Individual and Corporate Taxes

Has the CRA contacted you for a review or audit? This can be an anxious experience for most taxpayers. The CRA routinely reviews and audits individuals, businesses and corporations in order to ensure that your tax filings are in accordance with the Income Tax Act. Often taxpayers try to communicate with the CRA themselves but end up giving the CRA more to look into. Having a trusted and reliable CPA is a great way to kick-start your communications with the CRA. At Blue Springs CPA we will communicate with the CRA for you, ensure you understand what they are requesting from you and come up with a plan to provide them what they are looking for in the format they are looking for.

Here are some issues that are often uncovered in CRA reviews and audits:

• Unreliable books and records due to messy or incomplete bookkeeping
• Failing to disclose and report income
• Claiming deductions which you are not entitled for
• Aggressive tax planning

Blue Springs CPA can assist you in finding a solution if the tax man comes knocking