To successfully deal with any tax audit, objection, or appeal, it is important to keep in mind that all that your accountant, financial planner, and Sixth Sphere lawyer can do is assist, advise, and represent you. The taxes, interest, and penalties that are ultimately assessed remain your responsibility and therefore, it is essential that you remain actively involved and participate in the audit, objection, and appeal process.
This includes ensuring that any correspondence you receive from the CRA is dealt with in a timely manner and that you continue at all times to cooperate with your accountant, with Sixth Sphere, and with any other professionals who are advising and assisting you.
It is also important to realize that there are certain strict deadlines and limitation periods contained in Canadian tax legislation and that if they are missed, you may lose your appeal rights.
Canada’s Income Tax Act provides taxpayers 90 days to appeal:
(a) a tax reassessment, and
(b) a decision made by the Appeals Division of the CRA.
The 90-day limitation period starts on Date of Mailing of the Notice of Reassessment or Notice of Decision. In order for Sixth Sphere to have sufficient time to review the Notice, and if appropriate, to assist you in objecting to or appealing it, we must receive a copy of the Notice of Reassessment or Notice of Decision from you within 45 days of its Date of Mailing.
For information on where to send the Notice and how to obtain legal assistance under the Plan, please see the section Obtain Legal Assistance.
As a Member, it is essential that you cooperate with your accountant and with Sixth Sphere’s lawyers and staff to help us in helping you. Cooperation includes: