Tax Audit Ready? Take 5 New Questionnaires

CRA is enhancing the questions they will ask when it comes time for a tax audit. In July, the department released 5 forms that require detailed information.  These will be covered in more detail in the September 20 CE Summit; however, here is an overview of what’s in each form.  Tax and accounting services specialists will want to add these forms to their interview checklists with every client who fits the profile for these requests:

 RC683  Business Information

RC684 Refund Examination Program - Province or Territory of Residence - Multiple Years

RC685 Rental Information

RC686 Residency Status and World Income

RC687 Refund Examination Program - Province or Territory of Residence - Single Year