Navigating CRA Audits and Voluntary Disclosure
The Canada Revenue Agency (CRA) has increased resources and targeted programs aimed at detecting taxpayers who have been non-compliant with their filing and reporting obligations, including an increase in audits and initiatives to obtain audit leads. Stay ahead of the curve with this in-depth review of the CRA’s audit and voluntary disclosure processes.Join our expert panel as they discuss tips and traps, and offer best practices to help you ensure your clients’ needs are covered. Deepen your knowledge on the CRA’s recently implemented audit processes, which employ more sophisticated methods in their audits of individuals, corporations and trusts.
Hear about recent trends in verification programs, and gain practical advice for addressing what has become a complex and time-consuming audit process.Additionally, get up to date on the Voluntary Disclosure program, including prerequisites for acceptance by the CRA, the process of making a voluntary disclosure, manners of addressing unique circumstances, and some best practices in advising and assisting clients in making disclosures.