On May 1, 2013 the Canada Revenue Agency said that Mr. Dele Afolabi was pleaded guilty in the Ontario Court of Justice in Brampton. He was sentenced to 6-mix month of house arrest and fine of $10,000. Mr. Afolabi operated Abundant Grace Investments, also known as Abundance Grace Investment, providing tax preparation services, financial planning and accounting related services. They discovered…
Mr. Imad Kutum pleaded guilty on November 27, 2012 in the Ontario court of justice in Brampton. He was charged for one count of $5000. He was sentenced to 2 years jail and fined $100,000. Mr. Kutum is a chartered account, operating at Kutum and Associates. The CRA discovered false donation claims totalling to $3674. These false claims were made on 487 income tax returns prepared for t…
On May 27, 2013 Yvon Champagne of Sault Ste. Marie pleaded guilty in the Ontario Court of Justice in Sault Ste. Marie to a total of 5 counts. He failed to file corporate tax returns and was fined $5000. Champagne is the director of Mid-Canada Construction Corp., 1187839 Ontario Limited and 1644365 Ontario Inc. he failed to file corporate returns for the year 2008 for all three corporations. H…
The Canada Revenue Agency announced on May 31, 2013that Ms. Doreen Tennina was found guilty in the Superior Court of Justice in Oshawa for 2 counts of fraud over $5000 under the criminal code and was sentenced to a maximum period of 10 years in jail. She was to pay a fine of $699, 608 for causing her company Executive Accounting.
Ms. Tennina is currently in arrest in Spain where is owed…
In Brampton Ontario on February 13, 2013 Peter Neilson was pleaded guilty in Ontario Court of Justice in Brampton, Ontario, for two counts. The court ruled that Mr. Neilson who was a self-employed lawyer who failed to file his T1 income tax return for years 2009 to 2010. He was fined of a total of $3000 and has six months to pay t…
On March 7, 2013 Christopher Humeniuk of Toronto pleaded to four counts of failing to file personal tax returns. Mr. Humeniuk was a self-employed mortgage broker who failed to file T1 returns for 2001-2004 taxation years. He was fined for a total of $4000, which he has 6 moths to pay and file the outstanding returns as…
On March 5, 2013 Brampton, Mr. Adegboyega Adenekanad Adebukunola was arrested for fraud. He was pleaded guilty on March 1, 2013 in the Ontario Court of Justice for a count of $5000 under the criminal code. He received a six-month sentence of house arrest and probation for three years. Apart of Mr. Adebukunola sentence he was to assist in preparing or filing income tax returns.to
Mr.
The first (and most important) rule when discussing medical expenses and tax claims is that only medical expenses that the Canada Revenue Agency (CRA) has determined to be eligible may be claimed for tax purposes. A full and complete listing can be found at the link listed here (hyperlink this to http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns300-350/330/llwbl-eng.htm…
Most of us working adults can look back fondly on our respective university and college experiences. Whether we went to school for training in a skill or trade, or for a profession, we remember first day jitters of making friends all over again or all night-er study sessions before a big exam (the parties were also a good time). But did you know that, in addition to landing you that perfect job,…
When the 2013 budget was released this past March, there was a new measure put in place to help the government find major tax cheats.
There is already a snitch line for people to call and get someone audited, but this new line is directly aimed at individuals hiding amounts abroad and this time, the CRA is willing to pay for results.
If an amount over $100,000 is recovered by the Canada…
