What to look for on your Notice of Assessment

After you file your tax return, you’ll be issued a Notice of Assessment (NOA) from the Canada Revenue Agency (CRA). We provide some tips on what to look for when you receive your NOA, common reasons for discrepancies between your NOA and tax return and how to handle them.

Tags: Audit Representation, Farm Taxes, Financial Planning, Legal & Compliance, Small Business Taxes, Tax Consultation, Tax Planning , Tax Preparation

Continue Reading

How the Sharing Economy Impacts Your Taxes

Discover how the sharing economy can impact your taxes.

Tags: Audit Representation, Bookkeeping, Farm Risk Management, Farm Taxes, Tax Planning, Financial Planning, Small Business Taxes, Tax Preparation

Continue Reading

CRA Audit Triggers and What to do if CRA Audits You

Canada Revenue Agency (CRA) has ramped up audits of small- to medium-sized enterprises. Audits are nothing to fear if you comply with tax rules and regulations.

Tags:

Continue Reading

CRA Representation and Tax Audit Assistance

Not being prepared for a CRA audit and accepting the ruling can be a costly mistake. Being represented by tax professionals can ensure you are treated fairly.

Tags:

Continue Reading

Debunking Canadian Tax Audit Myths

These myths about tax audits could increase your likelihood of getting audited. The tax professionals at FBC will help separate tax fact from fiction.

Tags:

Continue Reading

When to Hire a Tax Consultant as a Small Business

Tax professionals provide more than just tax and payroll services, they can help your business at various stages of growth.

Tags:

Continue Reading

Get a Tax Professional for Family Business Taxes

Tax professionals can help family run businesses in Canada manage their business accounts, minimize taxes, maximize profits, and save money.

Tags: Audit Representation, Farm Taxes, Small Business Taxes, Tax Planning, Tax Preparation

Continue Reading

5 Triggers That Can Lead to a Tax Audit

You might have filed your taxes and spent your refund, but you could still be asked questions or audited by the CRA. In fact, a number of risk factors can lead to a CRA tax audit.

Tags: Audit Representation

Continue Reading

How Does the CRA Conduct a Business Audit?

Small businesses in Canada are a frequent target for CRA business audits. Knowing what to expect can help make the audit process less stressful.

Tags: Audit Representation, Small Business Taxes

Continue Reading

Tips on Tax Audit Protection for Small Businesses

Having your taxes audited by the Canada Revenue Agency is stressful and costly. Fortunately, there are steps you can take to keep your taxes in order and the CRA happy.

Tags: Audit Representation, Small Business Taxes

Continue Reading