It means that we know the process from the inside and the outside. We know how to handle and deal with the CRA Auditors and what their expectations are. But most importantly, we know your rights, the boundaries of the CRA and the rules that they must abide by. We use our experience as a CRA auditor and a client advocate for the benefit of our clients.
We know firsthand what CRA is looking for when they audit your records. We provide a unique service to our clients, being a former auditor, we can protect your interest and advise you on your rights. We draw on our experience when approaching client files requiring assistance in dealing with CRA. We know the ins and outs of the audit process, have in depth knowledge in tax and GST and know the Government standards.
If you are being assessed by an auditor, or if the Canadian Revenue Agency had selected your tax returns for review, you must get up to speed on your rights. With our help, you can capitalize on them, pay the taxes you owe and not the ones they ask for. We don’t just act as an intermediary, we actually analyze the facts and documents and determine where you stand. If it’s apparent to us that the CRA may have a valid assessment, we still work with you and the auditor to try and get the assessment lowered and to avoid or minimize any penalties. Having a qualified professional on your side can be very beneficial and helps to ease your stress so that you can still run your business.
You have received notification from CRA, then the process has already begun. Usually, you must answer your auditor’s letter within a 30 day period. If you’d like to make an appeal, you can do so within 90 days from the day you were assessed. Call us and we’ll defend your rights.
The CRA may only examine your financial accounts and records within the first 3 years after the initial assessment notice was delivered. Make sure to read everything they give you, as they may try to fool you into signing a waiver that allows them to audit you even after the time has passed. Do not sign waivers of objection rights without consulting us first.
Not in trouble with CRA? That’s ok, we can still help you in any tax or GST issue you are facing. In addition to our experience with CRA Audits, we also have industry experience in providing expert business, tax, and accounting advice. From strategic planning to creating budgets, at JR & Company, we have you covered when it comes to making sound business decisions.
After fixing the books and records of our clients who had problems with CRA, the same clients hire us to be the bookkeepers and/or the controllers of their day-to-day operation
In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
—Warren Buffett
"Comprehensive accounting solutions, including bookkeeping, tax planning, financial analysis, and strategic business advisory services.
"Schedule a consultation or chat with us to explore tailored solutions for your accounting needs."
#310, 9622-42 Ave NW, Building 2 Edmonton, AB, T6E 5Y4
We use the best tools and technology available to save you time, save you money and save you from having to deal with the CRA. As a trusted ally, we’re here to make bookkeeping and taxes feel effortless.