CRA Audit
Episodes on CRA Audit
SoloCRA Charges $307/hr To Be Right
How relying on CRA phone advice can still leave you with a tax bill – and why only certain written rulings provide protection when the stakes are high.
- CRA Audit
- Taxpayer Rights
- Tax Compliance
SoloCRA Is Calling Your Employees Behind Your Back
How electronic tips can create unexpected CPP and EI liabilities for employers – and why CRA may be gathering information from employees before contacting the business.
- CRA Audit
- CRA Powers
- Business Owners
Solo3 CRA Powers Coming In 2026 Will Ruin You
How the government's proposed CRA powers could expand audits through taxpayer interviews, daily penalties, and broader enforcement against Canadians.
- CRA Powers
- CRA Audit
- Taxpayer Rights
SoloHe Lost $5M To The CRA Because He Trusted His Accountant
How the wrong advisors can create hidden tax risks, derail due diligence, and even kill a business sale – costing owners millions before the deal ever closes.
- Business Sale
- Business Valuation
- CRA Audit
EpisodeCRA’s Net Worth Audit - How They Prove You’re Hiding Money
Why CRA net worth audits feel forensic, who gets targeted, and how one wrong response can turn a review into a devastating reassessment fight.
- CRA Audit
- CRA Powers
- Taxpayer Rights
SoloCRA’s 5 Most Dangerous Weeks (Now)
How CRA's year-end audit push creates tighter deadlines, faster reassessments, and greater pressure on taxpayers – and why understanding the process can improve your outcome.
- CRA Audit
- CRA Powers
- Notice of Objection
SoloLost 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.
- Notice of Objection
- CRA Audit
- Taxpayer Rights
EpisodeThe Audit Machine – What 53,000 CRA Employees Are Actually Doing
How CRA's growing audit machine uses data, automation, and aggressive enforcement tactics to identify risks, escalate reviews, and collect billions beyond regular tax filings.
- CRA Audit
- CRA Powers
- Tax Compliance
SoloCRA Turned $250K Profit Into $1.2M In Taxes
How a $250,000 Toronto house flip turned into a $1.167M CRA reassessment – and why HST rules, missing records, and audit deadlines can financially devastate real estate investors.
- Real Estate
- Capital Gains
- CRA Audit
SoloCRA Ends 14-Year Break — Truckers Losing Millions
How CRA's renewed PSB enforcement is putting incorporated truck drivers and owner-operators at risk of higher taxes, denied deductions, and costly reassessment.
- CRA Audit
- Trucking
- Corporate Tax
EpisodeCRA Voluntary Disclosure Program 2025 Explained | What's Changed & What It Means
How Canada’s updated Voluntary Disclosure Program changes the way unreported income, foreign assets, and tax filings are treated — and who still qualifies for relief under the new CRA rules.
- Voluntary Disclosure
- Tax Compliance
- Penalties & Interest
Posts on CRA Audit
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
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.
One Mistake Killed His $5M Deal — Why the Wrong Team Destroys Business Sales
Selling your business? One wrong hire and hidden tax traps can kill the deal. Why regular accountants fail at business-exit tax planning — and how to build the deal team that protects your sale.
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.
$800K Tax Bill That Should’ve Been $0 — The 5 Mistakes That Cost This Business Owner Everything
Discover the 5 critical errors that turned a $0 tax bill into an $800K disaster for a business owner. Learn how to protect your company from CRA reassessments, audits, and massive penalties.
