You lost a CRA audit and received a Notice of Reassessment.

Does that mean it’s over?

No.

In this episode, I break down what actually happens after you lose an audit — and why filing an objection can still change the outcome.

We cover:

• What a CRA objection really is

• The strict deadlines you cannot afford to miss

• What happens to the tax balance while your objection is under review

• When CRA can still collect (and when they usually won’t)

• Why interest keeps running even if collections are paused

• Realistic timelines — from 4 months to nearly 2 years

• The three most common reasons objections succeed

• The action plan to follow if you've been reassessed

If you’ve already been through an audit — or you’re in one right now — this video will help you make better decisions before time runs out.

🔗 Resources & Guides

For episode breakdowns, tax checklists, blogs, and additional resources, visit:

🌐 theadvisorstable.com

📞 Looking for Trusted Tax Advice?

Connect with Sankalp (Sunny) Jaggi, at Cedar Consulting Group

📧 Email: [email protected]

🌐 Website: cedargroup.ca

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👇 Comment below: Have you ever filed a CRA objection or gone through a serious audit?

LEGAL DISCLAIMER: This video is based on a real case, but names and some details have been changed to protect client confidentiality. This content is for educational purposes only and does not constitute legal or tax advice. Always consult with a qualified tax professional before making financial decisions.

#TheAdvisorsTable #CRAAudit #CRAObjection #CanadianTax #TaxAppeal #NoticeOfReassessment #TaxDispute #BusinessOwners

00:00 – You lost the audit… but you still have a real chance

01:40 – Critical objection deadlines & extension rules

03:30 – What really happens to your money and interest during an objection

05:20 – How long CRA objections actually take (backlog & timelines)

07:15 – Why objections often succeed (real outcomes & examples)

09:05 – When it’s NOT worth fighting (costs, fees & strategy)

10:30 – Final action plan and what to do next