Financial Planning

Advisors and the CRA: Managing mistakes, audits and penalties

From audits to record-keeping, Adrienne Woodyard, partner, DLA Piper (Canada) LLP, explains risk factors that may put you on the CRA's radar, and gives tips on steering your business and clients clear of tax troubles. Photo copyright: karenr/123RF.

In this Special Feature

  • CRA audits: Risks, pitfalls and tips

    In part one of a four-part series, “Advisors and the CRA: Managing mistakes, audits and penalties," Adrienne Woodyard, partner, DLA Piper (Canada) LLP, explains what puts businesses and individuals at risk of CRA audits, and explains dos and don’ts if you have to manage the audit process.

  • Don’t let tax documentation go wrong

    From documents to deadlines, from fires to floods, Adrienne Woodyard, partner, DLA Piper (Canada) LLP, discusses how to keep tax documentation up to CRA standards, in part two of a four-part series, “Advisors and the CRA: Managing mistakes, audits and penalties.”

  • Staying clear of tax mistakes and penalties

    Adrienne Woodyard, partner, DLA Piper (Canada) LLP, discusses how to avoid the most common tax filing errors and penalties, in part three of a four-part series, “Advisors and the CRA: Managing mistakes, audits and penalties.”

  • Tax penalties and how to apply for relief

    From TFSA over-contributions to repeated late-filing, Adrienne Woodyard, partner, DLA Piper (Canada) LLP, outlines common tax penalties and explains how to apply for penalty relief. Part four of a four-part series, “Advisors and the CRA: Managing mistakes, audits and penalties.”