CRA Audits Are Rising in Canada — What Every Business Owner Needs to Know (2026)
Are CRA audits and reviews becoming more common in Canada? In this episode of Canada’s Entrepreneur, Managing Editor Mario Toneguzzi sits down with Jason Koenig of Audit Shield and Brock O’Reilly of O’Reilly CPA to break down what’s really happening behind the scenes.
From increased automation and AI-driven tax enforcement to the growing frequency of audit letters, Canadian business owners are facing a new reality: more scrutiny, more often — even if you’ve done nothing wrong.
In this episode, you’ll learn:
• Why CRA audits and reviews are increasing
• The biggest red flags that can trigger scrutiny
• How AI and data analytics are changing tax enforcement
• What types of businesses are being targeted
• The real cost of responding to a CRA audit
• What to do immediately if you receive a CRA notice
• Why even compliant businesses are getting reviewed
• Trends in GST/HST and payroll audits
• How Audit Shield helps protect against unexpected accounting fees
Whether you run a small business, side hustle, or growing company, this is essential insight to help you stay prepared and audit-ready.
Don’t wait until you get “the letter” — understand the risks and protect your business now.
#CRA #CanadaBusiness #EntrepreneurCanada #SmallBusinessCanada #TaxAudit #AuditShield #CanadianEntrepreneur #BusinessTips #TaxTips #CPA #GSTHST #Payroll #SideHustleCanada #AIinFinance #BusinessOwners
Stay Connected with #CanadasEntrepreneur!
Join our growing community of entrepreneurs across Canada! Don’t miss out on inspiring interviews, expert insights, and the latest business trends from the people shaping the future of our economy.
👉 Subscribe to our YouTube channel for full episodes: https://www.youtube.com/@CanadasEntrepreneur
🌐 Explore more on our website: https://canadasentrepreneur.com
💼 Connect with us on LinkedIn: https://www.linkedin.com/company/canadas-entrepreneur
📸 Follow behind-the-scenes on Instagram: https://www.instagram.com/canadasentrepreneur
👍 Stay in the loop on Facebook: https://www.facebook.com/canadasentrepreneur
🐦 Join the conversation on X: https://x.com/CanadasPreneur
💡 Want exclusive updates on the latest #entrepreneur podcasts and news?
Make sure to subscribe and never miss a beat! Your support helps us continue bringing you the best stories from Canada’s top business leaders.
