Audit Assistance Services by TaxCan
At TaxCan Accounting and Taxes, we understand that dealing with a tax audit can be overwhelming and stressful for businesses and individuals alike. A tax audit by the Canada Revenue Agency (CRA) requires accuracy, compliance, and thorough financial documentation. Our expert audit assistance services help clients navigate this complex process with ease, ensuring that they meet all regulatory requirements while minimizing financial risks.
With vast experience, in-depth industry knowledge, and a client-first approach, TaxCan provides unmatched audit support, making us a trusted partner in handling CRA audits and reviews.
Why Choose TaxCan for Audit Assistance?
Unlike many service providers who only react when an audit notice is issued, we take a proactive approach. TaxCan ensures that clients are well-prepared, reducing the likelihood of errors or penalties. Our multi-dimensional expertise, industry-specific knowledge, and advanced financial tools help businesses and individuals handle audits efficiently and stress-free.
What Makes TaxCan Different?
Expert Knowledge & Compliance – We stay up to date with the latest CRA audit guidelines and tax regulations, ensuring that our clients remain compliant and prepared for any financial review.
Multi-Sector Experience – Our audit assistance covers corporate clients, small businesses, self-employed individuals, and professionals across various industries.
Comprehensive Documentation & Support – We help gather, organize, and present financial records effectively, ensuring smooth communication with the CRA.
Tax Optimization & Risk Reduction – Our services ensure that businesses and individuals maximize deductions while staying compliant, reducing the risk of penalties and additional tax liabilities.
Professional Representation – If needed, TaxCan acts as an authorized representative, handling direct communication with the CRA to ensure that our clients receive the best possible outcome.
Our Comprehensive Audit Assistance Services
1. CRA Audit Preparation & Documentation Review
A CRA audit requires detailed financial documentation and tax compliance. TaxCan assists clients in:
Gathering and reviewing financial records to ensure they are audit-ready.
Identifying potential risks and discrepancies in past tax filings.
Organizing receipts, invoices, payroll records, and other financial documents to support tax claims.
2. CRA Representation & Communication
Dealing with the CRA requires experience and precision. TaxCan provides:
Direct representation, acting as a liaison between clients and the CRA.
Clear and professional responses to CRA inquiries, reducing miscommunication.
Timely submission of additional documentation or explanations requested by auditors.
3. Tax Reassessment & Dispute Resolution
If a CRA audit results in a tax reassessment, clients may face increased tax liabilities. TaxCan helps:
Analyze reassessments to ensure they are fair and accurate.
File objections or appeals in cases of errors or unfair penalties.
Negotiate payment plans or settlements to reduce financial strain.
4. Pre-Audit Risk Assessment & Compliance Check
Proactive businesses minimize their audit risks by ensuring compliance before the CRA intervenes. TaxCan provides:
Pre-audit financial reviews to detect and correct potential issues.
Compliance checks to ensure businesses follow all tax regulations.
Guidance on proper record-keeping to avoid future audit complications.
5. Industry-Specific Audit Support
Different industries face unique audit challenges. TaxCan specializes in:
Corporate tax audits (T2 filings) – Ensuring business tax returns are compliant and optimized.
Self-employed & contractor audits – Supporting freelancers, Uber/Lyft drivers, and independent contractors in verifying tax deductions.
HST/GST audits – Ensuring proper sales tax collection and remittance.
Payroll audits – Reviewing employee tax withholdings, T4 filings, and remittances.
Consequences of Poor Audit Handling & Non-Compliance
Failing to respond appropriately to a CRA audit can result in:
Hefty penalties and interest charges due to tax underreporting or errors.
Loss of tax deductions and credits, leading to higher tax payments.
Legal consequences, including further investigations or business restrictions.
Reputational damage, affecting business relationships and financial stability.
TaxCan: Your Trusted Partner in Audit Assistance
With years of experience, financial expertise, and a commitment to integrity, TaxCan ensures that businesses and individuals receive the best audit support possible.
Unlike many competitors who offer generic audit help, we provide tailored strategies, proactive solutions, and professional representation to safeguard our clients from unnecessary stress and financial burdens.
With TaxCan, you get:
✔ Thorough Audit Preparation & Documentation
✔ Professional CRA Representation
✔ Tax Reassessment & Dispute Resolution
✔ Proactive Risk Assessment & Compliance Support
✔ Trusted Experts with Proven Results
Facing a CRA audit? Don’t navigate it alone.
Contact TaxCan today and let our expert team handle your audit with confidence and precision!
