Blog posts tagged in notice of assessment
If you have received your Notice of Assessment and you think it is incorrect or you have additional information to provide the CRA, here are some points to consider so you can determine the best course of action to take. · If you want to provide the CRA with missing information for a tax return you have filed previously: You can generally ask for a change to your personal tax return for a tax year ending in any of the 10 previous calendar years. So you can ask for a change rather than filing an objection right away. · If you...
If you have received your Notice of Assessment and disagree with it, you have the right to object.
You can start by filing an objection with the CRA. Filing an objection is the first step in the formal process of resolving a dispute.
For individuals, you can file an objection whichever of the following two dates is later: - One year after the date of the return’s filing deadline or - 90 days after the day the CRA sent the Notice of Assessment.
If you are unable to file within the time limit mentioned above because of circumstances beyond your control,...
Now back to our story. The client got a letter shortly after the reassessment (read 7 days) which stated the following:
“Your notice of assessment showed you had a balance owing. That amount was due on the day you received the notice. Our records show that you have not yet paid this amount. The purpose of this letter is to inform you that if your outstanding balance remains unpaid, we may take legal action against you. This could include garnishing your income or bank account, or seizing and selling your assets”
Legal action?! Really?!
If you had not...
As mentioned in the previous blog, it is important, when filing an objection, to meet the filing deadline.
The article, “Notice of Assessment meet Notice of Objection,” by Jamie Golombek, mentions a case involving a certain Robert Roland who received Notices of Reassessments for the tax years 2003 and 2004 dated March 29, 2007.
“Mr. Roland attempted to object to these Reassessments by preparing and submitting Notices of Objection dated October 1, 2007 however the CRA, by way of a November 2007 letter, rejected his Notices since they were not received within 90 days of March 29th. In the letter, however,...