How to Avoid being Tax Audited

There are few more dreaded words in the tax world than "tax audit." Although many people may see audits as random and unavoidable, there are certain things you can do to minimize your risk. If you're worried about the Canada Revenue Agency or the IRS looking through your books, this video is one you can't afford to miss.

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Time line:
0:36 – What are the chances that I’ll be audited?
0:46 – Audit triggers
1:25 – Reducing audit risk

Disclaimer:

The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.