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Mark Feldstein & Associates Tax Accounting Blog

A Man Was Fined $2,000 Due To The Failure Of Filing Tax Returns

An individual was given one year to pay his fine of $2,000 for not filing his tax returns for the years 2007 and 2008. This man was warned several times by the Canada Revenue Agency to file his personal income tax returns, but he failed to do so and was charged.

It is expected that every individual file their tax returns.

This individual’s situation could have been corrected under t…

Failing to File Tax Returns Cost an Individual $4,000

An individual was fined $4,000 for committing an illegal act of not filing their tax returns for four years. She pleaded guilty to not filing tax returns for the years 2006, 2007, 2008, and 2009.  The remaining tax returns have now been filed.

This person could have avoided the consequences for this situation by filing a voluntary disclosure. If this was done before the CRA started…

Failing to file tax returns cost a man $15,000.00

A man pleaded guilty to not filing seven GST tax returns and eight personal tax returns. The individual being the director of a property management company did not file the company`s GST tax returns for two periods. He also didn`t file his personal tax returns from the years 2001 to 2008. Due to the failure of filing tax returns, this man was fined $15 000.

This man could have avoided t…

Over $25,000 in Fines for Failure to Follow Court Instructions

Failure to follow court orders to file income tax returns cost a man $28,000 

A man was ordered by the court to file his income tax returns for the years from 2000 to 2007 and was fined $8,000 previously. He was given time to file the tax returns, but he failed to do so and was fined a total of $25,000.

When people don’t file their tax return and are fined, they are still responsible for…

Failing to File GST Return Costs Man $16,000 In Fines

Fine of $16,000 for Failing to File GST Returns

On July 18, 2011 a man pleaded guilty to 16 counts of failing to file GST returns and was fined $16,000 which must be paid within nine months.  He is the director of two corporations.  Both did not have GST returns filed quarterly for the periods from April 2003 to March 2005 and April 2003 to March 2004 on a quarterly basis.

Due to failur…

TAX PREPARER WILL BE SENTENCED FOR FRAUD

CIRCLE OF PAYMENTS SCHEME

A tax preparer used the circle of payments scheme to help his clients reduce the income declared of his clients’ personal and corporate income tax returns through false business expenses.  His clients avoided paying $1,071,349 in federal and GST income tax.

The tax preparer set up five fake companies and billed his clients with non-existent services throug…

$8,000 Fine for Self-Employed Man who Failed to File Tax Returns

Guilty of Eight Counts of Failing to File Returns

A self-employed property maintenance worker was found guilty of eight counts of failing to comply with a court order to file personal tax returns from the year 2000 to 2007 in the Ontario Court of Justice on June 27, 2011.

His fine consisted of $8,000, and he still has to file his outstanding tax returns on or before August 27, 2011.

CRA…

Tax Evasion Conviction in Ajax

Manufacturer Located in Ajax Pleads Guilty to Tax Evasion

In the Ontario Court of Justice in Oshawa on June 6, 2011, Pro-Bel Enterprises Limited pleaded guilty to one count each of income tax and GST evasion.  The manufacturer was fined a total of $304,270.  For income tax evasion, the amount was $266,904 which represents 200% and for GST, the amount was $37,366 which represents…

Jail Time Given for Failure to File Tax Returns

Storeowner in Aylmer Pleads Guilty to Failure to File Tax Return

In the Ontario Court of Justice in St. Thomas on June 7, 2011, Morris Kikkert, of Aylmer, pleaded guilty to two counts of failing to file income tax returns.  He was fined a total of $5,000 and a total of 90 days incarceration (intermittently).  Mr. Kikkert was given six months to file the returns.

For the tax years 2007 and…

Windsor Lawyer Fails to Report GST, Fined Over $23,000

LAWYER PLEADS GUILTY TO TAX OFFENCES

On June 13, 2011, Kevin Fanick of LaSalle, Ontario pleaded guilty to three counts of tax evasion under the Income Tax Act and two counts of tax evasion in relation to the remittance of Goods and Services Tax (GST) under the Excise Tax Act.  Mr. Fanick was sentenced to a fine of $23,543 by Judge Hoffman of the Ontario Court of Justice which represents…

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