CRA expands tax help for small business

CRA has expanded its liaison officer service for small businesses.

Read: Small business sentiment improves in November

Specifically, CRA now accepts requests from unincorporated small businesses for visits from liaison officers to answer tax questions. Previously, visits to businesses were initiated by CRA. Small business groups or associations may also request in-person seminars from CRA liaison officers.

Read: How CRA spends your tax dollars

The liaison officer service was launched in April 2014 as a pilot project, and became a permanent program in April 2015. In November 2016 the CRA piloted the “by request” option in the Greater Toronto and Montreal areas.

CRA has more than 130 liaison officers across Canada. Visits are not audits and don’t result in reassessments, says CRA in a release.

For more details, visit CRA’s website.

Also read:

CRA misinformed 30% of callers, auditor finds

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.