Navigating the CRA's 2024 Audit Focus: Foreign Transactions, Business Expenses, and Real Estate

Update: 2024-08-20

Description

The Canada Revenue Agency is targeting foreign transactions, business expenses, the gig economy, and real estate in their 2024 audit focus. High net worth individuals with cross-border dealings are at higher risk. Business owners need to be careful when reporting professional fees. Tax accountants like Mew + Company can assist in navigating these audit areas and maximizing tax savings.

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Navigating the CRA's 2024 Audit Focus: Foreign Transactions, Business Expenses, and Real Estate

#box-pro-ellipsis-173176774441797{-webkit-line-clamp:2;}Navigating the CRA's 2024 Audit Focus: Foreign Transactions, Business Expenses, and Real Estate

Navigating the CRA's 2024 Audit Focus: Foreign Transactions, Business Expenses, and Real Estate

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Navigating the CRA's 2024 Audit Focus: Foreign Transactions, Business Expenses, and Real Estate