Alberta
Fort McMurray Tax Lawyer
Fort McMurray and the Wood Buffalo region have unique tax exposure — fly-in/fly-out compensation, northern allowance, and corporate-contractor structures. We handle CRA audits and disclosures for Fort McMurray residents and contractors by phone, video, and in-person on request.
Our Fort McMurray office is virtual: phone and video consultations by default, in-person meetings on request. Files are run from our head office at 665 Millway Ave, Suite 44, Concord.
Serving Fort McMurray and surrounding area
Where Barrett Tax Law represents clients in Alberta
Areas covered from this office
- Fort McMurray
- Wood Buffalo
- Anzac
- Conklin
- Janvier
Outside this list? Contact us — we represent clients across Alberta and Canada-wide on CRA matters.
Services in Fort McMurray
Voluntary Disclosure
The Voluntary Disclosures Program lets Canadian taxpayers correct unreported income, unfiled returns, and undisclosed offshore assets before the CRA contacts them. A successful submission can eliminate gross-negligence penalties and the risk of criminal prosecution, while limiting interest exposure.
Unreported Offshore Income
The CRA receives offshore account data from over 100 jurisdictions through the Common Reporting Standard. If you have unreported foreign income, dividends, rental income, or capital gains, voluntary disclosure is usually the only path to avoid gross-negligence penalties or prosecution.
Unreported Domestic Income
Unreported tips, side-business revenue, cash payments, rental income, or freelance income can all be corrected through voluntary disclosure — often before the CRA flags an audit.
Unreported Offshore Assets
Specified Foreign Property over $100,000 must be reported on Form T1135. Missed reporting carries severe penalties, but voluntary disclosure can substantially reduce or eliminate them.
Unreported Cryptocurrency Transactions
The CRA treats cryptocurrency as a commodity. Disposals — including crypto-to-crypto trades, NFT sales, staking, and DeFi yields — generate taxable events. Unreported gains can be corrected through the Voluntary Disclosures Program.
Overstated Expenses
Overstated business or rental expenses can be corrected through voluntary disclosure before the CRA reassesses, avoiding gross-negligence penalties and limiting interest exposure.
We're on it
Need urgent representation against the CRA?
Free consultation. Fixed-fee quotes on most matters. We begin within 24 hours of retainer.