We provide reassurance when it comes to CRA audits. Don’t worry about the fees.
Navigate the Complexities of CRA Audits with Confidence
At IDM, we pride ourselves on translating numbers into clear, actionable insights, allowing you to focus on what you do best – running your business.
Yet, even with the most diligent financial management and tax preparation, there’s an element that remains out of your control: the scrutiny of the Canada Revenue Agency (CRA) and other provincial bodies. These audits and reviews are being increasingly prioritized by government agencies, eager to ensure compliance across the board.
Understanding CRA Audits
An audit, inquiry, investigation, or review can be initiated for a variety of reasons – from personal tax assessments and business audits to payroll and trust audits, including scrutinies related to COVID-19 wage and rental subsidies. The objective? To confirm adherence to the myriad of tax and legislative requirements.
As government focus intensifies, with federal budgets allocating more resources towards enforcement, the question isn’t if an audit will happen, but when. And here lies the challenge: even with flawless records and timely filings, your business could still be chosen for review.
Audit Shield Fee Waiver Service
Enter “Audit Shield,” IDM’s innovative solution designed to alleviate the stress and financial strain of these unpredictable events. Our Audit Shield Fee Waiver Service stands as a bulwark against the professional fees incurred during audits, inquiries, investigations, or reviews. It’s a testament to our commitment to your peace of mind and financial security.
Opting for Audit Shield means choosing a cost-effective, fixed solution that protects against the unforeseen expenses associated with being represented in these matters. It’s an assurance that, even if no adjustments to your filings are necessary, you won’t be left bearing the weight of significant professional fees.
Coverage That Cares
What sets Audit Shield apart is its inclusivity. All IDM clients are invited to take advantage of this service, with coverage extending to individuals and family entities associated with your business, at no extra cost. Participation is voluntary, underscoring our philosophy that your business’s protection should be tailored to your needs, not dictated by them.
Your cover starts just one business day after we receive your acceptance, ensuring rapid protection so you can continue to focus on your business growth without the looming worry of audit-related costs.
Joining Audit Shield
Embarking on the Audit Shield journey is straightforward. Reach out to our dedicated team to discuss your participation and receive your acceptance form. It’s a small step for immense peace of mind, reinforcing the shield around your financial well-being.
In a world where the only constant is change, IDM’s Audit Shield service is your steadfast partner against the uncertainties of audit activities. It’s more than just a service; it’s a promise to navigate you safely through the complexities of compliance, allowing you to lead your business with confidence and clarity.
For inquiries and to secure your coverage, contact IDM today. Let’s make sure that when it comes to the language of business and CRA audits, you’re always equipped to read the score – and win.