Taxpayers vs. CRA: The Audit Battle in Canada [INFOGRAPHIC]

CRA is mailing Notice of Assessments to taxpayers and small businesses and there are many that have attracted the attention of CRA to be selected for audit.

In fact, in the future, there will be more audits and more focus on compliance and collecting tax debt.

The Canadian Revenue Agency (CRA) has done a lot of work in the last 10 years to understand tax debt, and based on the findings of the 2013 Spring Report of the Auditor General in Canada, is about to spend millions to collect billions owed.

Our Infographic focuses on stats around Audits and Tax Debt in Canada and shows some alarming trends!

Click here to open the Infographic in a new window where you can zoom and re-size, if you need to.

 

FBC infografic

 

TaxPayers vs. CRA: The Audit Battle in Canada -- an Infographic by the team at FBC.ca

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"My initial concerns with FBC were whether they had the expertise to deal with farms and complicated tax returns. That was 47 years ago. I continue to enjoy the time savings of them coming to me. I'm impressed with their knowledge of CRA requirements and the sense of security I feel being with FBC."
- Douglas Comber, Bethany, ON