What to know
The records and habits that make a CRA review or audit less disruptive.
- Keep complete records and organized invoices and receipts
- Reconcile accounts
- Document major transactions
- Preserve payroll and HST records
- Make sure the financial statements are accurate
- Respond to CRA notices instead of setting them aside
Put it into practice
If a review or audit notice has already arrived, get advice before you send a partial answer. The firm represents clients and works with the CRA through the process, including appeals.
A note about this resource
This is general information for business owners in Ontario and the GTA. It is not tax, legal, or accounting advice for your file.