Lost A CRA Audit? You Can Still Win (62%)
How a CRA audit loss doesn't have to be final – and why objections, deadlines, interest, and appeal strategy can dramatically change the outcome after a reassessment.
📥 Free resources from this episode
CRA Objection Survival Checklist
The Advisors TableCRA Objection Survival Checklist
Six-step playbook for filing a Notice of Objection that actually wins — from the 90-day deadline math to the specialist questions to ask and the 4–24 month wait you should expect. Built for business owners or individuals who just received a Notice of Reassessment.
Show Notes
You lost a CRA audit and received a Notice of Reassessment.
Does that mean it's over? No.
In this solo, Sunny breaks down what actually happens after you lose an audit – and why filing an objection can still change the outcome.
In This Solo, We Cover:
• What a CRA objection really is
• The strict deadlines you can't afford to miss
• What happens to the tax balance while your objection is under review
• When CRA can still collect (and when they usually won't)
• Why interest keeps running even if collections are paused
• Realistic timelines – from 4 months to nearly 2 years
• The three most common reasons objections succeed
• The Action Plan to follow
If you've already been through an audit – or you're in one right now – this video will help you make better decisions before time runs out.
📝 Related Articles
CRA’s 5 Most Dangerous Weeks: What TEBA Means for Your Next Audit
What is TEBA, and why does it make February–March the most dangerous weeks for a CRA audit? How the CRA's March 31 year-end drives aggressive reassessments — and a 3-phase plan to protect yourself.
3 CRA Powers Coming in 2026 That Every Canadian Needs to Know
The CRA's new 2026 audit powers — compelled sworn testimony with no transcript, $50/day penalties without a court, and reassessment clocks frozen indefinitely. Here are the three every Canadian needs to understand.
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.
🎬 More Episodes
SoloHow To Get Paid By US Clients (Canadian Corp)
How Canadian corporations billing US clients can face 30% withholding, HST issues, and PSB reclassification – and the key factors CRA uses to assess the relationship.
- US Tax
- Cross-Border
- Corporate Tax
SoloFamily Trusts Explained: Why The Wealthy Never Gift Their Kids Anything
Why wealthy Canadian families never put assets in their kids' names, how a family trust actually works, and the timing decision worth $1.3 million.
- Family Trust
- Trust Planning
- Income Splitting
SoloDo You Actually Need A Holding Company?
How a holding company can reduce taxes, protect assets, and improve long-term planning for some Canadians – while creating unnecessary cost and complexity for others.
- Holdco Structure
- Corporate Tax
- Professional Corporations
SoloCRA Takes 54% Of Your RRSP When You Die (Unless You Do This)
How a $1 million RRSP can create a $500,000+ tax bill at death – and the little-known planning strategy that may help families keep far more of their wealth.
- RRSP
- Retirement Planning
- Beneficiary Designations
SoloYour Family Can Save 12K A Year Through This Tax Strategy
How Canada's 3% prescribed-rate trust strategy can legally shift investment income to children – but new AMT rules may now reduce or even reverse the tax savings.
- Family Trust
- Tax Planning
SoloEstate Planning Explained: Will vs. Trust In Canada
How wills, beneficiary designations, joint ownership, and trusts actually control your assets in Canada – and why many families discover critical estate planning gaps only after a crisis occurs.
- Estate Planning
- Wills & Estates
- Trust Planning
Senior Tax Manager · Tax Manager
Two ways in: the groundwork under our advisory files, or a senior seat with a defined path to Manager.