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CASE STUDY: Jonh was an individual in his 60s who found himself grappling with a personal tax balance owed to the CRA due to late filing of multiple tax years.

October 19, 2023

Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:

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You have been arbitrarily assessed…now what?

Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:

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Why can’t I contact my collections agent?

Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:

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Why ignoring the CRA is always a bad idea?

Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:

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Will interest accumulate on my CRA loan during my payment plan?

Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:

Read more

Ask The Experts with James Bell.

Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:

Read more

Why Should I Hire a Professional to Deal with the CRA?

Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:

Read more

What is a Taxpayer Relief Application and how do I qualify?

Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:

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Will the CRA settle my tax arrears for less than the full amount?

Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:

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What are the Taxpayer Bill of Rights and what do they mean to me?

Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:

Read more

Am I a House-Flipper? – New Rules to Consider

Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:

Read more