Mock Audits

Tax audits happen increasingly often. Before a tax auditor arrives at your door, why not have a friendly party go through the audit process to prepare you? We can pinpoint your exposure areas and prepare you for the types of questions you will likely be asked in the audit. In addition, by diagnosing problem areas…

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Voluntary Disclosures

The voluntary disclosure process is a means by which deficiencies in income tax filings can be corrected without hefty penalties or fear of prosecution. We have assisted in hundreds of voluntary disclosure cases and understand the CRA practices and procedures. We can: determine the most appropriate filing position for reporting previously undisclosed income; investigate possible…

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Assisting in Tax Audits/Disputing Tax Assessments

In the Canadian environment of high tax rates, complex tax rules, frequent change, and an aggressive approach by the CRA, the fact that Canadian taxpayers have disputes with the tax authorities is understandable and inevitable. We assist in resolving these disputes and represent clients with a well-researched defence of a position. Where the dispute is…

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Net Worth Assessments

The CRA sometimes uses an auditing technique called a net worth assessment. It is typically used to detect unreported income. This involves determining the increase in a person’s net worth over a period of time and then examining the person’s sources of income, expenses and financial resources to determine whether the income as reported can…

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