Quote:
Originally Posted by nomad
And when the CRA audits you, they will ask why you didn't declare all of your revenue. What will you say? "I declared my true income, but some of these invoices are fake." You will then be faced with a reassessment for unreported income, and if there's GST collection involved, CRA will also go after you for not remitting all of the GST you were supposed to remit. Not to mention penalties.
Your chances of getting audited will also increase when you deal with a fraudster, because CRA will probably audit the fraudster at some point, and will then eventually go after the fraudster's associates, you being one of them.
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This is true.
Theres always a mistake at some point and CRA are completely incompetent morons...but if they catch 1 guy...they're like dogs with a bone.
They look at that one guy and then follow every little thread up and down the chain and through every link and off-shoot.
Because its the lowest hanging fruit.
"This guy worked here for that guy and with this guy and...."
You get the idea. Its like the CSI board with the strings and twine and the Polaroids, etc, etc.
In other news though...you should tell us who it is. CP tends to skew to higher incomes and this guy literally figured out that his client had cash and decided to scam them.
I'd like to avoid them in future.