• CRA tax audit video part three: What are your rights?
    Articles,  Blog

    CRA tax audit video part three: What are your rights?

    Let’s face it. Being audited can be overwhelming. Having the right information, and knowing what to expect, can help. These videos explain the CRA’s tax audit process in three parts, and will cover: 1. Why do we audit and what is a tax audit? 2. What are your responsibilities and what happens during an audit? And 3. What are your rights? Welcome to part three. What are your rights? Your rights are outlined in the Taxpayer Bill of Rights, which states the 16 rights that apply to all taxpayers and registrants. In this video, we will mention three of the 16 rights that we want to highlight for you as…

  • Articles

    Overview of the Taxpayer Bill of Rights

    The Right to Be Informed, to Quality Service, to Pay No More than the Correct Amount of Tax. The Right to Challenge the IRS’s Position and Be Heard, to Appeal an IRS Decision in an Independent Forum. The Right to Finality, to Privacy, to Confidentiality, to Retain Representation; and the Right to a Fair and Just Tax System. These ten rights make up the Taxpayer Bill of Rights. When it was adopted by the IRS in 2014, the Taxpayer Bill of Rights did not create new rights. The Internal Revenue Code, as well as other laws, regulations, and IRS administrative policies already contained many taxpayer rights and protections. However, because…

  • The Taxpayer Bill of Rights
    Articles,  Blog

    The Taxpayer Bill of Rights

    We are all taxpayers.   But did you know you have rights as a taxpayer? The IRS has adopted a Taxpayer Bill of Rights   that’s a lot like the Bill of Rights in the Constitution. It spells out ten basic rights that we all have when working with the IRS to resolve a tax issue. So what does this mean for you? You have: The Right to Be Informed; The Right to Quality Service;   The Right to Pay No More than the Correct Amount of Tax; The Right to Challenge the IRS’s Position and Be Heard; The Right to Appeal an IRS Decision in an Independent Forum;  …