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Affordable Notice of Reassessment Review for Canadian Businesses and Individuals

100% Risk-Free, Satisfaction, Guarantee, Price Match – Pay After Service

At Tax Filings Canada, we handle every part of your notice of reassessment review, from the filing itself to the planning around it. Our accountants work with businesses and individuals every week, so the filing is right whether you file personally or through a corporation.

+15 Yrs Exp
Ex-Big4 Tax Specialists
CPA Canada (In-Depth Tax Program)
EX BIG4, EY, Deloitte

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Expert Solutions for Notice of Reassessment Review Across Canada

Stay compliant and optimize your financial processes with our specialized notice of reassessment review services.

  • Notice of Reassessment Review Compliance and Filing support
  • Notice of Reassessment Review Planning & Preparation Service
  • Accurate Notice of Reassessment Review reporting in Canada
  • Expert dispute resolution and client support

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Tax Filings Canada accountants at work in the Toronto office

Notice of Reassessment Review Transparent & Fixed Pricing

No hidden fees. Pay only after your service is completed. The fee is agreed before any work starts.

Business Accounting

From- $10/ M
Bookkeeping | Financials | Reconciliations
Accounting Bookkeeping pricing

Corporate Tax Filing

From- $90
T2 corporate Tax | NIL Return | Planning
Corporate Tax pricing

Personal Tax Filing

From- $25
T1 | Student | Employed | Self-employed
Individual Tax pricing

GST/HST Tax Filings

From $75
GST/HST/PST/QST/RST Tax filings | Registration
GST/HST/PST pricing

Partnership Tax Filing

From-$250
T5013 – Partnership Information Return
Partnership Tax pricing

Non-Profit Tax Filing

From- $250
T1044 | T3010 | T2 | Non-Profits Charities
Non Profit Tax pricing

Notice to Reader

From- $500
Assistance NTR | Compilation | Audit
Notice To Reader pricing

Trust-Estate Tax Filing

From- $300
T3 Trust | Beneficiary Reporting | Allocations
Trust Estate Tax pricing

Notice of Reassessment Review from Tax Filings Canada gives taxpayers facing reviews, arrears and disputes audit responses, notices of objection, voluntary disclosures and relief requests at a cheap fixed fee agreed before work begins — no hourly billing, no surprise invoices.

How We Take Notice of Reassessment Review Filing Off Your Plate

  1. 1

    You Share

    Share your records in one go or in pieces as you find them.

  2. 2

    We Prepare

    Our preparers work through your notice of reassessment review file and note anything worth discussing.

  3. 3

    You Confirm

    You approve the final version only after your questions are answered.

  4. 4

    We File

    We submit on your behalf and keep the paper trail organized for you.

What Sets Our Notice of Reassessment Review Service Apart

Factor Tax Filings Canada Typical Firm
Pricing model Fixed, flat fee Hourly / unpredictable
Payment Pay after service Upfront retainer
Price match Yes, on written quotes Rarely
CRA audit support Included Billed extra
Typical turnaround 3-5 business days 2-4 weeks

Words That Come Up in Notice of Reassessment Review Work

T1 General
The personal income tax return individuals file with the CRA each year.
T2 Corporate Return
The corporate income tax return every incorporated Canadian business must file.
GST/HST Return
The sales-tax return businesses file to remit GST/HST collected, net of input tax credits.
Notice of Reassessment Review: Our Analysis

CRA reviews are won on documentation: every figure filed should trace to a source document, and deadlines — 90 days for an objection — are unforgiving. The Voluntary Disclosures Program can waive gross-negligence penalties and part of the interest — but only while the CRA has not yet contacted you. We quote notice of reassessment review as one cheap fixed price — the budget-friendly alternative to hourly billing.

Practitioner’s Notes on Notice of Reassessment Review

Most write-ups of notice of reassessment review describe the form. These notes describe the file — what a tax practitioner checks first and why.

One rule does more work than the rest combined, so it goes first. Taxpayer relief applications can cancel penalties and interest arising from CRA delay, serious illness or a natural disaster. The CRA is limited to the ten prior calendar years.

Once that is settled, the next question answers itself less often than clients expect. The normal reassessment period runs three years from the original notice of assessment for an individual or a CCPC and four years for other corporations. A waiver signed at an auditor’s request removes that limit for the issue it describes. It stays open until it is revoked. The documentation side matters just as much. Once the CRA confirms an assessment or reassesses following an objection, the next step is an appeal to the Tax Court of Canada within 90 days. An extension has to be applied for rather than assumed, and the merits of the position do not extend the deadline.

What this means for you depends entirely on facts we have not seen yet — which is the honest answer, and the reason a tax practitioner starts every notice of reassessment review engagement with questions rather than conclusions. What you bring to the table determines how quickly the notice of reassessment review work proceeds — start with the items below.

The last note is about how we work rather than the rules: every engagement comes with a fixed fee agreed up front, a review with you before filing, and payment after — not before — the service.

Notice of Reassessment Review – Service Pricing Tiers

Providing transparent fixed pricing and high-quality compliance work for your notice of reassessment review requirements.

Basic Notice of Reassessment Review

$150/monthly

Coverage: Standard bookkeeping and notice of reassessment review preparation.

Deliverables:
  • Preparation of basic notice of reassessment review files
  • Monthly status review via email
  • Basic compliance validation

Ideal for early-stage startups and sole proprietors.

Book Now

Premium Notice of Reassessment Review

$750/monthly

Coverage: Strategic advisory and fractional CFO integration.

Deliverables:
  • All features of Standard notice of reassessment review
  • Variance tracking & cost allocation advice
  • Quarterly tax planning advisory sessions

Ideal for companies seeking high-growth financial structuring.

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Why Choose Tax Filings Canada for Notice of Reassessment Review?

Why you should partner with Tax Filings Canada Experts for all your notice of reassessment review needs?

Experienced Notice of Reassessment Review Accountants

Providing tailored notice of reassessment review services to ensure compliance and maximize deductions.

Full CRA & Federal Compliance

Our tax accountants keep your business compliant with federal and provincial tax rules.

Hassle-Free Tax Filing

A dedicated team that handles your financials quickly, accurately, and without upfront fees.

Notice of Reassessment Review Preparation Service

Dedicated preparation processes customized for Canadian businesses.

Seamless Digital Solutions

Advanced accounting software integrations with QuickBooks, Xero, and wave accounting.

Scalable services for growth and expansion

Customized packages designed to grow as your business operations expand.

Tax Filings Canada tax accountants

Notice of Reassessment Review Process Phases

Our clear four-step workflow ensuring absolute tax optimization and complete CRA compliance.

Step 1

Initial Consultation

Start with a free, no-obligation consultation to review your business’s financial, tax filing and compliance needs and outline our affordable solutions.

Step 2

Document Collection

Receive a comprehensive checklist and securely provide the required financial records and documents.

Step 3

Transparent Preparation & Review

Our tax accountant and accounting experts carefully prepare your filings, identify all applicable deductions and credits, and conduct thorough reviews.

Step 4

Electronic Filing & Ongoing Support

We file your documents electronically with the Canada Revenue Agency (CRA) on time and provide post-filing support.

Tax Filings Canada Team Office

"A Unique Notice of Reassessment Review Approach – Results First, Payment Later!"

  • Step 1: Share your information – No Upfront Payment!
  • Step 2: We prepare your financials & tax return.
  • Step 3: Review & sign the deliverable before payment.
  • Step 4: Make the payment only when satisfied.
  • Step 5: We file your return & share final documents.
  • Step 6: 100% Refund Guarantee – If unsatisfied, claim a full refund within 24 hours!

Risk-Free, Hassle-Free, and Client-First!

Schedule a Free Consultation

Industries We Serve with Notice of Reassessment Review

Notice of Reassessment Review for Startups Specialized startup tax & accounting
Notice of Reassessment Review for Healthcare Specialized healthcare tax & accounting
Notice of Reassessment Review for Consultants Specialized consulting tax & accounting
Notice of Reassessment Review for Real Estate Specialized real estate tax & accounting
Notice of Reassessment Review for Construction Specialized construction tax & accounting
Notice of Reassessment Review for Small Businesses Specialized small business tax & accounting
Notice of Reassessment Review for Restaurants Specialized restaurant tax & accounting
Notice of Reassessment Review for Franchises Specialized franchise tax & accounting
Notice of Reassessment Review for Self-Employed Specialized self-employed tax & accounting
Notice of Reassessment Review for Manufacturing Specialized manufacturing tax & accounting
Notice of Reassessment Review for E-Commerce Specialized e-commerce tax & accounting
Notice of Reassessment Review for Import & Export Specialized import/export tax & accounting
Notice of Reassessment Review for Holding Companies Specialized holding company tax
Notice of Reassessment Review for Logistics & Freight Specialized logistics tax & accounting

Notice of Reassessment Review Locations Near You

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Service Location

Notice of Reassessment Review Toronto, ON

Expert notice of reassessment review filing, personal T1 returns, and comprehensive accounting in Toronto.

Full Province-Wide Service Coverage
24/7 Helpline: +1 (416) 619-0068
Services Included in Toronto:
Corporate Tax Filing (T2)
Personal Tax Filing (T1)
Bookkeeping & Payroll Services
GST/HST & CRA Audit Representation

Notice of Reassessment Review Tax & Accounting Case Studies

See how our expert Notice of Reassessment Review tax and accounting services have helped Canadian businesses save money and stay compliant.

Case Study 1

Books Rebuilt From Source, $18,000 In Unclaimed Input Tax Found — Voluntary Disclosure Applicant, Lethbridge

The ledger at a business owner considering a voluntary disclosure in Lethbridge, Alberta could not support its own filings. The reason was a waiver signed at the counter that kept an otherwise closed year open with no end date. Rebuilding it surfaced $18,000 in unclaimed input tax.

A business owner considering a voluntary disclosure in Lethbridge, Alberta could not answer basic questions about its own numbers. A waiver signed at the counter that kept an otherwise closed year open with no end date sat between the bank statements and the ledger. We kept the waiver narrowed to the issue actually under review and let the remaining years close on the normal reassessment period. We then documented the process so the work does not depend on any one person remembering how it was done. Records rebuilt and reconciled, $18,000 recovered in input tax credits that the old file could not support, and a documented monthly process now in place.

Case Study 2

$110,000 Reassessment Reduced To Nil On Review — Assessed Shareholder, Guelph

A $110,000 reassessment was proposed against a shareholder assessed on a taxable benefit in Guelph, Ontario. It followed a proposal letter with a 30-day response window and no supporting records assembled. The documented response reduced it to nil.

A review notice arrived at a shareholder assessed on a taxable benefit in Guelph, Ontario, covering notice of reassessment review for two tax years. The auditor's working position was an adjustment of $110,000. It was driven by a proposal letter with a 30-day response window and no supporting records assembled. Rather than negotiate, we rebuilt the record. We traced each unexplained deposit to its source — loans, transfers between accounts, an insurance settlement — and reduced the net-worth assessment accordingly. We then submitted a point-by-point response that answered each proposed adjustment with the document behind it. The auditor accepted the documented position and closed the review without adjustment, protecting $110,000 and leaving the prior filings undisturbed.

Case Study 3

Corporate Structure Rebuilt For $24,000 Of Annual Savings — Taxpayer Relief Applicant, Kelowna

The structure at a taxpayer applying for relief from penalties and interest in Kelowna, British Columbia no longer fitted the business. A director liability assessment for a corporation that had already stopped operating showed it. Rebuilding it saves $24,000 a year.

The structure at a taxpayer applying for relief from penalties and interest in Kelowna, British Columbia dated from years earlier. It had been set up for a business that no longer existed. A director liability assessment for a corporation that had already stopped operating had become expensive. We requested the auditor’s working papers and report to see how the assessment had been built before answering any of it. The reorganisation used the rollover provisions rather than a taxable transfer, so no tax fell due on the restructuring itself. $24,000 of annual saving, achieved on a tax-deferred basis. The minute book, elections and valuations are all in the file.

Case Study 4

$80,000 Of Working Capital Freed From The Tax Cycle — Restaurant Under Net-Worth Audit, Barrie

A restaurant under a net-worth audit in Barrie, Ontario was profitable and permanently short of cash. Behind the gap sat an audit conducted over the phone, with nothing on file showing what had been provided or when. Restructuring the tax cycle freed $80,000.

A restaurant under a net-worth audit in Barrie, Ontario was profitable on paper and short of cash every month. An audit conducted over the phone, with nothing on file showing what had been provided or when explained most of the gap. We answered each query in writing with an indexed document package, so the file showed exactly what the auditor had received and on what date. We also built a thirteen-week cash view so tax payments stopped competing with payroll for the same dollars. $80,000 was released back into working capital. Remittances have been on time every period since, and the forecast shows the tax outflow before it lands.

Case Study 5

$100,000 Credit Claim Filed And Accepted Without Adjustment — Contractor Facing Reassessment, Moncton

A contractor facing a proposed reassessment in Moncton, New Brunswick had never tested its work against the eligibility rules. The resulting $100,000 claim was accepted without adjustment.

A contractor facing a proposed reassessment in Moncton, New Brunswick assumed the credits did not apply to a business its size. A waiver signed at the counter that kept an otherwise closed year open with no end date meant they had applied all along. We identified the qualifying activity and built the documentation to support it. Then we brought every outstanding return current, then negotiated a payment arrangement that stopped the collections action. $100,000 recovered. Because the eligibility analysis is on file, the same claim can be repeated each year with a fraction of the effort.

Case Study 6

Desk-Review Assessment Of $37,500 Vacated — Long-Term Non-Filer, Windsor

A desk review assessed a taxpayer with eight years of unfiled returns in Windsor, Ontario $37,500. The dispute was over an objection deadline that had passed with no extension applied for. Producing the records vacated the assessment.

A taxpayer with eight years of unfiled returns in Windsor, Ontario was carrying $37,500 of penalties and interest. The charges arose from an objection deadline that had passed with no extension applied for. Much of that amount accumulated during a period the CRA itself had delayed. We filed the Tax Court appeal inside the window and resolved the remaining adjustments before a hearing date was needed. We framed the relief application on the specific grounds the CRA guidelines recognise rather than on general hardship. The assessment was vacated. $37,500 came off the account, and the documentation now on file makes the same position straightforward to defend next time.

Our Expert Notice of Reassessment Review Accounting Firm & Team

Meet the specialists behind your Notice of Reassessment Review filings. Our Partners Are Alumni of the World's Top Accounting and Tax Institutions

Udit Gupta

Udit Gupta

CEO & Founder

CA (ICAI), CA (MIA), CPA Canada (In-Depth Tax Program)

Abhinav Gupta

Abhinav Gupta

Canada Tax / International Tax

Canada Tax, International Tax, Cross Border Tax, Transfer Pricing

Raghav Gupta

Raghav Gupta

International Tax Expert

International Tax, Transfer Pricing Specialist

Anmol Mittal

Anmol Mittal

Canada Tax Expert

CA (ICAI), Canada Tax Expert

Vinayak Indolia

Vinayak Indolia

CFO Advisory

CA. Fractional CFO and Senior Advisory Specialist

Common Questions Before Starting Notice of Reassessment Review Work

Direct answers to what Canadian business owners actually ask before hiring an accountant.

How much does Notice of Reassessment Review cost in Canada?

Notice of Reassessment Review starts at a fixed fee quoted before any work begins. The quote is locked at the outset and does not change mid-engagement, and you pay only after you have reviewed and approved the deliverable. Compare every plan on our transparent pricing page.

What documents do I need for Notice of Reassessment Review?

At minimum: prior-year returns and notices of assessment, your bank and credit-card statements for the fiscal period, payroll records if you have employees, and GST/HST filings. We send a checklist tailored to your situation after the free 15-minute call.

How long does Notice of Reassessment Review take?

Most engagements are completed within 3 to 5 business days once your documents are complete. Catch-up work covering multiple years takes longer, and we tell you the realistic timeline before you commit rather than after.

What happens if the CRA reviews or audits my filing?

We respond on your behalf at no extra charge for any return we prepared. Every figure we file is supported by documentation retained in your file, which is what turns a CRA review from a crisis into correspondence. See how our CRA audit representation works.

Can you handle late or missed filings?

Yes. Late filing penalties compound at 5% of the balance owing plus 1% per month, so the cost of waiting is real. We prioritise catch-up work and, where eligible, file under the CRA's Voluntary Disclosures Program to reduce penalties.

Do you work with businesses outside major cities?

Yes. We serve clients in every province and territory at the same fixed fees, so your location does not change the price or the service. Browse our coverage across Canada to find your city.

Which industries do you specialise in for Notice of Reassessment Review?

We work across construction, healthcare, e-commerce, professional services, restaurants, real estate, transportation, technology and non-profits, each with its own deduction profile and CRA scrutiny patterns. See all industries we serve.

What makes Notice of Reassessment Review different from filing it myself?

Software applies the rules you already know about. An experienced tax accountant finds the ones you do not: capital cost allowance timing, the small business deduction threshold, shareholder loan repayment rules, and TOSI exposure on family dividends. The fee is usually smaller than the deductions it surfaces.

What is included in Notice of Reassessment Review services?

Our notice of reassessment review services include complete filing, compliance management, and strategic advice customized to Canadian tax laws.

How do I start with Notice of Reassessment Review services?

You can start by booking a free 15-minute call. We will review your files, provide a fixed quote, and start working immediately.

What records do I need before starting notice of reassessment review?

It depends less on opinion than owners assume. Once the CRA confirms an assessment or reassesses following an objection, the next step is an appeal to the Tax Court of Canada within 90 days. An extension has to be applied for rather than assumed, and the merits of the position do not extend the deadline. Once you know that, the practical question becomes timing and documentation — both of which we handle inside the engagement.

How long does notice of reassessment review usually take from start to finish?

The honest starting point is this: A review is won on documentation created at the time, not on explanations offered afterwards. The CRA asks for the source records behind a figure, and an unsupported claim is simply disallowed. Most reassessments we reverse are not the result of a wrong position — they are the result of a correct position with no contemporaneous paper trail behind it. Everything else we would tell you is tailoring, and tailoring requires seeing your file.

Still have questions? View our FAQ page or contact us.

People Also Ask About Notice of Reassessment Review

The questions Canadians actually search on this topic, answered plainly. Browse every question in the Canadian tax answers directory.

If you owe nothing, no penalty applies, but a refund and benefit payments such as the Canada child benefit and the GST/HST credit are held up until the return is processed. If you owe, a late-filing penalty is charged and interest runs on the balance and compounds daily from the day after the due date. For the 2025 tax year the deadline was 30 April 2026. File even if you cannot pay, because the penalty is driven by filing, not payment.

Pay through your bank's online banking by adding the CRA as a payee and choosing the right account and year, through My Payment with a debit card, by pre-authorised debit scheduled in My Account, by credit card through a third-party provider that charges its own fee, or at a bank counter with a remittance voucher. For 2025 personal returns the payment deadline was 30 April 2026, including for the self-employed, and interest runs daily on anything unpaid after that.

The CRA no longer runs walk-in counters for general tax help, so there is no office you can visit to file or ask questions. Contact is by phone, by mail, or through My Account and My Business Account; in-person help is limited to arranged appointments in specific programs. Mailing addresses differ by centre and by what you are sending, so use the address printed on your CRA letter or on the CRA's website.

The HST arrived in the late 1990s, when three Atlantic provinces agreed to merge their provincial sales tax with the federal GST into one harmonized tax collected federally. Ontario and others joined later, and British Columbia adopted it before reversing the decision by referendum and returning to PST. Current rates are 13% in Ontario, 15% in New Brunswick, Newfoundland and Labrador and Prince Edward Island, and 14% in Nova Scotia since 1 April 2025.

Two separate charges apply. Filing late costs 5% of the balance owing plus 1% for each full month the return is late, to a maximum of 12 months. Paying late costs compound daily interest on the unpaid balance at the CRA's prescribed rate, which is reset every quarter. Interest also runs on the penalty itself. Check the current quarterly rate on the CRA's prescribed interest rates page before estimating what you owe.

Income tax on individuals, corporations and trusts; consumption taxes, where GST is 5% and provinces add HST, PST, QST or RST; payroll levies such as CPP and EI; property tax charged by municipalities; and targeted charges including excise duties and land transfer tax. Capital gains sit inside income tax, with one-half of the gain included for 2025 and 2026. Federal, provincial and municipal governments each levy their own, which is why rates differ by province.

Tax legislation is the written law that imposes and administers tax: federally the Income Tax Act and the Excise Tax Act, plus each province's own statutes and the municipal bylaws behind property tax. A change usually begins as a budget announcement, is drafted into a bill, passes Parliament and takes effect on royal assent. Regulations and CRA guidance sit beneath the statutes and explain administration without replacing them. Some proposals are administered before they pass, and a few never do.

Yes. Hiding income, claiming expenses you did not incur, keeping two sets of books or failing to report offshore accounts is a criminal offence, and convictions can bring fines, full repayment with interest and jail. Lowering tax through an RRSP, a TFSA or genuine business deductions is lawful planning, which is a different thing. If you have unreported income from earlier years, the CRA's Voluntary Disclosures Program may reduce penalties and interest when you come forward first.

Claim everything you are entitled to, and file on time so nothing is clawed back by penalties. Gather every slip, then look at RRSP contributions, childcare and moving costs, medical expenses, tuition, donations, employment or home office expenses and the disability amount. Couples should pool medical and donation claims on one return and split eligible pension income. Carry unused amounts forward instead of losing them, and adjust an earlier return if you missed something.

Most people pay through online banking by adding the CRA as a payee, then choosing the account the money is for, such as personal income tax, GST/HST or payroll, and the exact year or period. You can also pay from CRA My Account or My Business Account, set up pre-authorised debit, or use a third-party card provider. Always apply a payment to the right period, otherwise it sits unallocated and interest keeps running.

No. A private appraisal you order for a mortgage, a separation or an estate is a report to you and is not sent to the assessment authority, so it does not move your property tax bill. Municipal tax is billed on an assessed value set by the provincial assessment body on its own cycle. Renovation permits, a reassessment or a sale can change that value. For income tax, an appraisal only documents value; it creates no tax by itself.

For an individual it is the social insurance number, which the CRA uses to identify you on your return and your benefit accounts. A business gets a business number, extended by a program account for each purpose, such as corporate income tax, payroll and GST/HST. Anyone who must file but cannot obtain a social insurance number, a non-resident for example, applies to the CRA for an individual tax number instead.

Udit Gupta, founder of Tax Filings Canada

Reviewed and fact-checked by Udit Gupta

Ex Big 4 — Ernst & Young, Deloitte · International & cross-border tax specialist · CPA Canada (In-Depth Tax Program) · Chartered accountant, ICAI & MIA

Udit Gupta has over 15 years of experience helping corporations and business owners with corporate structuring, corporate tax filing, bookkeeping, payroll, GST/HST, cross-border tax and CRA representation. He is Big 4 trained, at Ernst & Young and Deloitte, and qualified as a chartered accountant in India and again in Malaysia. In 2014 he founded his accounting practice to serve entrepreneurs, startups and non-resident business owners across Canada. View full member bio.

The Institute of Chartered Accountants of India — member 521458 · Malaysian Institute of Accountants — member CA 44667 · Ex Big 4: Ernst & Young, Deloitte · CPA Canada (In-Depth Tax Program), completed 19 Dec 2023 · In-Depth GST/HST Part I, 12 Jul 2022 · Part II, 5 Jul 2023

Editorial policy. Every page is researched against primary sources — the Income Tax Act, CRA publications and CPA Canada guidance — and every rate or threshold is stated with the tax year it applies to.

Sources. CRA — Businesses · Income Tax Act (Justice Laws Website)

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+1 (416) 619-0068 381 Front St W, Toronto, ON M5V 3R8

Our Partners Are Alumni of the World's Top Accounting and Tax Institutions

Chartered Professional Accountants Canada AICPA — American Institute of Certified Public Accountants Institute of Chartered Accountants of India Malaysian Institute of Accountants