Audit Assistance: Navigate CRA Audits with Confidence
Facing an audit can be intimidating, but you don’t have to go through it alone. At GROW Profit Inc., we offer comprehensive support for all types of Canada Revenue Agency (CRA) audits. Whether it’s a personal tax audit, corporate review, GST/HST check, or payroll audit, our expert advisors are here to guide you through every step.
Our goal is to make the audit process stress-free, helping you understand what’s happening, ensuring you have all the required documentation, and communicating effectively with the CRA on your behalf.
Why Do You Need an Audit Companion?
Audits can happen to anyone, often at random, and receiving an audit notice can be overwhelming. Having an expert by your side means:
- You know what to expect during the audit process.
- You have professional representation when communicating with the CRA.
- Mistakes are minimized, and your rights are protected.
- You’re not facing unexpected penalties or fees alone.
Our experienced team ensures that you stay compliant, prepared, and ready to handle any CRA requests with confidence. Get peace of mind knowing that your audit is being managed by professionals who are here to protect your interests.
Types of CRA Audits We Assist With:
- Personal Tax Audits:
These audits ensure the accuracy of personal tax returns. We’ll help you gather all necessary documents and represent you during the process.
- Corporate Tax Audits:
Corporate audits can be detailed and time-consuming. Our experts are here to help you verify that all business taxes are filed correctly and address CRA inquiries effectively.
- GST/HST Tax Audits:
Audits related to GST/HST collection and payments require accurate records and compliance. We ensure you have everything needed to demonstrate correct filing.
- Payroll Tax Audits:
Payroll audits verify that your payroll taxes are being handled correctly. We help you ensure compliance, so there are no surprises.
- WSIB Payroll Audits:
These audits verify that your workplace safety insurance premiums are paid correctly. We work with you to ensure that your records are in order and that you comply with all requirements.
What Happens During an Audit?
- 1. CRA Contact:
The audit process starts with a letter or phone call from the CRA. They will either meet in person or review your documents remotely, requesting records such as receipts, tax returns, and financial records.
- 2. Review and Outcome:
After reviewing your information, the CRA may agree with your initial filing or propose adjustments. We help you understand their requests and provide necessary support, ensuring you get the best possible outcome.
Voluntary Disclosure Program
Have you made mistakes on your previous tax returns? The Voluntary Disclosure Program gives you an opportunity to correct these errors. By disclosing your mistakes voluntarily, you may avoid penalties and only be responsible for interest charges. Our advisors will help you decide if this is the right choice for you and assist you in preparing a disclosure that complies with CRA standards.
Why Choose GROW Profit Inc. for Your Audit Support?
- Expert Guidance:
Our team knows the audit process inside and out. We know what the CRA is looking for and how to provide exactly what they need, reducing stress and ensuring compliance.
- Minimized Stress:
Facing an audit can be daunting, but with GROW Profit Inc. by your side, you’ll have a partner to guide you through every step, communicate with the CRA on your behalf, and represent your interests.
- Proactive Approach:
We help you stay ahead by preparing your records, advising you on best practices, and keeping you informed of your rights and responsibilities.