If your small business is audited by the CRA, our in-house tax compliance experts are here to help.

 

Worried about a CRA audit?

 

The Canada Revenue Agency (CRA) audit is a process through which the government reviews and assesses individuals' or businesses' financial records, tax returns, and other related documents to ensure compliance with tax laws and regulations. Being prepared for a CRA audit is of utmost importance for several reasons. Firstly, a thorough and organized preparation helps to ensure accurate and complete documentation, reducing the likelihood of errors or discrepancies that could trigger further investigation. Secondly, a well-prepared response demonstrates transparency and cooperation, fostering a positive relationship with the CRA and potentially leading to a smoother audit process. Additionally, being ready for an audit empowers taxpayers to understand their financial situation better, enabling them to address any potential issues proactively and potentially mitigate penalties or interest charges. Ultimately, a proactive and well-prepared approach to a CRA audit showcases a commitment to legal and ethical tax practices, safeguarding both financial interests and reputations.

 

The experience of being audited is certainly stressful, if not downright terrifying, but Henderson Roller Partnership can help your business get through it. We understand the auditing process and will make sure that you are prepared for everything. Once you understand what your audit involves, you will be less stressed and ready to control the situation.

 

We help small businesses deal with CRA audits in the following ways:

 

• Preparation, so that you have the required documents ready before the CRA even requests them

• Education, so that you understand what your lengthy auditing process is going to involve and know what to expect

• Advice, so that you can approach the situation with clarity instead of confusion and unanswered questions

 

Want to get ahead of your upcoming audit? Don’t embark on the journey alone. Learn how the qualified tax professionals at Henderson Roller Partnership can help today.