tax assessment is the CRA simply guessing what you owe. they really have no idea because every single thing that they decide upon is what you tell them. if you made $10 million dollars a year from age 18 to age 50 they would never know if you never told them. every time that you get assessed and you don't like what they say, you have to object and ask for an appeal date. they do not like appeals because they have to pay the Department of Justice $10,000 for each court date and the Department of Justice has really useless lawyers let me tell you that! if you're getting assessed and you don't like it let's appeal. if they give you a very difficult time then we simply redo your taxes for that particular year and send it to a different office! either way we're going to win and the CRA is going to lose but only if I'm your tax guy.
#ALBERTA #EDMONTON #CALGARY #YYC #INCOME #INCOMETAX #CRA #CANADA #CANADAREVENUEAGENCY #QUEBEC #CORPORATETAX #TAXPLANNING #TAXHELP #TAXES #CANADIANTAX
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Tune In Tuesday June 2nd at 9 PM Eastern
🚨💰 TIK TOK INCOME & CRA | THE CRA IS WATCHING YOU | The Tax & Money Show Episode 114 💰🚨
Are you making money on TikTok? 🎥💵 You could be earning income from livestream gifts, sponsorships, affiliate commissions, TikTok Shop sales, coaching, or digital products. What many creators don't realize is that the CRA may consider all of it taxable income. Tonight, Kevin J. Johnston breaks down what every content creator needs to know before tax season arrives.
📱💸 Many Canadians believe that small amounts of online income don't matter, that PayPal payments can't be tracked, or that foreign payments go unnoticed. These are some of the biggest mistakes creators make. Kevin will expose the myths and explain what the CRA is really looking for when it comes to social media income.
📊🧾 Learn about common CRA audit triggers, GST/HST concerns, bookkeeping mistakes, and why poor record keeping can turn a successful side hustle into a tax nightmare. If...
🚨 TONIGHT ON THE TAX & MONEY SHOW 🚨
Farmers, Landlords & Capital Gains: Beat The Tax Storm | The Tax & Money Show | Episode 113 💰🚜🏠
Canadians are scared. The CRA is watching farmland sales, rental properties, capital gains, and family transfers closer than ever before. 😳💸 Tonight, Kevin J. Johnston, Canada’s foremost tax expert, shows you what the CRA is doing and how to protect yourself before it costs you thousands.
Every day, Kevin defeats the CRA for Canadians who are under attack from audits, reassessments, penalties, and tax traps. 🧾⚠️ If you own farmland, rental property, or plan to pass assets to your children, this episode could save you money, stress, and years of trouble.
The CRA is going after landlords. They are reviewing principal residence claims. They are reassessing capital gains. They are targeting farmers and families who make simple mistakes they never knew were dangerous. 🚜🏡💵 Kevin explains the traps and how to stay protected.
This is not ...
The TAX & Money Show - Tuesdays at 9PM Eastern
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Your Tax Questions Answered
The TAX & Money Show - Tuesdays at 9PM Eastern
You Ask, Kevin J. Johnston Answers.
LIVE ON: www.TheTaxAndMoneyShow.com
and
www.TikTok.com/@RealKevinJJohnston
and
www.X.com/KJJTAX
#Tax #CRA #Canada #YYZ #YYC
