If you’ve ever called the Canada Revenue Agency (CRA) for help, you know how challenging it can be to get a clear and consistent answer. According to the Auditor General of Canada, CRA call centre agents provided incorrect information in as many as 83% of test calls (source: National Post).
This finding highlights how important it is to work with an accountant you can trust. Someone who gives reliable information, is knowledgeable about the most recent CRA updates, and who can speak directly with the CRA for you, saving you time and potential mistakes.
Dealing with CRA: Accuracy Matters
Tax laws and CRA regulations can change frequently and are often quite complicated. Even unintentional mistakes can result in miscommunications that may lead to a fine, a delay, or a costly reassessment. The value of working with a trained professional is that you know your filings will be accurate and compliant. Specifically, your accountant will:
- Adhere to and apply CRA interpretations and applicable laws relevant to your filings.
- Analyze and corroborate your filings for alignment and truth.
- Identify deductions and credits you may be missing
- Ensure that your information is presented clearly and correctly to the CRA
The value of accurate and reliable filings is the avoidance of costly mistakes and the peace of mind that follows.
Help from an Accountant: Less Stress and More Time
It’s understandable to feel overwhelmed when dealing directly with the CRA, especially with lengthy hold times, inconsistent responses, and weeks of waiting for follow-ups.
An accountant can be authorized to take your place in that communication. We know what the CRA wants, the best ways to respond to them, and how to make sure your responses are complete and timely so you can focus on other priorities.
Building Trust That Lasts
A reliable accountant does more than file returns. We take the time to understand your goals, anticipate challenges, and provide proactive advice to support your success year-round.
Accounting and Advisory Support for Business Owners
At KWB, we help business owners manage your tax and financial responsibilities with clarity and confidence. We provide accurate, proactive advice and can communicate directly with the CRA on your behalf to save you time and reduce stress. Book an introductory meeting to learn more.