CRA Processing Times

The focus of our firm is to provide our clients with timely service whenever possible. One of the reoccurring frustrations that we are finding both by our clients and our office, are the lengthy CRA processing times. Below we have provided a list of CRA’s standard processing times for some of the more common returns…

CRA Review Letters and Initiatives: What is required?

Review Letters CRA regularly conducts a number of review activities to ensure compliance with tax laws since Canada’s tax system is based on self-assessment. This means that individuals voluntarily complete their income tax returns to report their annual income and deductions or credits, ultimately leaving individuals to calculate the amount owing or the refund to…