Audit Representation | FBC, Canada's Farm & Small Business Tax Specialist

What to Expect from Accounting Professionals Regarding Your Family Business Taxes

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

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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.

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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.

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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.

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Your CRA Notice of Assessment has Arrived. Now What?

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.

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5 Things to be Aware of if You're Audited

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.

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What You Need to Know About a CRA Audit

If your business is audited by the CRA, there's a lot of processes that you're going to need to go through.

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Benefits of Getting Caught Up With Unfiled Tax Returns

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.

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What are Your Rights and Responsibilities During an Audit?

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.

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