Things To Know About CRA Audits Canada - SAU Consulting

THINGS TO KNOW ABOUT CRA AUDITS SAU Consulting CANADA

Don't Get Nervous Firstly, you have to understand whether this is an actual audit or not because in most cases, this is a tax review.

Answering back to the CRA with in the specific time will help to acknowledge it.

For example, the CRA has been working on a project for two

years,where

they

are

only

interested

in

documentation to support professional fees.

So, in the case of a tax review, the matter usually ends

Include The Requested Details

You want to make it easier for the CRA to review your response, so it is important to provide everything explicitly and as comprehensive as appropriate.

Explain in detail clearly, if any of the records are incompleteor missing from your file.

Engage With An Expert CRA Audits Canada is a detailed and comprehensive process.

An expert, usually an accountant, can handle the information so that the auditor can understand what was done and why.

Contact us now if you need any help or for any other

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