Webinar: How to Avoid PSB Risks?

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, IT360 Financial, hosted a webinar specifically designed to help independent professionals and small business owners navigate the complexities of the CRA’s PSB Pilot Program. If you missed the live session, don’t worry—the entire webinar was recorded and is now available for you to watch at your convenience.

*This webinar was presented in French only.

We had the pleasure of participating as a guest in an information session organized in collaboration with Éric Chevrette, President and Founder of IT360 Financial. We shared essential insights and practical strategies to help independent professionals and small business owners better understand and respond to CRA audit letters concerning Personal Services Businesses (PSBs).

What we covered:
  • Overview of the CRA’s PSB Pilot Program: We explained the key elements of the CRA’s pilot program, detailing the implications for independent professionals and incorporated businesses.
  • Analysis of CRA Letters: An in-depth analysis of the letters sent by the CRA was provided to help you understand their content, possible implications, and the actions to take.
  • Strategies to Mitigate PSB Risks: Practical advice and effective strategies were shared to minimize risks associated with PSBs and ensure your business complies with CRA requirements.

Why you should watch the recording:

Understanding the CRA’s approach to PSBs is crucial for any independent contractor or small business owner seeking to avoid costly penalties and keep their operations compliant. This webinar offers expert advice that can make all the difference in effectively managing a potential CRA audit.

Don’t miss out on this valuable resource—watch the recording today to gain the knowledge you need to protect your business.

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