fstaxsolutions

Edmonton, Alberta,  January 5, 2017 …The Canada Revenue Agency (CRA) announced today that Robert Dale Steinkey, age 60, of Grande Prairie, Alberta, was sentenced in the Provincial Court of Alberta to a fine of  $322,278  and a conditional jail sentence of 22 months for tax evasion. Terry Lynn Steinkey, age 63, was sentenced to a fine of  $164,124  and a conditional jail sentence of 18 months for tax evasion. In addition to the court-imposed fines, both individuals will have to repay the full amount of taxes owing plus interest. On  December 7, 2015 , Mr. and Mrs. Steinkey pleaded guilty to evading federal income taxes of  $486,402  for the 2007 and 2008 tax years. Evidence provided to the court showed that Mr. and Mrs. Steinkey were introduced to the Paradigm Education Group and adopted Paradigm’s beliefs that, as “natural persons,” they were not subject to the Income Tax Act. The court heard that Mr. and Mrs. Steinkey knowingly evaded...

Newmarket , Ontario, January 23, 2017 … The Canada Revenue Agency (CRA) announced today that on October 20, 2016 Wolfgang John Wilm of Whitby, Ontario was found guilty in the Ontario Court of Justice in Newmarket, of one count of tax evasion under the  Income Tax Act . He was sentenced on January 20, 2017 to 20 months in jail and was fined a total of $552,976. In addition to the court imposed fine, Mr. Wilm will also have to pay the full amount of tax owing, plus related interest and any penalties assessed by the CRA. A CRA investigation revealed that from 2007 to 2010 Wilm failed to file personal income tax returns to report income he had earned during those years. Wilm received a total of $2,081,167 in income as a self-employed individual which he failed to report. By not filing his returns on time and as required, Wilm willfully evaded or attempted to evade federal taxes of $552,976. The preceding information was obtained from the court records. “Our taxes pay for the h...