Top 5 Reasons why you Should work with an Ex-CRA Tax Accountant
Why Businesses Hire Ex-CRA Tax Accountants
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Benefit |
Why It Matters |
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CRA audit experience |
Better audit preparation |
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Tax risk identification |
Fewer compliance issues |
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Proactive tax planning |
Reduced tax liabilities |
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Strong CRA communication |
Faster issue resolution |
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Audit defense strategies |
Reduced penalties and stress |
Canadian business owners often need more than basic bookkeeping or tax filing services. When facing CRA reviews, audits, tax disputes, or complex tax planning decisions, working with an accountant who understands how the CRA operates internally can provide a major advantage. Former CRA auditors bring firsthand knowledge of audit procedures, compliance risks, and tax enforcement strategies that many traditional accounting firms simply do not have. 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 the top five reasons to work with Ex-CRA Tax Accountant:
Why Ex-CRA Experience Matters
Dexado Accounting & Tax is led by Boris Davidkov, CPA, CGA, a former CRA auditor with experience in CRA Income Tax Audit and Criminal Investigations divisions. This experience helps clients proactively manage tax risks, respond to CRA inquiries, and improve long-term tax compliance.
1.You will get the best tax representation from Ex-CRA Expert
As your tax representative, your accountant has to deal with the CRA on your behalf and protect your interests. You might visit your accountant only once per year, but he needs to be there for you all the time. He should respond to all queries from the CRA, and he should provide you with the best representation and assistance during tax reviews and audits.
By working with a tax accountant who is an Ex-CRA Audit expert, you will have on your site someone who will not just understand the tax legislation but a consultant who understands how the CRA works and the CRA obligations.
There many cases that the intentions of the CRA actions are not clear. If you provided information to the CRA in the format, they don’t understand or don like, which could raise flags and trigger review or full tax audit.
A basic CRA Audit could turn into a nightmare, financial hardship, and prosecution for tax evasion. You can avoid that if you have a trusted representative who understands your finance, knows the tax risks, and can think like a taxman.
We are Ex-CRA Expert and we developed our expertise by working for 15 years in the CRA Income Tax Audit and CRA Criminal investigations Division.
As Ex-CRA audit and investigations experts, we understand how the CRA works and how to protect our clients by providing the best representation they can get.
2. You will learn how to save money and reduce your tax liabilities
You have probably heard the statement that 5% of the world’s population owns 95% of the wealth of the planet.
They stay rich as they know how to invest and pay what I call “minimum tax amount.”
There are several effective tax planning strategies to reduce taxes, and there are many professions that can implement them.
However, it is difficult to find an accountant who can educate you on the “minimum tax amount,” which is the minimum tax you should pay with the minimum risk of creating tax problems.
As experienced Ex-CRA and CPA, we are capable to determine the “minimum tax amount” for our clients. We help them look from a different perspective, understand their business’s risks, and receive the best value.
3. You will Have Tax accountant who can fix your tax problems
You should not be blamed if you were not able to predict our problems. It is OK to make mistakes, and it is normal to be afraid of their consequences.
But it is wrong to ignore the risks and not to prepare for the bad times.
We need to accept we will face hardship and be ready to face it. The tax problems are very challenging and complex to resolve if you are not prepared.
We face the misery in your life as we have our families, partners, and friends who will stand up beside us and help to win.
The best accountant should be your partner, who is there for you during difficult times to assist you, find a solution, and help you move forward.
The key to solving tax problems is understanding clients’ problems and offering the right solutions at the right time for the right price.
Example: Preventing a CRA Audit Escalation
A business owner approached Dexado after receiving a routine CRA review request related to shareholder expenses. Because the records were incomplete, the review had the potential to expand into a larger audit. By proactively organizing documentation, correcting reporting issues, and communicating directly with the CRA, Dexado helped resolve the review before it escalated into a full audit reassessment.
4. You will know what the CRA will find if they audit you
Imagine that you have a tax accountant who can change hats. What if your accountant can act like an eval tax auditor and perform a “mock tax audit.” The purpose of a friendly audit is to identify the compliance issues and the CRA adjustments during a tax audit.
This service’s benefit is enormous as you will learn what you need to fix and how to be fixed at the lowest cost. You will avoid the consequences of audit, including tax penalties, interest, and the risk of criminal investigations for tax evasions.
Who else but a Ex-CRA auditor and Tax Investigator can provide you with the benefit of being prepared.
Common CRA Audit Triggers for Small Businesses
- Large business expense claims
- Consistent losses year after year
- Unreported cash income
- Shareholder loan issues
- GST/HST reporting inconsistencies
- Excessive home office deductions
- Sudden changes in reported income
Former CRA auditors understand how these triggers are reviewed internally and can help businesses reduce unnecessary audit risks.
5. You will reduce your stress and improve the quality of your life
Finally, it would be best to have the right accountant as you are working hard and you deserve a better quality of life.
When you find a tax accountant capable of gaining your trust, this will immediately reduce your stress, as you will know that you have the “right guy to deal with the CRA”.
We leave in a difficult time. The world is changing, but we can’t change our values, and we can’t change our basic needs.
We deserve to be trusted, and we need to have people to trust.
Online communication is safe and easy to establish. Unfortunately, it is just an exchange of information, and it can’t be relied on building bonds.
I hope we can soon be able to meet face to face and to share not just our screens but also our energy and our feelings.
I believe face-to-face is still the most natural way to build trust, bonds, and successful partnerships.
Who Benefits Most From an Ex-CRA Accountant?
Businesses that often benefit the most include:
- Incorporated professionals
- Medical practices
- Construction companies
- Real estate investors
- High-income business owners
- Corporations facing CRA reviews
- Businesses with bookkeeping problems
- Companies with complex tax structures
Frequently Asked Questions About Ex-CRA Tax Accountants
Q. What is an Ex-CRA tax accountant?
An Ex-CRA tax accountant is a former Canada Revenue Agency employee or auditor who now helps businesses with tax planning, CRA audits, and compliance matters.
Q. Can an Ex-CRA auditor help during a tax audit?
Yes. Former CRA auditors understand audit procedures, documentation expectations, and common compliance issues that arise during CRA reviews.
Q. Why do businesses hire former CRA auditors?
Businesses often hire Ex-CRA accountants for proactive tax planning, audit representation, tax dispute resolution, and risk management.
Q. Can an Ex-CRA accountant reduce audit risk?
While no accountant can eliminate audit risk completely, experienced former CRA professionals can help identify reporting issues and improve compliance before problems arise.
Q. Is working with an Ex-CRA accountant beneficial for small businesses?
Yes. Small business owners often benefit from stronger tax planning, better recordkeeping guidance, and experienced CRA representation.