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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...
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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,...
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Talking with your local CRA office may help you in resolving your disagreements with the CRA.  This is one way you can try to resolve your concerns over the CRA’s assessment of your income tax return.  Note that it is always better to get your accountant to talk with the CRA to ensure that your concerns are fairly handled. If this does not work, you would need to file a Notice of Objection which will either result in a reassessment or a confirmation that the assessment was correct.  You may then have to appeal to the Tax Court of Canada. According...
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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,...
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