I’ve been having a debate with myself lately (I have a lot of debates with myself) about whether or not to provide a blow-by-blow account of Reinvented’s audit by CCRA (aka Revenue Canada; think IRS if you’re in the USA) in this space.
In mid-July, at our regular yearly meeting with our accountant, we learned that CCRA planned to audit the company. We didn’t actually hear from CCRA ourselves until earlier this month, and the details about their areas of interest didn’t get spelled out in detail until last week. So I’ve had a lot of time to think about this issue.
On one hand, I realize, from immediate personal experience, how stressful this experience can be.
It’s not that we have cash stashed in Cayman Islands-based shell companies are are worried about being found out.
It’s simply a matter of being faced with the scrutiny of an antagonistic (by nature, not personality) force with infinite resources: in the back of my mind there are worst case scenarios where they come and take Oliver away, charge us $50,000 to get him back, and make us ride bicycles down endless paths while rabbits and donkeys try and knock us off.
In other words, irrational fears.
In this climate of paranoia, the notion that I might antagonize my overseerer, directly or indirectly, through what I write here, is a little daunting. And there’s always that I might accidentally blurt out some fact that, in the wrong hands, might cause them to say “oh, you design websites, well then we need to double your taxes for the last 10 years.”
In other words, irrational fears.
Counterbalancing this is the notion that by writing about the experience here in a a workaday way I might take the edge off the same experience for others who might experience it. To be honest, I’m not sure whether being audited is stressful, to this point, because of anything that’s actually happened or simply because whenever I mention that it’s happening people universally emit this weird kind of gasp, the same kind of gasp they might admit if I told them my foot had fallen off.
So maybe being audited is stressful only because everyone says it is.
I’m still debating this with myself. Stay tuned to see what I decide.