Numetrica Highlights Key CRA Compliance Risks Facing Small Businesses

Posted Monday, June 22, 2026 5:15 pm

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Ottawa, Ontario - Canadian businesses continue to face increasing regulatory obligations as tax reporting requirements become more complex.

Numetrica is encouraging business owners to strengthen their bookkeeping and tax compliance processes to reduce the risk of penalties, reassessments, and audit challenges.

According to the firm’s accounting professionals, common compliance issues include:

Poor record keeping
Inaccurate GST/HST reporting
Payroll remittance errors
Missing supporting documentation
Shareholder loan mismanagement
Incomplete expense records

“Strong bookkeeping is the foundation of tax compliance,” said Moe Tabesh, Founder and CEO of Numetrica. “Businesses that maintain accurate records are better positioned to respond to CRA inquiries and minimize risk.”

Numetrica recommends implementing monthly bookkeeping reviews, maintaining digital records, and working closely with accounting professionals to ensure ongoing compliance.

About Numetrica

Numetrica provides cloud accounting, bookkeeping, tax planning, and advisory services to businesses throughout Canada.

For more information, visit www.numetricacity.ca

Head Office: Ottawa, ON

Email: info@numetricacity.ca

Phone: +1 613-266-7013

Media Contact

Company Name:Numetrica

Contact Person: Moe Tabesh

Email:Send Email

Phone: +1 613-903-5988

City: Ottawa