CRA Audit Assistance
We Will Assist You With Your CRA Audit
If you’re being audited by the CRA and require financial assistance, here’s how we can work with you.
How MyBookly can assist you with your CRA audit
If the CRA is auditing your organization due to overdue taxes, discrepancies in taxes, misclassifying employees, claiming false tax deductions or credits, financial inconsistency, or suspicious activities as examples, here’s how can support you.
Here’s what we can help you solve:
Preparing all tax, corporate and financial documents
Developing a strategy around your CRA situation
Meeting tax compliance and Canadian regulations
Our step-by-step process
Below you will find our step-by-step process if you decide to work with us.
Step 1 – Free Consultation: We will first begin understanding your current crypto record-keeping and tax situation.
Step 2 – Software Setup: We’ll integrate your crypto platform with an accounting software to track all your transactions.
Step 3 – Tax Strategy: We’ll help you minimize your crypto taxes and capital gains by developing a tax planning strategy.
Step 4 – On-Going: If you’re looking for a reliable accounting firm, we can be your dedicated crypto accounting partner.
“I’ll work with you and the CRA to ensure everything is in order for your audit.”
– Danny Khanna, Managing Partner
Why choose MyBookly as your CRA audit assistant partners?
At MyBookly, we will develop a strategy to help you through your CRA audit.
We want to ensure your audit runs as smoothly as possible without any hick-ups, and without any penalties or additional time spent.
At team of accounting professionals will make sure you meet tax compliance and regulations, audit requirements, organization of documents, simply complexities, and communicate with the CRA on your behalf as much as we can.
If you would like to work with us, reach out today!
Danny Khanna, MBA
Managing Director
“I’ll be your main point of contact for your CRA audit.”
Dilan Ropero, MSc.
Senior Accountant
“I’ll help with preparing your tax and financial documentation.”
— FAQs —
Questions you may have about our CRA audit assistance
What documents do we need to provide to the CRA?
- Individuals: Tax returns, income records, expenses, bank statements and other forms specific to your audit such as real estate financials, RRSP documentations.
- Corporation: Tax returns, financial statements, income/expense documents, payroll, bookkeeping records, bank/credit statements, GST/HST, cost of goods, and more.
How long does the audit process typically take?
Based on our experience, we’ve seen the CRA audit take 3-7 months depending on the complexity of your finances, as well as how fast we’re able to execute on the work needed.
Can you represent us when working with the CRA?
We’ll be able to work with you directly and on your behalf when dealing with the CRA.
Do you have experience with CRA audits?
We’ve worked with a number of companies on there CRA audits, however if you’re looking for enterprise level audit support we may suggest that you reach out to another firm.
“Dealing with the CRA alone can be daunting and anxious, which is why companies choose us as their audit partner.”
– Dilan Ropero, Senior Accountant