CRA Audit - Are you or your business being audited by the Canada Revenue Agency
CRA Audit - Are you or your business being audited by the Ca…
May 25, 2021
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The Definitive Guide to Using CRA My Account | 2024 TurboTax® Canada Tips
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Global NewsErica Alini
In Canada, keeping records for at least 7 years is crucial for both compliance and financial management. Here’s why this rule is important: 1. CRA Audit Requirements The Canada Revenue Agency (CRA) can audit your tax returns for up to 7 years after you file. If you don’t have proper documentation during this time, you may: \t•\tFace penalties for unverified deductions or income. \t•\tLose the ability to defend your claims in case of disputes. \t•\tHave to pay back taxes, plus interest and penalt
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In Canada, keeping records for at least 7 years is crucial for both co…
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Transcript - Part one: why do we audit and what is a tax audit?
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The Audit Process
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CRA demands $75-million be returned after TFSA audits
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9 Types of Audit Procedures and Evidence
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Lesson 6: The Audit Process
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Nine ways to prevent triggering a CRA tax audit
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The Globe and MailAlison MacAlpine
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