Webinar: How to Avoid PSB Risks?

November 03, 2024

Did You Miss Our Webinar on the CRA’s PSB Pilot Program?

Watch the recording now!

Have you received a letter from the Canada Revenue Agency (CRA) regarding a Personal Services Business (PSB) audit and are unsure of the next steps to take? You’re not alone, and we’re here to support you!

Our partner, CPA4IT, recently hosted a webinar specifically designed to help independent professionals and small business owners navigate the complexities of the CRA’s PSB Pilot Program. Éric, our president, was a panelist in this session. If you missed the live event, don’t worry—the entire webinar was recorded and is now available for you to watch at your convenience.

This information session was presented by Andrew Wall, CEO of CPA4IT, in collaboration with Éric Chevrette, President and Founder of IT360 Financial, and Amanda Klassen, Practice Leader for Independent Contractors at ProLink. These experts shared valuable insights and practical strategies to help you understand and respond to CRA PSB audit letters.

What We Covered:

  • Overview of the CRA’s PSB Pilot Program: Our speakers broke down the key elements of the CRA’s PSB Pilot Program, explaining what it means for independent professionals and incorporated businesses.
  • Analysis of CRA Letters: We provided a detailed analysis of the letters sent by the CRA, helping you understand their content, implications, and the actions to take.
  • Strategies to Mitigate PSB Risks: Practical advice and strategies were shared to help you reduce your exposure to PSB risks, ensuring that your business remains compliant with CRA regulations.

Why You Should Watch the Recording:

Understanding the CRA’s approach to PSBs is crucial for any independent contractor or small business owner who wants to avoid costly penalties and ensure their business operations are compliant. This webinar offers expert advice that could make all the difference in how you handle a potential CRA audit.

Don’t miss out on this valuable resource—watch the recording today and equip yourself with the knowledge needed to protect your business.

The present content is provided for informational purposes only. It is not intended to provide legal, accounting, tax, financial, investment, or other advice and should not be relied upon for such advice. We recommend consulting a professional to obtain personalized and relevant advice for your situation. Reasonable measures are taken to provide up-to-date, accurate, and reliable information, and we believe it to be so at the time of publication.

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