Almost every owner who calls us about a CRA letter asks the same thing first. Why me? The honest answer is that it is rarely personal, and it is usually not luck either. The Canada Revenue Agency scores your return before a human being ever opens it. Something in your file scored high enough to […]
What records must a Canadian small business keep, and for how long? A former CRA auditor breaks down the six year rule, formats, and what to save.
You open your mail and there it is. A letter from the Canada Revenue Agency letting you know your business has been selected for an audit. Your stomach drops, and your mind starts racing through every receipt you did not save and every HST return you filed in a rush. Take a breath. We have […]
