[Verse 1] Jake claims his Porsche is purely for work One hundred percent, no weekend lurk But CRA knows when stories bend No personal ride means they'll dig deep, friend Sarah's home office takes half her space Forty-five percent without a trace Of documentation for that claim Auditors circle like moths to flame [Chorus] Red flags flying, catch their eye Round numbers without receipts to try Lifestyle mansion, income small Missing T4As, they'll audit all Home office high, vehicle pure Business losses year after year These patterns make the agents curious Better keep your records serious [Verse 2] Three years running, Mike shows loss Aggressive deductions at any cost Personal trainer, yoga class Calling them business? They'll never pass Groceries labeled "client meals" Designer suits for "business deals" Vegas trip for "networking" These excuses make auditors sing [Chorus] Red flags flying, catch their eye Round numbers without receipts to try Lifestyle mansion, income small Missing T4As, they'll audit all Home office high, vehicle pure Business losses year after year These patterns make the agents curious Better keep your records serious [Bridge] When your yacht costs more than what you earn CRA computers start to churn Subcontractors need their slips One missing form and your audit grips Exactly fifty, hundred, two Perfect amounts just won't get through [Chorus] Red flags flying, catch their eye Round numbers without receipts to try Lifestyle mansion, income small Missing T4As, they'll audit all Home office high, vehicle pure Business losses year after year These patterns make the agents curious Better keep your records serious [Outro] Document truth, not creative fiction Avoid the audit jurisdiction
← 3 Dividend vs. Salary Considerations | 2 What Protects You →