Voluntary Disclosure vs CRA Audit
A voluntary disclosure can provide relief from penalties and potential prosecution, but only if it is made before the CRA takes enforcement action.
Audit
CRA Net Worth Audit: How to Defend Against a Reassessment
CRA net worth audit reassessment? Learn how to defend against CRA assumptions and reduce your exposure.
CRA Net Worth Audit: How to Defend Against a Reassessment Read More »
CRA Corporate GST/HST Audit Powers and How to Respond
The CRA has broad powers during corporate GST/HST audits, including document demands and compelled interviews. Learn about your rights and risks.
CRA Corporate GST/HST Audit Powers and How to Respond Read More »
Employee vs. Independent Contractor in Canada
A clear explanation of the employee vs. independent contractor test in Canada, how the CRA applies it, and why misclassification creates major tax risk for businesses and workers.
Associated Corporations and Control Rules Under the Income Tax Act
How does the CRA determine if corporations are associated? Understand how control rules under the Income Tax Act affect business structures and tax exposure.
Associated Corporations and Control Rules Under the Income Tax Act Read More »
CRA Net Worth Audits: How the CRA Calculates Unreported Income
Under CRA review for unreported income? Discover how net worth audits work and how to challenge inflated assumptions.
CRA Net Worth Audits: How the CRA Calculates Unreported Income Read More »
CRA Lifestyle Audits – When Your Spending Doesn’t Match Your Reported Income
What happens when the CRA thinks your lifestyle exceeds your reported income? Understand the audit process and how to respond.
CRA Lifestyle Audits – When Your Spending Doesn’t Match Your Reported Income Read More »
Received a CRA Audit Letter? Here’s What To Do
Got an audit notice in the mail? Take the right first steps to protect yourself and avoid deeper issues.