Dale Barrett, expert tax lawyer and owner of Barrett Tax Law, briefly explores strategies on avoiding as well as facing a tax audit.
Does the CRA target small business owners and the self-employed?
The CRA focuses on the groups who are more likely to omit or misrepresent information on their tax returns, one of whom is, according to the CRA, the self-employed.
Is there anything I can do to avoid a tax audit?
There are strategies you can employ to reduce the number of red flags that may come up with your file, thereby reducing the likelihood of an audit:
I am being audited. What can I do to lessen the potential blow?
Dale Barrett is a licensed, practicing tax lawyer and principal at Barrett Tax Law – helping taxpayers across Canada resolve their tax problems with the Canada Revenue Agency.