Serbinski Accounting Firms

[quote="nelsona"]
Don't think of your refund as cancelling out the penalty! Your refund is money CRA shouldn't have had in the first place.[/quote]

lol True, but if it keeps me from actually writing them a check out of money I already have it's more like a blessing in my opinion. I just sent them ...

Thanks. I'll work it out with ufile probably.

I honestly wasn't trying to avoid any tax on the house. I lost 15k on the sale unfortunately. Both lawyers were aware of my location since they actually couriered the documents to me and my wife at my office in the states to be signed.

They will let ...

I wish I knew why they didn't file it. I never really thought I would lose my resident status till I completed the transaction. Honestly I'm thinking I should just file them with the June date and see what the CRA comes back with or if they just leave it alone. I thought about giving the CRA a call ...

Thank you for the quick response. Should I be concerned since neither attorney filed the Section 116 Certificate with the CRA? Hindsight now I know it probably should have been filed within 10 days and they state there is up to a 2500 penalty for not filing it.

Afternoon,
I’m looking for some information/advice on Canadian taxes with regards to the sale of my home in Toronto. I spent two-half years there working for a company on a work visa with citizenship from the US. In May of 2008 I took a job working back in the states and placed my home on the ...