What May Triggers a CRA Audit? Eight Common Red Flags and How to Avoid Them!
Being audited by the Canada Revenue Agency (CRA) can feel random, stressful, and intrusive, but audits are rarely accidental. The CRA does not pick tax returns out of a hat. Instead, it uses advanced risk-assessment systems, data matching programs, and industry benchmarks to identify returns that appear incomplete, inconsistent, or unusually aggressive. In other words,…
