CRA Audit Support

CRA often targets certain sectors or line items to be examined further. This is usually not targeted at specific organizations but done on a more broad level. If your company is selected for a higher level review or audit by CRA you can be sure we will guide you and aid you throughout the process.

WE PROVIDE REASSURANCE WHEN IT COMES TO CRA AUDITS. DON’T WORRY ABOUT THE FEES.

Audit activity includes any audit, enquiry, investigation or review which is instigated by the Canada Revenue Agency (CRA) and other provincial revenue agencies to ensure business and taxpayer compliance with various tax and legislative requirements such as Personal Tax, Business Audits, Payroll Audits, GST/HST and Capital Gains Tax, amongst others.

The CRA and other provincial revenue agencies continue to focus on audit activity. These agencies are consistently provided with funds from the federal budget for this purpose.

Our firm’s Audit Shield Fee Waiver Service provides for the payment of professional fees incurred as a result of your filed return being selected for an audit, enquiry, investigation or review.*
Just because your returns are prepared accurately and on time, doesn’t mean you won’t be chosen for review. The cost of being properly represented in these matters can
be quite significant. Even if no adjustments are required, you could still be left with considerable professional fees if you are not protected by Audit Shield. Audit Shield provides a fixed, cost-effective solution to guard against these unbudgeted costs.

* The service is limited to the detailed terms and conditions which will be provided prior to acceptance.

Audit Shield is provided by our accounting firm and we hold an Audit Shield insurance policy (underwritten by Lloyds) so we can deliver this service to you.

Yes, a tax deduction can ordinarily be claimed if you are in business.

All of our clients are invited to participate in the Audit Shield Fee Waiver Service. In most cases, individuals and other family entities can be covered with the business entities –
for no extra cost.
If you decide to participate, your coverage commences one business day after your payment is received.*

* The service is limited to the detailed terms and conditions which will be provided prior to acceptance.

No, Audit Shield is an option our accounting firm provides to you, our client. It is entirely up to you if you wish to participate.

Please request information from one of our friendly team members to discuss your participation and to arrange an acceptance form to be sent to you.

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