Tag Archives: tax investigation

Need CRA Tax Audit Help?

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 cracks. Unfortunately for many companies, these details often are related to their finances.

The overlooked items may start out small, but over time they compound until the business is faced with major accounting errors. The truly unfortunate part is they may never even realize it until an auditor starts to look through their books. Rather than face a hefty tax bill, use our experts at Tax 911 Now for all CRA tax audit help in Toronto. All businesses may feel they need tax relief of some kind or another, but for those backed into a corner by an impending audit, the feeling of being trapped is even more intense. That is why our professionals at Tax 911 Now are there night and day to give companies the relief they need by offering CRA tax audit help. 

 

Your own CRA tax audit help

The first and most immediate relief our clients experience is finally having representation. They no longer are forced to deal with CRA auditors themselves. At Tax 911 Now, our experts are some of the best in their field for negotiating CRA tax audit help in Toronto and appealing unfair findings. Unfortunately, CRA agents can sometimes exploit a company’s lack of tax knowledge to force it to pay bigger penalties. They even threaten criminal prosecution in some cases. With Tax 911 Now’s CRA tax audit help, these fears quickly fade away for our clients.

 

You Can Afford It

Once a settlement is reached, our professionals will make sure our clients have a monthly payment plan that fits easily within their budgets. Many of our clients are afraid to come to us because they think their taxes and fees are so substantial that they can never get out from underneath them. They wait until the CRA threatens to lean out their property or freeze their bank accounts. No tax issue is too small or too large to find relief.

 

You Do Not Have to Get Behind

For further information about Tax 911 Now or to have us start relieving your tax stress, call our professionals at 1-877-918-2991 or visit us at 129 Telson Road, Suite # 100, Markham, Ontario, L3R 1E4. Our experts will be happy to help and provide any CRA tax audit help necessary in Toronto and other cities in Canada. Remember it is never too late to rectify a bad tax situation. The dedication of our staff is second to none, and we will work tirelessly to find answers to any and all of our clients’ problems. Still feeling unsure? Take advantage of our free consultation to begin to find the CRA tax audit help your business needs. Do not let the fear of a tax audit cripple your company, call us today and find relief at 1-877-918-2991.

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 a sudden, you’re informed that you’re being audited by the Canada Revenue Agency. Before you stop opening your mail or answering the phone, go into hiding, lose sleep, or even your head, here is some information on how The Canada Revenue Agency conducts its audits and information on how tax professionals can help you with your Toronto CRA tax audit solutions. 

How The CRA Selects Its Audits

Computer generated lists are the most common way the CRA selects its audits. All returns are stored electronically in computer systems, which allows the CRA to sort returns according to various groups. The CRA compares selected financial information from the current year and various years of tax payers engaging in similar business or occupations. A computer generated list is compiled, and the CRA selects from the list, who will be audited. But, the CRA can also conduct its audits based on audit projects, leads, and secondary files.

  • Audit Projects – The CRA tests the compliance of a particular group. If the group tests indicate non compliance among the group, this can trigger an audit.
  • Leads – Other audits, investigations, and outside sources can trigger an audit.
  • Secondary Files – Sometimes audits are conducted based on a partnership or association with a previously audited person or business.

How CRA Conducts Its Audits

If your return is selected for an audit, the CRA will review your records either at their office or at your place of business. Records for audit include the information on file at the CRA office, selected returns, financial statements, previous audit reports, business ledgers, journals, bank accounts, sales invoices, purchase vouchers, and expense accounts. To avoid delays, the CRA recommends keeping well-kept records.

Toronto CRA Tax Audit Solutions

If you find that you are facing a tax audit and are looking for CRA tax audit solutions, let Tax 911 Now, a professional and dedicated team of tax professionals, help you. Tax 911 Now, serves the Toronto, York region, Durham region and more. Tax 911 Now has in depth knowledge and experience with CRA tax audit solutions. This team of tax professionals can help you with CRA tax audit solutions such as tax audits, unreported income, overdue tax arrears problems, Canadian tax relief, tax collection problems, wage garnishments, bank levy, GST/HST audits, PST audits, business expense disallowed, voluntary disclosure programs, tax amnesty or tax pardon, demand to file and more. Tax 911 Now is available to help with all your CRA tax audit solutions, so come in for a visit today.

Tax 911 Now is available to help customers in Toronto, Markham, Calgary, and Vancouver and more with all their CRA tax audit solutions.

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 review your records. This can sometimes trigger a tax audit, which may cause some fear in people. If you don’t want to have to go through the extensive auditing process alone and have to pay fines to the CRA. If you live in the Toronto, York Region, Durham Region and more, you will want to find CRA Tax Audit Help to deal with these issues.

 

Tax 911 Now is the better way

Some people might be interested in hearing about the advantages that Tax 911 Now’s CRA Tax Audit Help can bring to them. To understand these advantages, they will need to think about how much they might owe to the CRA if the audit dealing fail. The CRA will find a way to request that these tax payments be made to them. They might be able garnish your wages, for instance. This would mean that a certain amount would be subtracted from your paycheck each month. All of this money would be transferred to the CRA until your tax debts were paid off. You can avoid issues like this if you seek out CRA tax audit solutions. These CRA Tax Audit Help can be well worth the investment for many people who might be looking to find this kind of help. Local Toronto residents may be facing some considerable tax issues these days. If you want to find a solution to some of these problems, consult with the experts at Tax 911 Now.

 

CRA Tax Audit Help by Tax Experts

Other people may be curious about how these CRA Tax Audit Help can work for them. The first step will simply be to contact a representative from Tax 911 Now. If you do this, they will link you up with an experienced consultant. Give this consultant some basic information about your tax issue, so you can get direction on what steps you should take. The CRA Tax Audit Help will be tailored for the individual who needs them. Tax 911 Now has years of experience doing this, we understand what you need in your CRA Tax Audit Help. There are many people who simply become overwhelmed by tax audits, but you don’t have to let that happen to you.

 

Let Tax 911 Now try to reduce your tax penalties

Finally, don’t forget that you can reduce the risks of future audit by dealing with these CRA tax audit properly and successfully now. Tax 911 Now has the expertise to guide you through the complicated audit process. You will be so relieved once the audit is over with satisfactory results. We will provide you with the optimized CRA Tax Audit Help once you become engaged with Tax 911 Now. This could be the best solution for many people living in the Toronto, York Region, Durham Region and more. You can call 1-877-918-2991 to get started for a free consultation.

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.

Here are five tips for dealing with the CRA:

  1. Politeness Goes A Long Way:
    If you are dealing with a CRA auditor, it can be difficult to stay calm. Especially the auditors from big city such as Toronto. However, write down the name of the representative, their department, phone number and the date of their call. If you get a CRA audit Toronto, one of the worst things that you can do is to ignore them. The CRA is willing to work with people provided that they meet them halfway. 
  2. Procrastination Is Enemy Number One:
    If you are unable to get a hold of the CRA over the phone, then leave a message. The thing that the CRA values is that the person tried to get a hold of them. A CRA audit is not going to go away. If you ignore them, things will escalate, so it is far better to be honest with the CRA and not procrastinate talking to them. The last thing that you would want is for them to take tax evasion actions. The CRA will never fault you for being honest.
  3. Never Volunteer Information:
    When you are going through a CRA audit, it is important never to simply volunteer information to them over the phone. The CRA cannot legally force you to answer any questions over the phone. In these situations, it is best to hire a representative like Tax 911 Now. With Tax 911 Now, you have a company that is dedicated to helping you succeed in your CRA audit in all cities across Canada, including Toronto, Markham, Richmond Hill, Vancouver, etc.
  4. Ask Them To Put It Into Writing And Mail It:
    You can request the auditor to put the requirement in writing. This buys you extra time to get a representative, and it shows them that you are not deliberately avoiding them. 
  5. The CRA Audit Takes Time:
    If you are dealing with a CRA audit Toronto, then the thing you need to keep in mind is that it will take time. The CRA takes their time, and they do not keep you informed either. A CRA audit Toronto can take anywhere from six to nine months. One thing to keep in mind is that just because the CRA says something, that does not mean that they are right.

One such company that would be Tax 911 Now. This company deals with tax audit daily, so they have experience. You can visit them by clicking here or you can also call them at 1-877-918-2991, in order to schedule a free consultation on tax audit help. 

Best CRA Tax Audit Help 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 and every ‘t’ crossed, an audit can still be frightening in the heart of individuals and business owners. If the Canada Revenue Agency (CRA) is slated to put your personal or business earnings under a microscope, you’ll need seriously committed and well-rounded professional CRA tax audit help to find the best CRA tax audit help.

 

Professional Accountant

You might assume a professional accountant should be enough. After all, a really good accountant understands accounting and numbers. An accountant is in an excellent position to explain your business’s day to day bookkeeping very well. However, an accountant may not have knowledge of the complex tax system. Without such knowledge, even the best accountant may find himself overwhelmed when faced by a determined tax agent. Moreover, an accountant are not trained to be negotiator and thus can not negotiate a best settlement for his client.

 

Good Tax Attorney

On the other side of the coin, a good tax attorney, while thoroughly versed in the legal aspect of tax system, may not have the needed accounting and bookkeeping know-how to explain your business’s day to day operations. Facing your Toronto tax audit requires  thorough understanding and representation of your personal and business operation. You need people in your corner who understand both accounting and tax/legal systems. Clearly, the best CRA tax audit help offered at Tax 911 Now embrace both the accounting and legal aspects inherent to a tax audit of your personal or business earnings.

Fortunately, the best CRA tax audit service is available with local offices in the Toronto, York and Durham areas. Your Toronto business may not have an expensive and impressive pool of attorneys and accountants on staff like other big businesses do. Yet, with CRA tax audit help available through Tax 911 Now, there’s no need.

Dedicated Tax Audit Experts

Tax 911 Now is manned by dedicated, compassionate professionals determined to help you and your business. No matter the problems involve unfiled taxes, unreported income, tax levies or tax garnishments, our service can and will help you. Tax 911 Now’s professionals know accounting, tax as well as CRA’s complex rule and regulations. They understand the tax system and they know how to negotiate for their clients. Tax 911 Now’s CRA tax audit help offer the prevention of an unfair tax assessment.

For your personal or Toronto-based business CRA tax audit help, call Tax 911 Now today at 1-877-918-2991. Find us online at https://www.tax911now.ca/ or come for a visit. You’ll find us at 129 Telson Road, Suite # 100, Markham, Ontario, L3R 1E4.

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 information for taxpayers across similar businesses or occupations to generate lists of returns, some with information inviting audits.

 

Groups are targeted

Special projects probe compliance of particular taxpayer groups. If any non-compliance discovered, the CRA may expand the audit locally, regionally, or nationally. Leads from previous audits or from outside sources and filings of taxpayers associated in business with those already audited round out the most common methods of selection.

CRA audits examine financial statements, previous audit results, ledgers, bank account statements, sales invoices, purchase receipts, expense accounts, and other business records. A desk audit (at a CRA office) may require the taxpayer to identify or explain questionable items and to bring specified documents for examination for unreported income. A field audit (at the taxpayer’s home or office) usually means a more serious potential liability.

 

We go investigate your taxes to ensure proper credits are given to you

When providing tax audit help in Toronto and other areas, Tax 911 Now has found that auditors do not review all information necessary. Auditor errors are not unusual and can cost taxpayers thousands; By working with Tax 911 Now for tax audit help, you can prevent such costly errors, first by reducing the audit risks.

Tax 911 Now’s comprehensive audit solution program first identifies taxpayer problem areas likely to attract CRA audits. The self-employed are more at risk of audits than are hourly or salaried workers. Sudden, dramatic changes in economic circumstances or a standard of living much higher than the norm for taxpayers similarly situated often arouse CRA curiosity. Business losses over several years may make the CRA suspect setoffs to other income. Participation in tax shelter programs like donation schemes is a matter for CRA scrutiny. Deduction of more than 15 per cent of income for home office expenses signals a case for an audit. Tax Audit Help Toronto advises taxpayers in any of these situations to be especially careful in keeping records and receipts for expenditures.

Tax 911 Now advises small business owners to have all returns filed on time and all documents ready and to be prepared for any audit. Records should detail all income and every expense. Although the CRA audits fewer than 5% of small business proprietors, it is important to keep complete records over seven years

The CRA’s interest in whether the self-employed report their full incomes is constant. The CRA also watches for discrepancies in incomes reported from sole proprietorships and partnerships. It is required that everything earned must be reported. Tax Audit Help Toronto advises small business owners to be consistent with record keeping.

A small business with lots of cash sales should record all of them and should file appropriate forms for all business areas on time. Claims for deductible expenses must relate to the business. By following these suggestions from the expert in tax audit help services in Toronto, taxpayers should be able to reduce the chance of CRA audits or handle them easily when there is one.

Tax Audit Help Toronto, Tax Audit Help Canada

Need Tax Audit Help Toronto, Canada?

Need Tax Audit Help Toronto, Canada?

Each year countless Toronto residents live in fear of having their tax returns audited by the CRA in Canada. If you ever get a notice from the CRA about being audited, you should turn to professionals, like the tax team at Tax911now.ca, for tax audit help Toronto. Tax payer audit help Toronto is available or anyone who received audit notice sent by CRA demanding verification of tax reported.

Tax audit prevention

The first preventive step one can take to avoid a tax audit is to hire a tax accountant to file your returns for you. Business owners, especially, need to hire a tax accountant to keep track of all of their financial records. Audits can still happen, but they will not be as worrisome if you hire a reputable tax resolution firm that has experts in the tax system on board, such as ex CRA agents.

Bring all information to your meeting

Before you go in for professional tax audit help Toronto, Canada gather up all of your financial records and take them with you. That way a skilled tax lawyer can take a look at your tax situation and devise a tax resolution plan for you. Under Canadian law, taxpayers are supposed to keep copies of their financial records for at least six years, so take all the papers your tax resolution services tells you to bring. Tax resolution professionals are experts at devising the best plan for people that need tax audit help Toronto.

Undergoing an audit by the Canadian Review Agency is one of the most stressful things. You will want to make sure you to enlist the services of a professional tax firm that specializes in tax audit help Toronto. When you hire professional tax audit help Toronto, you can let them handle the audit for you. In fact, the less time you spend talking to the auditor, the better.

Let your tax representatives do all the talking for you. Tax resolution firms that have ex CRA agents and skilled tax specialists on staff are the best to use when you need tax audit help Toronto. Contact tax911now if you need tax audit help Toronto Canada.

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 general, the risk of being selected for a CRA audit are greatly reduced if you work with a professional tax preparation service who has tax audit expertise. Equipped with years of tax audit expertise, Tax 911 Now, with offices in Toronto, York and Durham regions, prepares the tax returns of the business or individual with the mandate of audit risk control in mind.

 

Need tax audit help? 

If you’ve received a audit notice and need help, Tax audit help can be found by using a Tax 911 tax consultant in Toronto. When a CRA audit begins the taxpayer is contacted directly by the CRA; Tax representative at Tax 911 Now can start to represent you in the audit and help to schedule meetings and ensure all the required documents are assembled and complete before being presented to a CRA agent.

 

We are Tax Audit Experts

For tax audit help, Toronto taxpayers can choose one of two options for completing an audit, which are to assemble and send required documents to a CRA office or to allow a CRA agent to audit the business at its place of business. Tax 911 will ensure the audit goes well by providing tax audit help effectively and professionally. Tax audit help starts with a negotiation with CRA agents on the scope, the time and the location of the audit and then organizing all meeting times and locations. For an audit to be completed successfully a number of documents are required by the CRA agents, including sales ledgers, bank account statements and invoices, etc. Tax 911 Now can provide tax audit help Toronto businesses need by checking all the documents required for the audit are complete; when required a tax professional will usually attend the audit at the meeting place or place of business to ensure all the auditor’s requirement are met. By being present throughout the audit, the tax professional can ensure correct procedures are followed and any questions the auditor has are answered quickly and correctly without disclosing information unnecessarily.

 

Tax help for all over the Greater Toronto Area GTA

For many Toronto, York and Durham residents, employing a professional tax preparation and accounting services, such as Tax 911 Now, gives them peace of mind that their taxes and potential tax audit problems are handled correctly. By handling the CRA tax audit for individuals and business for many years, Tax 911 Now has the expertise to make sure that tax returns are audit proof to reduce the risk of audit problem for future.

 

For help with taxes from Tax 911 Toronto individuals and businesses can call 1-877-918-2991 or call into the office at 129 Telson Road, Suite # 100, Markham, Ontario, L3R 1E4.

Guide To Getting CRA Audit Services in Toronto

Many residents in the Toronto area may suddenly find themselves needing tax services. They may not understand what they need to do in order to clear some of these issues that may have come up for them. These residents will want to secure CRA audit Toronto services.

CRA investigation? 

There are a few reasons why people may suddenly find themselves being investigated by the Canadian Revenue Agency (CRA). This is the local governmental body that will be performing reviews of the tax records for citizens. Some may have heard that CRA audit Toronto services are available to them through Tax 911 Now that is dedicated to providing tax audit help Toronto residents can trust. Residents from the Toronto, York Region, Durham Region and more will be curious about how they can get help.

Several people out there may have found themselves the target of a review by the CRA. The agency will want to take a closer look at the filings of many taxpayers. They may also be curious about people who tend to owe quite a bit in back penalties. Though there may be many reasons why it might start, it seems that most people will want to take a look at tax audit Toronto services.

Many individuals might be wondering how they can cope with some of the audit notice that they can expect to receive from the CRA. This can place a considerable burden on anyone who may be depending on that kind of income to get by in their lives. The fact is that there are a number of different CRA audit Toronto services for taxpayers in Greater Toronto Area or GTA.

There are actually quite a few different ways that these tax audit services could help these people. They may be looking for ways to make their audit go as smoothly as possible. Most everyday people will be a little confused by the process that occurs during an audit. This is why CRA audit Toronto services are so important to many people out there. The team at Tax 911 Now are actually very dedicated and professional. This means that residents can trust them to deliver CRA audit Toronto services professionally and effectively.

Need tax audit help

Finally, Tax 911 Now will be available to help just about everyone that lives in the Toronto, York Region, Durham Region and more areas. They feature many tax professionals who understand how to deliver CRA audit Toronto services effectively. Call Tax 911 Now team at 1-877-918-2991 and come for a visit to get help on your tax audits immediately.

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 becomes compulsory for businesses to register GST/HST accounts and start collecting on behalf of CRA.

Many business owners do not understand their obligations to register GST/HST accounts even if they exceed the sales threshold. While other business owners, who may have registered GST/HST accounts, did not report or remit the GST HST properly for various reasons and caused CRA GST HST audit trouble years down the road.

We know too many small business owners being audited and penalized due to the GST or HST reporting problems.

Some of them, due to circumstances, amount to criminal investigation; some even lost their homes. Once the GST HST problem is caught by CRA, life will never be the same.

What You Need to Do Immediately to Fix Your GST HST Audit Problems?

If you feel you will be audited by CRA pretty soon or you have received letters or calls or personal visit from the tax man, then you cannot afford to wait any longer! Do something to resolve your tax audit problems.

It makes far more sense, and will be less costly, to resolve your tax audit problem right away, rather than dealing with the financial burden of huge reassessment amount and other penalties later.

The first step is to stop procrastinating and running. Take action today!

Hire someone who is qualified and has the experience to help you survive the audit. Many people try to handle their tax audit themselves, resulting in disastrous financial results. Some even ended up fighting in court.

We have helped many clients with their tax audits. Our experience and expertise have led to superior results that even senior tax auditors respect. See that yourself in testimonials.

Get Tax Relief TODAY by calling Tax 911 Now team at 877-918-2991 or go to Contact page.

Our Free No Obligation Consultation & Result Guarantee

To begin with, we offer first time RISK FREE unlimited time consultation just to help you to understand the depth and complexity of your tax problems. We will also provide you the recommended steps to take to fix your tax problems. It is no obligation and thus it is completely up to you to decide what to do from there.

We guarantee the result we can get is much more beneficial than if you do it yourself. Save you thousands of monies in addition to the relieve of the awful stress. We take the emotional factors out of the process. We take care of the uncertainty for you.