Receiving an Audit Letter from Revenue Canada is quite scary for Business Operators. Audits take a significant chunk of your time, peace of mind and require you to gather records to justify each and every item reported on your tax return and develop a comprehensive understanding of tax law.
Revenue Canada will recalculate tax and send you a hefty tax bill in case of any discrepancy. Many taxpayers decide to handle a tax audit themselves to avoid Representative’s Fee but they receive a substantial bill for a significant tax deficiency.
If you’ve received an audit notice from Revenue Canada, contact us without wasting time as there is a time limit to reply and schedule an audit. We arrange Audit meetings at our office and negotiate with the Auditor to save tax.