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A CRA audit can be a terrifying and stressful experience. It is in your best interest to consult with a tax expert, such as SAU Consulting & Business Advisory Services. We provide CRA audits in Canada that exceed your budget. Prepare with Canada's leading audit protection solution. Our professional accountants assist and advise small and medium-sized businesses. To learn more about CRA audits in Canada, please visit our website at https://www.sauconsulting.ca or call (587) 284 3266.
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SAU Consulting & Business Advisory Services CRA Audits in Canada www.sauconsulting.ca
When the Canada Revenue Agency (CRA) audits a business, it closely examines the company's books and records to ensure that they support the amounts reported on tax returns, ensuring that the company pays the correct amount of taxes and receives any benefits to which it is entitled. AboutCRA Audits
The Canada Revenue Agency may also choose to audit a person or business even if there is no reason to do so. In general, the CRA can audit a person up to four years after a tax return has been filed, except in a few cases, such as a case of suspected fraud or misrepresentation.
The risk-assessment systems of the CRA identify tax returns that are considered to be at high risk of noncompliance. When a return is flagged as high-risk, a CRA officer will review information from multiple sources to determine whether an audit is required to address the risks identified.
If the CRA discovers a mistake or miscalculation, they may request supporting information or documents for a specific amount. An audit is a thorough examination of an individual's income tax returns, usually spanning more than one year.
How can we assist you? Canadian tax rules are complicated, and the final tax liability is largely determined by how the tax law is interpreted. But don't be concerned. SAU Consulting offers CRA Audits in Canada that are over budget.
Address: Suite 2010, 777 – 8th Avenue SW Calgary, Alberta T2P 3R5 Phone: (587) 284 3266 Contact Information: Email : info@sauconsulting.ca Website: www.sauconsulting.ca