CRA started the fight, but we are ready for it
Our CATS protection Shield
To: All our Clients
We’ve just received this email from the Canada Revenue Agency. They are warning us that they are on the lookout for taxpayers that try to claim incorrect expenses.
All our clients files are protected by the famous CATS 5 start protection; However, it is worth knowing about this email.
The email goes like this:
“The CRA will send about 33,000 letters to randomly selected taxpayers who claim business or rental losses or are employees who claim employment expenses on line 229 of their tax return.
The campaign is part of the CRA’s efforts to encourage voluntary compliance among groups of taxpayers who, our research indicates, may be at risk of non-compliance.”
Our office strategy against this new procedures
We will continue doing what we always do. We will protect our clients and continue looking at their tax files from “AN AUDITOR PROSPECTIVE” which makes us and our clients ready for any unexpected audit or questions
Please share this email to all your friends in your email list
IT IS VERY VERY IMPORTANT TO JOIN OUR SOICAL MEDIA GROUPS TO BE UP TO DATE WITH ANY CAHNGES. NOT ALL CHANGES WILL BE SENT BY EMAILS