When you need somebody to guide you through responding to CRA inquiries or to represent you during an audit, we're here for you! Our expert team will help you understand your obligations, respond to inquiries, and to make amendments to your return as necessary.
Our comprehensive Audit and Assurance Services include:
Tax Audits & Disputes
Tax Optimization Advice
Income and Deductions Verification
Financial Statement Audits
and more...
Why Am I Getting Audited?
The CRA chooses files for audits based on a risk assessment it conducts on your circumstances. This risk assessment includes personal factors such as the frequency of errors on your tax returns, or based on information on similar files. The CRA doesn’t provide specific information about why your file was chosen for audits.
When an auditor contacts you, give us a call right away. We’ll walk you through your audit and help you organize your affairs properly.
How do I prepare for an audit?
Start by confirming the identity of the auditor by asking for their name and phone number. You can call the CRA and confirm the audit.
Now, gather records, such as your previous tax returns and personal property details, and organize them. Try to get original copies of bank statements and other proof to support your case. You may be able to submit documents through your MyAccount on the CRA website. If your audit is conducted on-site, you can bring original copies of documents.
No matter what your audit concerns are, our expert team is ready to help. Contact us for a no-obligation quote today and we’ll help you get this sorted right away!
Good record-keeping changes everything
The CRA can request an audit for tax returns up to six years ago. Keep your records up-to-date now to save yourself the grief later.
Depending on the type of audit requested, you should prepare documents such as:
- Credit Card Statements
- Bank Statements
- Mortgage Documents
- Charitable Contribution
- Tuition Slips
- Income Slips
- Contracts, Invoices and Expense Receipts, if you claim business deductions
You may also be asked to provide documents from other members of your household or partners in your business.
Why Choose Us?
With decades of experience in Canada and internationally, we are well-positioned to be your full-time accounting & tax partner.
Whether it be Audit and Assurance or another service, you can expect accuracy, honesty, and relevancy when you trust us with your needs.
Speak with us
We are pleased to offer a free, no-obligation consultation to determine which services suit you.
