Objection
Did you get audited by the CRA and feel that the auditor had their mind made-up from the beginning? Do you disagree with their reassessment?
An audit by the Canada Revenue Agency (CRA) is an examination of your books and records, which largely focuses on whether or not your tax returns fully reflect all of the income, revenue, and expenses that should have been reported during the year.
These are some of the most common issues that the CRA will audit:
· Real Estate “flipping”
· HST/GST Builder issues
· Net-worth Assessments (Unreported Income)
· Canada Emergency Wage/Rent Subsidy (“CEWS” & “CERS”)
A tax audit by the CRA is an unwelcome and time-consuming disruption. However, aside from the inconvenience, there are other important factors involved during an audit.
The CRA is looking for unreported income and other areas of non-compliance. If your responses to the auditor are not handled properly, the process can quickly escalate and result in significant financial and personal consequences for you and perhaps even your family.
The help and guidance from experienced tax professionals will ensure the best possible outcome in resolving your tax problem quickly and efficiently. We will represent your best interests when dealing with the CRA, ensuring that your rights are fully protected and that the audit process is conducted properly.
You will have the opportunity to engage Farber Tax Solutions and a reputable law firms which we have had long and successful working relationships, or both in whichever combination best meets your need. Every lawyer on their team has made Tax Law their focus and has extensive experience representing clients before the CRA and in all levels of court, including the Tax Court of Canada, and the Federal Court of Appeal.
At Farber Tax Solutions we understand that being audited can feel invasive and unfair, but it’s important not to react impulsively as the consequences can be very serious. Our focus will be to ensure you are properly represented and fully supported throughout the entire process, so that your audit goes smoothly, and your rights as a taxpayer are respected.
Their work exceeded my expectations. Could not be happier!
… It seemed to make sense to hire an office with a huge amount of CRA experience. Although far away from where I live, with a three hour time difference, I decided to hire these experts I had found online, to help me with the objection to the high CRA penalties I was facing …READ MORE Helma Swinkels
It can be through a random selection process, an audit project or through a third party lead.
An Audit is a stressful and time-consuming process that quickly can become overwhelming and requires professional representation.