Understanding how CRA audits work can help you prepare, respond appropriately, and minimize risk. Here's what you should know:
Whether you’ve received a CRA audit letter, handled an audit yourself and want to dispute the reassessment, or want experienced representation before things escalate, our Toronto-based team is ready to help. We offer focused, strategic support backed by deep knowledge of CRA audit practices and dispute resolution procedures. Every case is handled with results-driven care.
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Start by reviewing the letter carefully to understand what is being requested. It’s important to respond within the deadline provided. Submitting accurate, organized information early in the process can prevent further complications. If you’re unsure how to interpret the request, consult one of our tax accountant consultants with extensive CRA audit experience.
Avoid common triggers such as unreported income, excessive deductions, and inconsistent filings year-over-year. For business owners, ensure payroll, GST/HST, and income tax filings align. Use accounting software to keep clean records and avoid estimates.
Yes. If you disagree with the CRA’s reassessment, you can file a formal Notice of Objection. This begins the dispute resolution process. If needed, you can escalate the matter to the Tax Court of Canada. Our accounting professionals help you prepare a strong, evidence-based appeal.
Our tax representatives manage all communication with the CRA, organize supporting documentation, and respond to audit queries strategically. This reduces the risk of miscommunication and ensures your rights are protected throughout the process.
Post-audit, it's wise to conduct an internal review of your tax practices. Implement controls to improve documentation, set reminders for future deadlines, and address any CRA recommendations. These steps can prevent future audits or penalties.
