Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
mardeg1
New Member

How many different audits can cra conduct against a business in one year

 
1 Reply

How many different audits can cra conduct against a business in one year

Typically, audits occur on an annual basis. Most audits are done on an annual basis to align with the fiscal year-end. Depending on the reason for the audit, audits can be done more often, such as quarterly, or can sometimes be only a one-time occurrence.

 

Many choose to purchase Audit Defence for this purpose. That way they won't need to deal with the CRA but the Audit Defence will work it out for you. It must be purchased before you file your income tax return.  Maybe something to think about for next year. 

 

Thank you for choosing TurboTax.