S22: CRA’s 5 Most Dangerous Weeks (Now)
💡 The Canada Revenue Agency is currently in the most aggressive five weeks of its fiscal year. The Auditor General found that 40% of audit files are closed in February and March.
Show Notes
💡 The Canada Revenue Agency is currently in the most aggressive five weeks of its fiscal year.
The Auditor General found that 40% of audit files are closed in February and March. That means tighter deadlines, faster reassessments, and increased pressure to finalize files before March 31.
In this episode, we break down:
- Why 65% of objections are decided fully or partially in the taxpayer’s favor
- What “Tax Earned by Audit (TEBA)” means and why it matters
- Why year-end pressure changes auditor behavior
- What to do before CRA contacts you
- What to do if you’re already under audit
When you understand how the system works, you stop reacting emotionally — and start responding strategically.
**Links:**
🔗 **Download the Audit Survival Checklist:** https://theadvisorstable.com/what-teba-means-for-your-next-audit/
🔗 *Instagram:* https://www.instagram.com/advisorstablepodcast
🔗 *LinkedIn:* https://www.linkedin.com/company/the-advisors-table-podcast
📥 Resources from this episode
CRA Audit Protection Checklist
Three phases of audit defence — what to document before a CRA agent shows up, how to handle requests during an active audit, and how to respond after a reassessment. Includes the 90-day objection deadline and the TEBA metric CRA tracks internally.
📝 Related Articles
Will vs. Trust: Which One Actually Controls Your Assets In Canada?
Most Canadians think their will controls everything they own – but beneficiary designations, joint ownership, and probate rules often decide where assets actually go. Learn how wills, trusts, probate, and tax planning work together to protect family wealth and avoid costly estate mistakes.
The Tax Rule That Punishes Canadians for Helping Family — And What You Can Do About It
New CRA bare trust filing catches family bank accounts, joint titles, crypto held for relatives—$50K penalties even if you owe $0 tax. Bill C-15 passed House, Senate next. Sign petition + download checklist before 2026 tax year.
3 CRA Powers Coming in 2026 That Every Canadian Needs to Know
New CRA powers let auditors demand sworn testimony (no transcript), issue $50/day penalties without court, and freeze reassessment clocks indefinitely. Download MP letter template to fight back before legislation passes.
Need more than a podcast? Cedar Group handles tax planning, restructuring, and sale-readiness advisory for founders.
CEDARGROUP.CA →