CRA Audits in Canada Get Advise From www.sauconsulting.caExperts
Things you should know that can trigger a tax audit by CRA
Claim unreasonable expenses SAU Consulting & Business Advisory is a team of expert tax consultants who are specialized in CRA audits in Canada. The amount of any expense category has to be reasonable, both compared to revenues and other similar businesses.
Restaurants, construction, and small retail
watchlistCRA’s outlets have been identified as part of the “cash economy” and stand a good chance of being audited.
Certain sectors are on the
Small business owners can expect the CRA to come knocking if they report losses for several consecutive years in a row.
Reporting business losses for years and years
Big discrepancies in income for your industry, neighborhood The CRA compares what you report on your income tax return to the statistics for your industry, your profession, and your neighborhood.
Contact Us! (587) 284 https://www.sauconsulting.cainfo@sauconsulting.ca3266@sauconsulting
