Category Archives: Tax Audit Canada

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

Discover 5 CRA Audit Triggers and Get Tax Audit Help

If you have already endured a CRA tax audit, you know that it is an expensive process. Not only will it make your small business incur huge expenditures but also waste a lot of its time. Tax audit help can be found via some Canadian companies that are familiar with the practice of CRA auditors. » 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

CRA tax audit Process: What to Do If You Are Pick for It

Many people fear the CRA tax audit. It happens when the Canada Revenue Agency, CRA, evaluates your business books to determine whether you have paid your tax returns entirely. Being audited is not similar to being reviewed.  But if you fail to respond to a review or if the CRA is dissatisfied with your response » 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

Tax Audit Help Toronto, Tax Audit Help Canada

Getting Tax Audit Help Canada from The Tax Audit Specialists

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 » 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

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