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As mentioned in our last blog, the most common documents that the CRA asks for in validating your eligibility for benefits and credits pertain to marital status, residency and primary caregiver. Marital Status If you don’t report your correct marital status, it can affect the calculation of your child and family benefits and credits.  The most common errors include defining if you are separated or living with a spouse or common-law partner. You might not be considered separated if you decided to separate but still live together or you now share a household after a period of living apart. A common-law...
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There are instances where the CRA has to validate your eligibility for benefits and credits.  They might ask you for documents in order to make sure that the right benefit and credit is paid to the right individual, to inform individuals about their eligibility and entitlement to benefits and credits and to maintain the integrity of child and family benefit and credit programs. The CRA’s review may increase or decrease your benefit, depending on the results of the review. To start the validation process, typically, the CRA sends the individual a letter or questionnaire.  You will need to reply to the...
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Each year, the CRA conducts reviews of selected income tax returns to promote compliance with the laws it administers.  It is important to know that when the CRA selects your income tax return for review, it does not represent a tax audit.  There are 4 review programs conducted by the CRA namely: -       Pre-assessment Review Program which is conducted before a Notice of Assessment is issued, -       Processing Review Program which take place after a Notice of Assessment is issued, -       Matching Program which takes place after a Notice of Assessment is issued and compares a taxpayers tax return to the...
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On our last blog, we introduced you to some of the basics about CRA’s review program of tax returns.  As mentioned before, a CRA review does not mean you are being audited. Under the CRA review program, the CRA reviews various income amounts, federal and provincial/territorial deductions and credits claimed on a tax return to ensure that amounts are reported correctly and that they are properly supported. There are 4 types of CRA review: Pre-assessment Review Program: this review is conducted before a Notice of Assessment is issued, usually from February to July. Processing Review Program:  this review takes place after...
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