Audits + CRA Reviews

 
 

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We are available all year round for any questions or concerns you may have in regards to audits and pre-assessment reviews.

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pre-assessment reviews

Our team of professionals are trained in dealing with all types of audits and pre-assessment reviews initiated by the Canada Revenue Agency. These audits or reviews, generally, are sent out after completion of your previous year tax return.  In most cases they are "verification and spot checks" of information. This may include verification of rental payments, property taxes, and in many cases medical receipts. 

Advantax Ltd. will complete all types of these audits and reviews for our existing and new clients absolutely
free of charge. The only fee you would pay for would be any postage or registered mail fees, if required.

 

THINGS TO KNOW ABOUT AUDITS AND REVIEWS FROM the CANADA REVENUE AGENCY

  • Normally, CRA will go back up to 3 years to re-assess a prior-year tax return. If CRA feels that the error or omission was made out of neglect or intentionally, they have the right to go back as far as they wish.
  • E-filing your return does not increase your odds of receiving an audit.
  • Once an audit is requested, if you do not provide the necessary proof or information regarding their inquiry they will deny your claim and re-assess your return causing you to repay the difference of that deduction with interest.
  • If you do not agree with CRA's decision, you can appeal your notice of re-assessment. Advantax Ltd. can help you through the entire process from start to finish!