What Are the Best Practices for Preparing for a Tax Audit?

Описание: In this video, Radnoff Haworth LLP explains the key triggers that may lead to a tax audit by the Canada Revenue Agency (CRA). Charlie breaks down how discrepancies between your tax filings, such as mismatched HST and income tax numbers, can flag your account for review. Learn what other red flags, such as late filings and unpaid remittances, can attract a CRA audit and how to avoid them.

Stay informed and ensure your business stays compliant with CRA regulations.

Topics Covered:

0:04 What Triggers a Tax Audit in Canada?
0:09 CRA's Automated Process for Detecting Discrepancies
0:23 Red Flags: Late Filings and Mismatched Numbers
0:33 Filing Taxes Without Remitting Owed Amounts

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NOT LEGAL ADVICE. Information made available in this video in any form is for information purposes only and is a general discussion of certain legal matters. It is not, and should not be taken as legal advice. You should not rely on or take or fail to take any action based on this information. If you require legal advice, we would be pleased to discuss resolutions to specific legal concerns you may have.