Facing a CRA audit can feel daunting, but with the right preparation, it doesn’t have to be. Not all audits mean trouble—many are routine compliance checks. This guide from NCS Global outlines what triggers CRA audits, the difference between reviews and full audits, and practical steps to navigate the process.
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Navigating a Canada Revenue Agency (CRA) audit can be a daunting experience for any business. Understanding what to expect, how to prepare, and the steps to take if audited can significantly ease the process and help ensure a favourable outcome. This comprehensive guide aims to equip Canadian businesses with essential knowledge and practical advice for handling CRA audits effectively.
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