What Small Business Owners Should Know About CRA Audits It’s no secret that small businesses are often targets for audits by the Canada Revenue Agency (CRA). They can reach back up to six years to review your books. It’s important to know that CRA audits can take a long time and can be costly. Without…
There are many benefits a small business owner can get professional tax accountant. But there are 5 main reasons why you should work with Ex-CRA Tax Accountant. There are situations when you need a tax accountant with more profound knowledge of how the Canada Revenue Agency operates and how to protect your rights. These are…
Small business owners in the residential construction and general contractor industries face unique challenges when it comes to accounting and taxes. Operating as a cash business in the construction industry carries a high risk of being audited by the Canada Revenue Agency (CRA), so it is crucial to have a strong understanding of tax…