There is nothing more time consuming than a “crash course” in tax law when the CRA decides to audit your return. Just the time it takes to gather the documentation supporting every line item on your tax return is substantial, never mind the additional time it will take you to learn about tax laws. And when that audit letter arrives in the mailbox, you will spend the additional time because you know that by not complying with the auditor’s every request, you will likely end up with a hefty tax bill complete with interest and fees for tax deficiency. Meanwhile, your business and your personal life will suffer. A CRA Tax Auditor is trained to pick apart a tax return and scrutinize every line. It’s an auditor’s job to extract every scrap of information that you are legal obliged to provide. A simple wrong answer can immediately raise a red flag resulting in opening all previous tax returns.
Our clients rarely have to do more than forward us a CRA Notification of Audit Letter-should one arrive. As part of our expert tax preparation services, we take on the CRA for you. We handle the paperwork, the questions, the scrutiny, and the intimidation factor while you go on about your business as usual. If you have received a CRA audit Letter, please drop off at our office and let us handle on your behalf.