Here are some general tips to help prevent your business from being audited by the CRA:
- Have a licensed accountant advise you.
- File your tax return on time.
- Be consistent with your expenses.
- Understand what expenses can be claimed.
- Make sure your books and records are balanced.
- Pay yourself properly from your corporation.
- Review your return before submitting it.
- Have you already been audited? Request an appointment with Debbie to see how she can help you.