CRA Audit Stories: Lessons from Real Cases
What happens in a CRA audit? Learn from real scenarios: unreported income, expense claims gone wrong, and how businesses survived (or didn't).
- CRA audits follow patterns - know the triggers
- Documentation is your best defense
- Unreported cash income is the biggest risk
- Personal expense claims through business are easily caught
- Cooperation generally leads to better outcomes
Understanding CRA Audits
Getting a letter from CRA is stressful. Understanding what happens - and learning from others' experiences - can help you prepare and prevent issues.
Case 1: The Cash Business Problem
A restaurant owner reported $300,000 in annual sales. CRA compared to similar restaurants and found:
- Similar-sized restaurants averaged $500,000+ in sales
- Food purchases suggested higher volume
- Employee hours didn't match reported revenue
- Requested bank statements (all accounts)
- Analyzed food cost ratios
- Calculated expected sales from purchases
- Conducted "net worth" analysis of owner
CRA assessed $150,000 in additional income over 3 years. With penalties and interest, total owing: $80,000+
Case 2: The Vehicle Expense Overreach
A sales consultant claimed 95% business use on their vehicle. CRA asked for a logbook.
- No logbook existed
- Calendar showed many days without client meetings
- GPS records from oil changes showed mostly local driving
- Social media showed weekend trips and personal activities
CRA allowed only 40% business use. Reassessed 3 years of returns. Additional tax: $12,000
Case 3: The Home Office Adjustment
A consultant claimed 50% of home expenses for home office. CRA audited.
- Home was 2,000 sq ft
- "Office" was 150 sq ft bedroom (7.5%)
- Also used as guest room
- 50% claim was unsupportable
CRA allowed 5% (reflecting shared use). Reassessed 2 years. Additional tax: $4,500
How to Protect Yourself
- Report all income (including cash)
- Keep receipts for all expenses
- Maintain a vehicle logbook
- Measure and document home office space
- Separate personal and business expenses
- Don't claim personal meals as business
- Keep records for 6 years
- If in doubt, ask before claiming
Worried About an Audit?
Tax Punjabi can review your returns for audit risk and help you prepare if CRA comes calling.
These scenarios are illustrative composites. No actual client information is disclosed. This article is for educational purposes only.