Irrespective of however precise and accurate your tax returns may be filed, there is always a chance that CRA may decide to recheck your returns. Hiring tax audit help is always a good idea as it ensures more accurate filing of your returns and hiring experienced and professional people to do the job for you also guarantees hassle free relations with the CRA in case they do decide to audit your returns.

In many countries of the world usually the government files the taxes on the citizens, however in Canada the government allows individuals to file their own taxes based on self assessment of individual expenses and income. This system although allows individual to stay more in control of their tax filings however also indicates that CRA is required to review these filing from time to time.

To make this process transparent and honest they from time to time self audit returns submitted by individuals. The method through which individuals are chosen for CRA audit is based on fairness; that is people who are more likely to stretch the real facts when it comes to filing of taxes, however at times they even do pick random people to audit.

The main focus of CRA audit is to target self employed individuals and businesses, as salaried individuals have a rather clear cut tax return and mostly file their returns accurately. Also CRA may target specific industries and audit firms relating to it.

Choosing a well reputed and experienced tax expert company such as Tax SOS will ensure not only accurate filing of taxes but will also shield you from facing CRA in case of an audit an expert dealer of the firm gets on the job if the need arises and is present with you at all times during the audit phase.

The benefits that you can achieve through hiring tax audit help include

1? Relieving you off your stress while a professional expert takes matters into hands and take care offering the best possible solutions

2? Review all related documents and tax returns to check on any problem area

3? Using the highest appeal levels, defend your CRA filed returns on your behalf

4 ?Correspond on your behalf with the CRA

5? ?Attending and scheduling of all audit appointments with you and CRA.

Tax audit help also helps in avoiding any problem or stress in case of random CRA audit as honest and error free tax filing will automatically work in your favor even if you are chosen for tax audit.

The best thing about tax audit help is that you can file accurate returns, never get caught up in CRA audit and get all of this done at real affordable rates.? Not only are tax professionals proficient in dealing with the CRA as this is what they do all day, rather they also work up for you in all other kind of tax related problems thus resulting in saving you money in the long run. So whether you require tax audit help or some other tax related consultation, hire the best tax experts and get rid of your tax problem permanently.

Summary

Hiring tax audit help is the best way to avoid CRA audit as not only does it ensure honest and fair filing of returns but also makes defending your case in front of CRA easier in case they do decide to audit your returns. Tax audit help can easily take care of all matters leaving you stress free.

A CRA tax audit could become a daunting task that is not so easy to manage. When you receive a Notice of Assessment from the CRA, you can seek help from experienced tax professionals so that they can guide you in the resolution of all tax audits with CRA auditors.

The auditors who conduct the CRA tax audit may make the taxpayers feel defensive. It will empower you when you gain some knowledge about the process of the CRA tax audit and about your legal rights as per the Income Tax Act. You need the help of tax professionals who focus specifically on the resolution of tax audit problems with CRA when they represent you in your CRA tax audit process.

The task of the auditor is to assess the tax dues and not to think in terms of the best interest of the taxpayers. There may be some clashes during the process of the CRA tax audit. Taking the help of tax professionals?can minimize your interactions with the auditors and it will help bring your stress levels down so that you can focus on the business at hand during your times of financial hardship. Not being able to negotiate with the auditors during a CRA tax audit can become unproductive and it may also lengthen the duration of the audit, bringing in unnecessary tax assessments and penalties.

During the CRA tax audit, the auditors may require additional information concerning your records of income and expenditure and documentation. They may also seek some answers to questions in writing. Information becomes the basis of all tax assessments. It will help you tremendously if you understand what documentation and information you have to provide to the CRA and you may have to consider your answers very carefully to the questions so that you have a strong footing during the CRA tax audit. Tax professionals?will be able to help you in understanding why the CRA auditor is asking certain questions or seeking specific information.

Spending some time with the tax professionals will help you in the preparation for the CRA tax audit and will improve your chances of an efficient resolution of the assessment. You have to remember that the CRA has broader powers so that they can request you to provide all the supporting evidence or document to sustain your tax claim. The CRA can use documents, notes and all kinds of discussions against you if they feel that they have a strong case.

The tax professionals?will help you in the review of all relevant documentation and will prepare answers to certain expected questions from the CRA auditors. They will also help in the preparation of written submissions to a CRA auditor to support your filing position and explain your stand on the tax issues of dispute during the CRA tax audit.