CRA ISSUED WARRANTS: ACCOUNTANT'S 5 "R" ACTION PLAN

Getting issued a warrant from the CRA can be stressful. Watch Paul K. Grower BA (Hons), LLB and Joseph R. Devaney CPA, CA discuss the 5 "Rs" for accountants to follow if this happens.

These are the five “R”s that will get you through it:

  1. Relax – try to – lots of pressure and stress
  2. Respond – review warrant / call counsel
  3. Remember – who / what / where / why?
  4. Recognize – privilege and protect it
    • You cannot assert privilege over it “all”.
    • But, if in doubt – assert (CRA should seal the docs).
  5. Report – to client and counsel ASAP.

Want to learn more from Paul? Register for the Lunch and Learn course Tax Disputes.