Assisting with CRA Audits

Help with Canada Revenue Agency (CRA) Audit in Surrey, BC

CRA audit and review can be frustrating and provoking for both businesses and individuals. Knowing the CRA wants to take a second, closer look at your tax return, whether it is the entire return or just a portion of it, such as expenses claimed for meals, entertainment or travel, can be a very nerve-racking experience.

At Richard Kosick & Co., we never advise any company to represent themselves in a CRA audit, no matter how simple it may seem. Even if you honestly believe you filled your entire tax return out correctly, meeting with the CRA can be a very intimidating experience.

This is especially true if you have to experience a face-to-face audit. Traditionally, however, the majority of CRA audits are done via correspondence. In other words, most Canada Revenue Agency audits are in the form of letters asking for explanations of various tax items on a tax return or requesting supporting documentation. More often than not, a CRA audit of a tax return will result in changes to the return. Whether these changes are good or bad for the company depends on the situation.

We advise that you hire a professional to represent you. When you hire Richard Kosick & Co., you can be comforted by knowing that our Tax Team has years of experience dealing with the CRA audits. You can face an audit with confidence when you know you have our Tax Team on your side.

The facts about an CRA audit

When conducting an audit, the CRA typically operates with the knowledge that the average taxpayer is unaware of their rights and vulnerable to intimidation and pressure. Representation for audits by Richard Kosick & Co. ensures that penalties and interest payments are effectively negotiated through various liability response options available to Surrey taxpayers. All direct communication with CRA authorities is handled exclusively by our qualified tax specialists experienced with numerous settlement negotiation strategies for:

  • Business or personal tax audits
  • Tax interest payments
  • Tax Liens
  • Garnishments and seizures

Call Richard Kosick & Co. tax accountants in Surrey at 604.584.6822 to set up your free initial consult.