07/10/2026
A missing receipt isn't a small thing.
It's a deduction you can't claim, which means a dollar you paid tax on for no reason.
Lost receipts. Vague descriptions. "I'll remember what that was for."
You won't. And the CRA won't take your word for it. On review, no documentation means no deduction, and the CRA can look back years.
Every undocumented expense is money quietly left on the table. Good records aren't busywork. They're how you keep what's already yours.
Turn scattered receipts into real, defensible deductions. Talk to SRJ Chartered Professional Accountants.