CRA Audits Are Rising in Canada — What Every Entrepreneur Needs to Know (Audit Shield Explained)
What would happen if the CRA audited your business tomorrow?
In this episode of Canada’s Entrepreneur, Managing Editor Mario Toneguzzi sits down with Jason Koenig of Audit Shield and Morgan Lock, Founder of Cedar CPA, to break down what Canadian entrepreneurs need to know about CRA audits, reviews, and rising scrutiny in today’s AI-driven tax environment.
You’ll learn:
- Why CRA audits and reviews are becoming more common
- The biggest misconceptions business owners have about audits
- What triggers CRA attention (and what doesn’t)
- How much an audit can actually cost—even if you did nothing wrong
- Why having the right accountant matters more than ever
- How Audit Shield helps cover unexpected accounting fees
If you’re a business owner in Canada, this is essential viewing to stay prepared, protected, and informed.
Learn more about Audit Shield: auditshieldconnect.ca
Speak to your CPA about whether Audit Shield is right for your business
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