Category Archives: Tax Audit

Who Is Prone To CRA Audits And How Can They Avoid Them?

People who file their returns on time while ensuring that they have disclosed everything will hardly face a CRA audit. However, entrepreneurs in Canada are highly likely to be audited for failure to report all the sources of their income. The odds of being audited abruptly are also higher if you have had confrontations with » Read More

Canadian Tax Audit Help

When you receive a Notice of Assessment from the CRA, you need tax audit help. When you send in your tax returns to the CRA, its computer servers will perform several checks on your file and if there is any suspicion or doubts on inaccuracy or misrepresentation, a Notice of Assessment will be issued to » Read More

Why You Need CRA Business Tax Audit Help?

Have you ever undergone a CRA business tax audit?  If so you can agree that an audit process is among the most devastating moments of running a business. The CRA business tax audit help is always available though. Hence you should never choose to go through the audit process with the tax auditor by yourself. » Read More

Why You Need CRA Tax Audit Help?

The Canadian tax collector, Canada Revenue Agency, is known to conduct tax audits on filed tax returns. The CRA records tax returns in a computer system that allows it to determine the accounts that must be audited. Hence you can be audited anytime even if you have paid your taxes for the current and previous » Read More

Staying off the Radar with Help on CRA Tax Audit

When do you require the help on CRA tax audit? Let us start with employer compliance. CRA pursues a whole range of issues that are connected with employer compliance like the remittance of source deductions on a timely basis, the establishment of worker status as either employees or independent contractors. It also scrutinizes aggressively the relocation » Read More

It is your Right to seek CRA Tax Audit Help

The very thought of a tax audit may bring in fear in the hearts and minds of people. When the Notice of Assessment arrives in the mail, it may disrupt the normal life of a citizen as it will eat into the quality time that he or she can spend with the family and business. » Read More

The Benefits of getting help on CRA tax audit

No matter how accurately you have filed your returns and paid them on time, possibility of tax audit from the CRA is inevitable. It is for the purpose that along with taking precautions on guaranteeing tax return accuracy, getting help on CRA tax audit is also very helpful. You will need to hire services from a » Read More

Tackling and Surviving a CRA Tax Audit

The best thing to do when you receive a CRA Notice of Assessment is to stay calm and deal with it.  You have to open all the brown envelopes that you get from the CRA. If you happen to receive calls from the CRA, you have to receive them without flinching or return them promptly » Read More

Tax Protection Services as part of Tax Audit Solutions

It is common knowledge among Canadian taxpayers that their taxes may someday get audited.  No matter it is on a business or personal account, having a CRA tax audits is not a remote possibility. As a taxpayer, if you receive a Notice of tax audit from the CRA, it is time for you to consider » Read More

Hire a Tax Professional for Tax Audit Solutions

When you are not comfortable representing yourself during a tax audit or if you are not so well versed in the procedures, it will serve you well to hire tax professionals to represent you for your tax audit solutions. Once you are represented by reliable tax professionals, you do not even have to be present » Read More

Records to be kept for a CRA Tax Audit

Apart from the CRA tax audit, there are legal requirements for keeping your financial records pertaining to the tax returns. All paper and electronic documents kept on a computer disk have to be retained in Canada at the request of the CRA. The records have to be either in English or in French. There are » Read More

Prepare and Equip Yourself with Business Tax Audit Solution

If you are a small business owner, you should be aware that small to medium sized businesses are the CRA’s easy audit target because of the facts that these businesses do not have the resources to audit proof their books like the large enterprises. Small business owners therefore should become more proactive in understanding the » Read More

Canadian Tax Audit Solutions through Experienced Tax Professionals

When the CRA sends you a letter, it is the announcement of a tax audit that can give you stress. There are different types of tax audit situations. Some CRA auditors may request information from your side that could be sent to them through mail. Others may request some extra financial disclosure. There may be » Read More

Why is it important to get professional Canadian Tax Audit Help?

When you get a letter in your mail from CRA, it is time to get yourself Canadian tax audit help. If you want to handle tax filing and face a tax audit yourself, then it could develop into a nerve racking experience for you. Income tax audits are slowly but surely becoming a certainty just like life and » Read More

Getting Tax Audit Help Canada from The Tax Audit Specialists

For any individual or business taxpayers, CRA’s tax audit requests in the mail can be a very overwhelming experience. CRA’s audit letters do trigger anxiety and stress in people. Undoubtedly, the Canada Revenue Agency (CRA) has a clear advantage because an ordinary individual does not have enough knowledge in tax issues to confront an audit » Read More

Need CRA tax audit solutions

Running a business can be a life full of pressure. Customers have demands that need to be met, vendors need to be paid, and problems constantly arise that have to be solved quickly. With everything that goes on during the typical course of a day, it is no surprise that some details slip through the » Read More

CRA Tax Audit Problem

There is nothing more unsettling and unpleasant than CRA tax audit problems that can engage a myriad of consequences. For example, you have just received a notice that Canada Revenue Agency (CRA) Auditor is going to audit your tax return.    CRA tax audit problem and consequences When you face CRA tax audit problems, this » Read More

CRA Tax Audit Proof Financial Reporting in Canada

The Canada Revenue Agency requires that all businesses retain at least six years of financial reporting by law. Companies seeking CRA tax audit solutions should look for tools for leaving the best audit trail so that accounting is transparent.  By documenting the sequence of events behind every business transaction, a company will be in compliance » Read More

Facing CRA Tax Problems?

Facing tax problem put a great deal of stress on an individual. One of the biggest mistakes that people make is trying to undergo a CRA tax problem alone. This can prove to be detrimental to one’s financial and emotional well being. Therefore, anyone who is about to experience a CRA tax problem in Toronto » Read More

Revenue Canada Auditing Your Taxes?

So, you’ve done your best this year to keep track of all your income, expenses, and receipts. You filed your taxes by the deadline, or even earlier, and you’ve already received your tax refund and gone out and bought that brand new automobile you’ve been wanting. You’re feeling pretty good about yourself, when all of » Read More

Need CRA Tax Audit Help in Toronto?

There is nothing to be ashamed of when you find yourself in a difficult tax audit situation. The Canadian Revenue Agency (CRA) will want to make sure that you have paid all of your recent taxes that are due. If you have missed payments or forgotten to file a return, they will likely want to » Read More

5 Tips on Dealing With CRA Tax Audit

When it comes to dealing with CRA tax audits, you need professional tax audit help. Are you already taxed mentally and emotionally due to the CRA audit notice? Don’t let them taxing you financially. With the help of Tax 911 now, you can walk through the whole tax audit process with minimum stress and best tax outcome. » Read More

Best CRA Tax Audit Solutions for You and Your Toronto Area Business

Many people or businesses will be, if not have been, audited by CRA tax auditors. It is just a fact of life. Let’s face it, even with the best software, the best intentions and the most rigorous efforts to run a tight ship with every i dotted, every t crossed, an audit can still be » Read More

How to Deal with CRA Tax Audits

Most taxpayers are alarmed when they receive audit requests from the Canada Revenue Agency (CRA). Tax Audit Help Toronto finds that the CRA uses computer-generated lists, special projects, leads, and associated files for selecting most taxpayers for audits, and of these methods the computer-generated list is most common. The CRA automated system randomly collects financial » Read More

Tax Audit Help in Toronto

Tax audit risks Every business and individual in Canada who pays taxes can be selected for an audit regardless of whether there are irregularities in their tax returns or not. Audits are conducted for a number of reasons, including those with tax return problems and others who are randomly selected by a computer program. In » Read More

CRA GST HST Audit

CRA GST HST Audit Alert: CRA started to be more strict on auditing people with high business income without collecting GST or HST. Most businesses start small. When they are small, say their sales are below $30,000, it is ok to not to register GST/HST accounts. As they grow to more than $30,000, then it » Read More