Updated: Apr 20
Did you know that 54% of CRA audit revenue comes from the small business sector. Don't leave anything to chance! Understand the common audit triggers and learn the best bookkeeping practices to avoid them, in our new e-book: What Every Canadian Small Business Needs to Know: Audit Triggers and Tax Compliance.
Are you at risk of an Audit? Have you:
CLAIMED HOME OFFICE EXPENSES?
CLAIMED VEHICLE EXPENSES?
REPORTED CASH-HEAVY INCOME?
HAD FAMILY ON PAYROLL ?
SUBCONTRACTED OR USED A SUBCONTRACTOR?
CLAIMED EXCESSIVE BUSINESS EXPENSES?
CLAIMED RENTAL PROPERTY LOSSES?
Learn more about these and other audit triggers, and tax compliance strategies. Download the ebook now!
Common CRA Audit Triggers
Tax Compliance Best Practices
Costly Bookkeeping Errors
Time-Consuming Audit Preparation
Home Office Expense Calculator