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A CRA audit is a review of your financial records by the Canada Revenue Agency (CRA) to ensure your taxes are reported accurately and comply with Canadian tax laws. The CRA may audit both individuals and businesses to verify the accuracy of income, deductions, credits, and other tax claims.

There are several reasons why the CRA may choose to audit you, including discrepancies in your tax returns, unusual deductions, random selection, or industry-specific reviews. Being audited does not automatically mean there’s an issue with your taxes, but it’s essential to respond promptly and correctly.

The duration of a CRA audit depends on the complexity of your tax situation and the responsiveness of the taxpayer. Simple audits may take a few weeks, while more complex cases can last several months. Our team works to minimize delays by handling all communication with the CRA on your behalf.

Typically, the CRA will request financial records such as income statements, expense receipts, bank statements, and any supporting documents for deductions or credits claimed. It’s essential to provide accurate and complete information to avoid further complications. We can help you organize and prepare your documents for submission.

If you disagree with the CRA’s audit results, you have the right to file an objection and dispute the findings. This process involves submitting a formal notice of objection, which our team can assist you with, ensuring the best possible outcome for your case.

Yes! We specialize in reducing penalties and interest resulting from a CRA audit. By reviewing your situation thoroughly, we identify opportunities to minimize fines, negotiate payment plans, or, in some cases, eliminate penalties altogether through various CRA relief programs.

The cost of CRA audit representation varies based on the complexity of your case and the services required. We offer a free consultation to assess your needs and provide a transparent fee structure, so you know exactly what to expect.

Ignoring a CRA audit can lead to serious consequences, including reassessments, fines, penalties, and in severe cases, legal action. It's crucial to address audit requests promptly and properly. Our team ensures that you stay compliant and avoid the costly consequences of non-compliance.

Yes, we can assist you with CRA tax disputes. If you believe the CRA's audit results are incorrect, we can help you file an objection, present evidence, and represent you throughout the appeal process to achieve the best resolution.

You can schedule your free consultation by clicking the "Get a Quote" button at the bottom of this page or by visiting our Contact Us page. During the consultation, we’ll review your situation, answer any questions, and explain how we can assist you through your CRA audit process.