A number of clients have recently received Notices of Reassessment from Revenue Quebec, adding alleged undeclared investment income for 2001 and 2002.
We have filed Notices of Objection for these clients, and have been successful in getting these heavy-handed reassessments reversed.
Call me to discuss what options are available to you if you have received a similar notice of reassessment recently.
date: 03/12/05
A real estate company approached our firm to assist them to revise their revenue recognition policies.
Recently changed accounting standards require real estate companies to recognize rental revenue using the straight line method. This change is significant, and has many implications.
If your company collects rental income, call me to discuss how these these accounting changes effect your company.
