Online Seminar

GST HST - CRA Audit

JAN 24 - Jan 25, 2023

Online

DATE

JAN 24 - JAN 25

2023

TIME

8:30 AM - 12:30 PM

WHO CAN ATTEND

All

PD HOURS

7.5 Hours

ETHICS HOURS

0 Hours

STATUS

Registration closed on

Jan 19, 2023

EVENT DESCRIPTION

New Year seminar sale! Receive 30% off our top seminars


SCHEDULE

  • Jan 24, 2023 @ 8:30am - 12:30pm
  • Jan 25, 2023 @ 8:30am - 12:30pm
  • To get the full experience of this live, interactive course we recommend you join five minutes prior to the scheduled starting time, and use a computer that has video and microphone capabilities.

    NOTE: This course description has been revised and reflects updates for 2020. If you have any questions, please contact pdevents@cpaontario.ca

    Formerly Titled: GST/HST - Preparing for an Audit

    Being proactive is key to a successful GST/HST audit.

    This live webinar provides a comprehensive review of a typical Canada Revenue Agency (CRA) audit from start to finish and discusses some of the common audit exposures creating assessments for taxpayers.

    Designed for practitioners who work with sales taxes on a daily basis, this seminar will show you how to manage an audit, proactively prepare for future audits, and how to mitigate after-audit issues, including the assessment of penalties and the objection process. Participants will look at ways to minimize GST/HST exposures by using everyday examples from businesses of all sizes.

    PREREQUISITE KNOWLEDGE

    The prerequisite to this course is GST/HST - Fundamentals. Participants should have a good working knowledge of GST and HST rules.

    KEY TAKEAWAYS

    • Explain the importance of an audit and they types of audits
    • Describe the audit process
    • Describe a taxpayer’s responsibilities
    • Identify most common audit exposures
    • Overview of the audit - audit basics, types of audits, audit selection, audit lottery, audit period, standardized accounting, voluntary disclosures, and director’s liability
    • Before the audit - proactivity and record retention
    • During the audit - onsite audit communications, tips, and techniques as well as waivers
    • Finalizing the audit - proposed assessment, wash transactions, information access, notice of assessment, interest, and penalties
    • After the audit - notice of objection and notice of appeal
    • Common audit exposures - updated laws, record keeping, meals and entertainment restriction, taxable benefit remittance requirement, expense reimbursements, non-collection of tax, supplies between related parties, real property purchases, misreporting of temporary recapture of input tax credits, and current tax rate

    WHO WILL BENEFIT

    CPAs, students, practitioners and other advisors who want a greater understanding of the common GST/HST audit exposures and the CRA audit process.

    PRICING

    $325.00 Personal Passport

    $380.00 Organization Passport

    $479.00 Member

    $479.00 Student

    $589.00 Public

    Status: Registration closed on Jan 19, 2023

    LOCATION

    Online

    SPEAKER(S) BIO

    Dave Marcaccio, CPA, CGA is a Senior Manager in Grant Thornton’s Sales and Indirect Tax Practice. Dave is located in our Hamilton office, and works with the Sales Tax team to serve clients across Southwestern Ontario. Dave brings 26 years of experience in providing Indirect Tax services, first as an auditor with the Canada Revenue Agency for nine years, followed by seventeen years in public practice before joining Grant Thornton. Dave has worked with a wide-range of clients, including private companies, charities, public sector organizations, and First Nations, advising them on their Sales Tax obligations and opportunities. His services include technical advisory, compliance, tax recovery, audit defence, and dispute resolution. Working primarily with the federal GST/HST, Dave’s experience also includes the Quebec Sales Tax (QST), various provincial sales taxes, and Land Transfer Tax. Dave brings a friendly and knowledgeable approach in helping his clients in their dealings with the tax authorities, and is looking forward to continuing his career at Grant Thornton.

    SPECIAL INSTRUCTIONS

    This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.

    Electronic material can be accessed one week prior to the course at https://pdlms.cpaontario.ca/ and should be downloaded in advance.

    Registration, cancellation, withdrawal and all other CPA Ontario PD Seminar policies can be found here.