The moment the CRA starts asking questions you should be on high alert. Sometimes what may appear to be a basic request for information can be the beginning of a formal CRA audit. Sometimes your answers to very basic questions can be the triggers the CRA needs to look through your tax profile and initiate a formal tax audit.
If they views your activities as nefarious, you could face the full wrath of the CRA. A tax audit that doesn’t end up in your favour can cost you with:
Do not undergo a CRA audit unrepresented. If the CRA has started asking questions, contact us immediately for a free consultation. Our team of ex-CRA auditors offers you a free initial consultation, which we review your unique situation over the phone to develop a strategy to manage the CRA audit process for you and ensure a favourable outcome. To request your free consultation, please call us at 1-888-868-1400, or fill in the form on the top of this page.