for a national housing strategy is a plus, the potential attacks on key tax planning tools for business owners is worrisome. In contrast to the prior two budgets, this budget […]

GST/HST New Housing Rebate: 4 things every real estate investor must know

Posted on: October 27th, 2016 by Real Estate Accountants No Comments
Calculating GST/HST rebates

Receiving a GST/HST new housing rebate can mean a substantial chunk of money back in a real estate investors pocket to re-invest. However, the new housing rebate forms and process has some built-in difficulties that can mean the money that should be coming to you will stay firmly in the government’s hands. While the process […]

CRA Liason Officer Program – An audit in sheep’s clothing?

Posted on: May 19th, 2015 by Real Estate Accountants 1 Comment
CRA Liasion Officer Program - Audit in sheep's clothing?

In 2014 the Minister of National Revenue announced The Liaison Officer Initiative. The CRA will provide in-person information to small and medium enterprises at key points in their business cycle to help them get “right from the start”. Sound innocuous enough right? In fact, it sounds wonderfully helpful. Maybe not. Now that the initiative is rolling […]