Audit Representation

All FBC farm and small business owners benefit from our service guarantee that includes audit representation. If you're ever audited, as a Member with FBC, we'll represent you at no additional cost. You have the peace of mind knowing that we stand behind the tax solutions that we prepare for you. The experience, expertise and painstaking care we bring to each Member relationship means peace of mind for you in any audits or dealings with government agencies/departments and financial institutions.

Small businesses in Canada are a frequent target for CRA business audits. Knowing what to expect can help make the audit process less stressful.
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.
The CRA Notice of Assessment (form T451) includes your taxable income (Line 150) and your allowable registered retirement savings plan (RRSP) contributions and tax-free savings account (TFSA) limit for the current year. Be sure to compare your notice of assessment to your filed T1 or T2 tax return.
Here are 5 things you should know about CRA tax audits: whether you've been singled out for one or not, this is information that a small business owner should know.
If your business is audited by the CRA, there's a lot of processes that you're going to need to go through.
Voluntary disclosure can help you make things right with CRA and get caught up with back taxes. By filing your taxes you could also be benefiting from tax credits and tax programs that put you ahead financially.
The following 5 small business tax tips are recommendations of things that you should do over the next several months to reduce the taxes you pay.
What do you have to do when you've been audited - and what rights do you retain throughout the process? FBC represents small business owners being audited by CRA.
The prospect of being selected for an audit by the CRA is likely a scary one for many business owners.
From 2007 to 2012, Canada's underground economy grew larger, increasing by 14%. CRA does devote a large amount of their resources to finding unreported income.
Subscribe to Audit Representation