Canada Revenue Agency [CRA] Audit Reviews
As a consequence of an CRA audit, businesses and individuals risk overpayment for tax liabilities due to improper representation. Accountants-BC Ltd. provides the qualified expertise of skilled tax specialists for Burnaby individuals or businesses confronted with an CRA tax review.
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 Accountants-BC Ltd. ensures that penalties and interest payments are effectively negotiated through various liability response options available to Burnaby taxpayers. All direct communication with CRA authorities is handled exclusively by qualified Accountants-BC Ltd. tax specialists experienced with numerous settlement negotiation strategies for:
- Business or personal tax audits
- Tax interest payments
- Tax Liens
- Garnishments and seizures
No matter how feasible it may seem, handling your tax liability issues without professional representation is not recommended. The sheer volume of detailed financial records that must be carefully substantiated, combined with a typically high level of bureaucracy associated with an CRA audit review, can result in additional losses if handled without the assistance of a tax expert.
Accountants-BC Ltd. responses to CRA audit reviews
Accountants-BC Ltd. is experienced in planning and preparing for impending audits and reviews. Effective strategies in response to an CRA audit review which include:
- Preperation for audits to avoid intimidation and CRA harassment
- Collection due process appeal
- Reduction of tax liability decisions
- Equitable relief
- Relief from unjustified audits
If you have been contacted by the CRA or the state department of taxation, have received a tax lien or any other CRA notice; contact the offices of Accountants-BC Ltd. immediately for a free assessment.