With more auditors, more audit automation, tax debt analysis, and underground economy detection, CRA Audit and Compliance is set to accelerate collection of $2.5B over the next 5 years.
Are you prepared?
What types of audits are there?
Income Tax Audit
This is the most basic audit and come in as requests for documentation, reviews or a full audit. The CRA re-assess the amount of money you took in and spent on a personal and corporate basis.
The CRA assess to see if you have been collecting and remitting GST/HST as well as filing your returns accurately and on a timely basis.
Employer Compliance Audit
The CRA makes sure you you have been properly filing, withholding and remitting statutory deductions from your payroll, along with all reporting.
You don't have to go it alone. FBC will negotiate with CRA on your behalf to ensure you don't lose work spending time on an audit.
Our team of over 300 tax consultants in 13 offices across Canada helped FBC members achieve $5.5M in audit protection last year. There isn't anything we haven't seen.
Our proprietary membership technology manages business data and risk, enables bookkeeping and record keeping, integrates accounting and optimizes tax preparation for individual, corporate, trust and partnerships (T1, T2, T3, T4/T4A, T5, T5013, and T5018’s).
We come to your office or home
Your dedicated tax consultant comes to you for onsite data collection, analysis and business consultation. Saves you valuable time and money!
FBC is Canada's
Small Business Tax Specialist
We were founded in 1952, and ever since then, more than 60 years later we have supplied business owners with the kind of reliable service that ensures their taxes are done right the first time, every time.
© 2015 FBC, Canada’s Farm & Small Business Tax Specialist™ Mailing Address www.fbc.ca
"FBC helped us get a $26,000 tax relief due to previously made errors by accountants and CRA auditors. They took the time to understand our business and rectify taxation problems with CRA. My wife and I couldn't be more pleased."
Patrick Meyers, Veternarian
Learn more about FBC by contacting us over the phone. Call the area closest to you: