TAX ADJUSTMENTS & CORRECTIONS

VOLUNTARY TAX RETURN REVIEW

It never hurts to get a second opinion on a tax return, whether is a personal or corporate one.

We can review your or your business past 3 years' tax returns to make sure you or your business took advantage of all the credits and tax benefits you or your business are entitled to.

 

REVENUE CANADA REVIEWS AND AUDITS

Each year, Revenue Canada conducts a number of review activities to promote awareness of and compliance with the taxation laws. A review is not an audit, but it can become one very quickly, if it is not handled properly and with the full attention it deserves.

It is important to respond promptly and responsibly if information is requested to support a claim made in a tax return.

Although a review is not as serious and complicated as an audit, like everything connected with law compliance, it requires a careful and knowledgeable approach, and the service of a professional is always advisable in such cases. 

For a minimal fee, we at ABM can make sure that your review is handled from the beginning to the end in a very professional, speedy and efficient manner. As soon as you are contacted by the Revenue Canada with the requirements of a review (usually is a letter in the mail), all you have to do is email or fax us the letter and we will take it from there. 

 

An audit is a more serious event, which requires an extensive preparation of the documents requested by Revenue Canada, pre and post-audit visit correspondence with Revenue Canada, and physical assistance with at least one audit visit from Revenue Canada.

Never take chances with a Revenue Canada audit !  Only a tax professional can make sure your rights are protected during an audit.

When we commit to assist with an audit, whether is Income Tax Audit, GST/HST Tax Audit, Payroll CRA Audit, or even a WSIB audit, we can arrange it so that you may not have to meet with an auditor. The audit visit (at least one) will take place in our offices. We will guide you through the audit procedures and explain what is expected from you and what you need to do.

 

A Revenue Canada audit could be a frightning experience for any taxpayer. Many taxpayers try to handle their tax audit themselves, with disastrous results. We can help make this process quick, efficient, professional, less costly and less scary. 

As soon as you were informed of an upcoming Revenue Canada audit, TAKE ACTION and hire a tax expert, whose experience can help survive the tax audit and cut your tax damage to the minimum.