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Mark Feldstein & Associates Tax Accounting Blog

Two years less a day and $50,000 fine for Brampton tax preparer

William Ankomah of Brampton pleaded guilty to one count of fraud over $5,000 on October 16, 2009. He was sentenced to two years less a day house arrest to be served conditionally, and was fined $50,000.

CRA and the RCMP investigation revealed that Mr. Ankomah the operator of Tax Help Centre prepared false personal income tax returns on behalf of 23 of his clients. Mr. Ankomah charged a fee and…

Markham businessman charged for not maintaining proper books

Anthony Ho Shue of Markham Ontario pleaded guilty in the Ontario Court of Justice in Newmarket on September 22, 2009 on one charge of failing to keep proper books and records as required by the Income Tax Act. He was fined $16,000 and paid the amount immediately.

The Income tax Act requires that business owners keep proper books and records in order for CRA to properly calculate the taxes…

St. Catharines business women fined $9,000 for not filing tax returns

Julia Blanchard of St. Catharines was sentenced on September 16, 2009 on five counts of failing to file corporate income tax returns and one count of failing to file GST returns. She was fined $1,500 for each count for a total fine of $9,000. Julia Blanchard pleaded guilty to these charges on March 17, 2009.

CRA made several request for the missing tax returns before serving notic…

General contracting company fined for GST evasion

Walter Pontiero General Contracting Ltd of King City, pleaded guilty on September 17, 2009 of GST evasion. There was a fine levied in the amount of $91,063 in the Ontario Court of Justice in Newmarket. The fine was 100 percent of the taxes evaded.

CRA’s investigation revealed that the company which is a subcontractor to homebuilders, filed GST returns for the periods July 31, 2002 to April 30,…

Newmarket resident fined for not filing tax returns

Nester Raymond Pinga of Newmarket Ontario pleaded guilty in the Ontario Court of Justice on 14 charges of failing to file tax returns. He was fined $14,000. When individuals or corporations are convicted of failing to file returns, they still have to file the returns and pay the full of amount of taxes outstanding plus interest and any civil penalties that may be assessed by the Canada Revenu…

$9,000 fine for not filing tax returns

Roger Miller of St. Jacobs pleaded guilty in the Ontario Court of Justice in Kitchener on nine charges of failing to file tax returns. He was fined $9,000. When individuals are convicted of failing to file tax returns they are still obligated to file the returns and pay the amount of taxes owing, plus interest as well as any civil penalties that may be assessed by CRA. Mr. Miller operated a…

Lakefield plumber fined $173,907 for tax evasion

Joseph Berardi of Lakefield Ontario pled guilty in the Ontario Court of Justice in Peterborough on one count of income tax evasion. Mr. Berardi was fined $173,907 which represents 100% of the taxes due. The fine is in addition to any taxes and interest owed, as well as any civil penalties that may be assessed by CRA.

CRA’s investigation revealed that Mr. Berardi neglected to disclose t…

Fishing bait supplier fined for GST evasion

Panagiotis Tourikis of Toronto pled guilty on August 31, 2009 on three counts of failing to remit GST. There was a $72,000 fine from the Ontario Court of Justice in Toronto. The fine is in addition to taxes and interest due.

CRA investigated Mr. Tourikis and discovered that he failed to remit $140,616 in GST that was charged and collected during the years 2002 to 2004. The GST was charged and…

Revenue Canada uses Xenon Spider Software to find non-filers

Websites around the world are getting new computerized visitors among the google and yahoo web spiders. Tax authorities are cracking down on suspected tax cheats through sophisticated web crawling programs to monitor transactions on auction sites, and track operators of online shops, poker and adult entertainment sites along with many other websites. The Xenon program (a reference to t…

Revenue Canada Ebay Seller Alert

The Canada Revenue Agency announced on October 23rd that only 50 Canadian Ebay merchants have come forward to pay their back taxes since July 2009.

The Revenue Minister gave Ebay sellers one last chance to pay the taxes without penalties and prosecution. Ebay has announced that it has sent thousands of names to the CRA. CRA has announced that it has begun launching audits of Ebay sellers. CRA is…

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