Podcasts Technology Think Smart with TMFG How to Avoid Getting Audited by the CRA

How to Avoid Getting Audited by the CRA

Published: July 20, 2023, 3:30 p.m.

No one ever expects to get audited by the CRA. Today on ThinkSmart Senior Financial Advisors Rob McClelland and Mike Connon walk you through the best practices to avoid a CRA audit and how best to handle it if you do.\nKey points:(00:23): Why do people get audited?(01:35): What we do to ensure you don\u2019t get audited(03:03): Why you could be at risk too(03:56): False alarms(04:27): The difference between CRA and the IRS(08:20): How do most people fare after an audit?(09:27): Suggestions on how to avoid an audit(10:36): Why making\xa0changes can get you flagged(14:15): Don\u2019t make it easy for the CRA to single you out