Totally. Frustrating as hell.
As an example of the flaws in our legal system, we bought a property 2 years ago... filled out all the forms as directed by our licensed real estate agent, and had our lawyer (who specializes in real estate transactions) to review the paperwork.
Now, we have been sent a letter from CRA (our version of the IRS) saying that the tax credit for $4400 that we received has been disallowed. Turns out there are 2 forms that can be filled out for this credit... the real estate agent had us fill out the wrong form. Our lawyer missed it. If we had filled out the correct form, all would be well since we ARE entitled to this credit (the dollar amount is the same regardless of which form is filled out). But now, it's too late for us to reapply (deadline had passed by the time CRA sent us the letter informing us of the error) so the government is not only asking us to repay the tax credit, but THEY ARE CHARGING US FREAKING INTEREST IN THE AMOUNT OF $600!!!
Inquired about suing since this is a large amount of money and the professionals who were supposed to ensure this kind of thing didn't happen failed to do so.
But guess what... were told that the legal fees we would incur on such an endeavor would amount to MORE than the $5000 the government has demanded we pay.
Plus, we can't sue for legal fees incurred. So basically, we're S.O.L. EVEN THOUGH WE ARE ENTITLED TO THE FREAKING TAX CREDIT... we just filled out the wrong form.
Good times.
As an example of the flaws in our legal system, we bought a property 2 years ago... filled out all the forms as directed by our licensed real estate agent, and had our lawyer (who specializes in real estate transactions) to review the paperwork.
Now, we have been sent a letter from CRA (our version of the IRS) saying that the tax credit for $4400 that we received has been disallowed. Turns out there are 2 forms that can be filled out for this credit... the real estate agent had us fill out the wrong form. Our lawyer missed it. If we had filled out the correct form, all would be well since we ARE entitled to this credit (the dollar amount is the same regardless of which form is filled out). But now, it's too late for us to reapply (deadline had passed by the time CRA sent us the letter informing us of the error) so the government is not only asking us to repay the tax credit, but THEY ARE CHARGING US FREAKING INTEREST IN THE AMOUNT OF $600!!!
Inquired about suing since this is a large amount of money and the professionals who were supposed to ensure this kind of thing didn't happen failed to do so.
But guess what... were told that the legal fees we would incur on such an endeavor would amount to MORE than the $5000 the government has demanded we pay.
Plus, we can't sue for legal fees incurred. So basically, we're S.O.L. EVEN THOUGH WE ARE ENTITLED TO THE FREAKING TAX CREDIT... we just filled out the wrong form.
Good times.
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