by Nguyen Scott LLP | Apr 4, 2026 | audit
A letter from the Canada Revenue Agency requesting a review of your business records is one of the most stressful pieces of correspondence a business owner can receive. It does not mean the CRA believes you have done something wrong. Most CRA audits are routine...
by Nguyen Scott LLP | Jun 11, 2025 | Personal Tax
A guide from Nguyen Scott LLP to help you navigate your taxes with confidence. Taxes can be tricky—but they don’t have to be overwhelming. At Nguyen Scott LLP, we believe every Canadian should feel confident and informed when it comes to their personal and business...
by Nguyen Scott LLP | May 22, 2025 | Personal Tax
Tax season is here, and for some Canadians, that means owing money to the Canada Revenue Agency (CRA). If you have a tax balance owing, it’s important to know your payment options, what to do if you can’t pay in full, and how to avoid penalties and interest. At Nguyen...
by Nguyen Scott LLP | Apr 10, 2025 | Personal Tax
If you’ve sold your principal residence, it’s important to understand the tax implications and reporting requirements set by the Canada Revenue Agency (CRA). Many homeowners assume that since their home was their principal residence, they don’t need to report the...