Business Tax Risk Review
Know where your tax risk sits — before CRA asks.
A structured CPA review for business owners who want an independent, plain-language read on their CRA, HST/GST, payroll, and corporate tax exposure — so you can fix weaknesses on your own schedule, not under audit pressure.
Confidential, no-obligation consultation. CPA-led, Canada-wide and in Mississauga.
Overview
The calm time to look is now
The best time to understand your tax exposure is before CRA raises a question. A structured review looks at your filings, your records, and the areas CRA tends to examine in your industry, then gives you a clear picture of where you stand. Knowing the shape of your risk early means you can address weaknesses on your own timeline, with the documents and explanations in hand — rather than scrambling to reconstruct them under the pressure of an audit. The aim is clarity and preparedness, never alarm.
Common situations we help with
A risk review tends to make sense in moments like these. If any of them sound familiar, you are in the right place:
- You want to find and fix risk before CRA does, on your own schedule
- You run a cash-heavy business and want comfort that sales reconcile
- You are in construction and unsure about subcontractor or T5018 treatment
- You hold real estate and want a read on HST and reporting exposure
- You operate a restaurant and want POS, tips, and deposits to line up
- You run a trucking or transport business with multi-jurisdiction questions
- You are a growing private company heading toward financing or a sale
- You simply want an independent second look before something becomes a problem
What working with us gives you
A review turns vague worry into a clear, prioritized picture you can act on. In practical terms, that means:
- A plain-language read on where your real exposure sits, ranked by priority
- Documentation gaps surfaced now, while they are still easy to close
- Confidence that your filings and records can stand up to scrutiny
- A practical action plan you can work through at your own pace
- An independent CPA view you can share with a lender, partner, or buyer
Our approach
How a risk review works
A clear path from first conversation to a written summary you can act on.
Scope
We agree on what the review should cover — your entities, the years in question, and the areas of your business you are most concerned about.
You know exactly what's being reviewedExamine records
We work through your books, prior returns, filings, contracts, and supporting documents to see how the numbers actually hold together.
Your records get a careful readMap exposure
We identify where risk concentrates, where documentation is thin, and which areas CRA tends to focus on for a business like yours.
You see where the real risk sitsRecommendations
We deliver a written summary with findings, gaps, and a prioritized set of next steps, and walk you through what matters most.
You leave with a clear plan
Every CRA matter is easier to face with an organized, defensible response behind it.
Book a CRA Audit Strategy CallWhat to expect
What to expect
Knowing what a review covers — and what it is not — makes the process straightforward and low-pressure.
- A review examines your filings, records, and the areas CRA commonly looks at for businesses like yours.
- You receive a written risk summary: key findings, documentation gaps, and prioritized next steps.
- A risk review is an internal CPA assessment — it is not a CRA filing and creates no obligation to CRA.
- Nothing is reported to CRA as a result of the review; what we find stays between you and our team.
Be prepared
What CRA may request
So you know what to gather — and we help you locate, reconstruct, and present it.
Books & prior returns
- Bookkeeping records, general ledger, and trial balance
- Prior corporate (T2) and personal returns as relevant
Contracts & agreements
- Customer, supplier, and lease agreements
- Shareholder, related-party, and intercompany arrangements
Payroll & subcontractor records
- Payroll records and source-deduction filings
- Subcontractor invoices and contracts (T5018 where applicable)
HST/GST filings
- Filed HST/GST returns and working papers
- Input-tax-credit support and reconciliations
Scope
Working with tax lawyers when needed
A risk review is CPA advisory and documentation work. If the review surfaces a matter that involves legal questions — a contentious position, potential penalties, or a dispute that may call for legal advice — we do not provide legal services. Where appropriate, we coordinate with qualified tax lawyers and support the file from the accounting and documentation side, so the legal and CPA work reinforce each other.
Before you call
Common questions
What is a tax risk review?
It's a structured, independent look at your tax filings and records to find where exposure may be building — before CRA raises a question. You come away with a clear, prioritized picture of where to focus, on your own schedule.
Will a review create a paper trail with CRA?
No. A risk review is an internal CPA assessment. Nothing is filed or reported to CRA as a result of it, and it creates no obligation to CRA. The findings are for you, so you can decide what to do next.
Is the review confidential?
Yes. Reaching out is confidential, the review is conducted privately, and what we find stays between you and our team.
What do I get at the end?
A written risk summary: the key findings, the documentation gaps we identified, and a prioritized set of next steps you can work through at your own pace. We walk you through what matters most.
Who is a risk review for?
It suits owners who want an independent read on their exposure — often cash-heavy businesses, construction, real estate, restaurants, and trucking, as well as growing private companies preparing for financing or a sale.
What does a review cost?
It depends on the size of your business and the scope you want covered. We scope it after a short, confidential call, so you know what's involved before anything proceeds.
You're not in my city — can you still help?
Yes. We work with owner-managed businesses across Canada, with a presence in Mississauga and the GTA. A review is handled effectively by phone, email, and secure document sharing.
Why owners trust us
Calm, credentialed, confidential.
- Chartered Professional Accountant (CPA)
- CPA Ontario · CPA Canada
- Audit-defence & tax-controversy focus
- Owner-managed businesses, Canada-wide
Everything you share is treated as confidential — nothing is filed with CRA from an inquiry, and your details stay with our team.
We provide CPA advisory and documentation support, and coordinate with qualified tax lawyers when a matter calls for legal advice.
Area served: Serving clients across Canada · Mississauga, ON & the GTA
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Want to understand your tax risk before CRA does?
Start with a confidential consultation. We will scope a structured review of your tax risk and give you a clear, prioritized picture of where to focus.
Everything you share is confidential. No obligation. Replies within one business day.