You don’t need a tax lawyer. We get the same results for less than a lawyer’s fees.
Expert Tax Guidance
At Faris CPA, we’ve been helping Canadians resolve CRA issues and avoid unnecessary legal costs for over a decade.
As one of Toronto’s leading tax accountant firms, we specialize in tax solutions for independent professionals, investors, and small to mid-sized businesses. From audits to penalties, we tackle complex tax challenges with precision and insight—so you don’t pay more than you should.
Our team is built for high-stakes tax matters, including CRA audits, reassessments, disputes, voluntary disclosures, and penalty resolutions. We’re not just number crunchers—we’re problem solvers who know the CRA inside and out. Experience matters when you’re facing tax problems.
Faris CPA provides the top accountant services in Toronto because it’s not just about doing good work—we deliver excellent results and peace of mind. Let us handle your toughest tax issues with the expertise and care you deserve.
TORONTO TAX CONSULTING SERVICES
Tax Disputes & Tax Problems
We specialize in resolving all kinds of tax issues. Our clients often come to us after discovering major errors made by previous accountants. You need experts who know how to fight back. Let us fix your tax problems for you.
Net Worth Audits
When the CRA comes knocking with a net worth audit, we know how to minimize its impact. Whether personal or corporate, we dig deep to ensure you only pay what’s fair.
Voluntary Disclosure
The Voluntary Disclosure Program is a second chance to correct past tax mistakes. If you’re an individual, a business, or dealing with unreported offshore income, we’ll guide you through the process and protect your interests and investments.
Unfiled Tax Returns
Unfiled tax returns can lead to serious penalties. We conduct a comprehensive review to reduce or eliminate consequences, getting you back in good standing with the CRA.
Personal Tax Audits
Worried about a tax audit? We help clients avoid them—and if the CRA is already auditing you, we fight to get the best possible resolution.
Corporate Tax Audits
A corporate tax audit can feel like an uphill battle. We ensure you only pay what you owe—and nothing more. We help you assert your rights and protect your business.
GST/HST Audits
From the moment you receive an audit notice to the final resolution, we handle the entire process so you can stay focused on running your business.
Reduction of Penalties and Interest
We provide expert analysis and legal-backed arguments to reduce tax penalties and interest, helping you regain control of your finances.
Income Disclosure
We offer significant industry experience in income dealing with offshore assets and income that have not been disclosed.
Tax Problems Don’t Have to Keep You Up at Night
Personal or corporate, serious tax issues with the CRA can lead to stress and sleepless nights. At Faris CPA, we solve these problems, so you can sleep soundly again.
About Sam Faris CPA in Toronto
Sam Faris, President of Faris CPA, is a licensed public accountant with over 15 years of experience taking on the toughest tax issues—both personal and corporate.
Faris CPA specializes in:
- Canada Revenue Agency Disputes
- Voluntary Disclosures
- Audits
- GST/HST Audits
- Unfair Assessments
- Reassessments
- Late Filing
- Director’s Liability Assessments
- Section 85 Rollovers
- Wage Garnishees
- Frozen Bank Accounts
- Requirements to Pay
Sam has successfully fought and won many cases against the Canadian Revenue Agency. If you need the best tax accountant in Toronto, your search ends here. Sam and the Faris CPA team bring a proven, trusted approach to tax disputes, ensuring your financial interests come first.
Chartered Professional Accountant (CPA) in Canada, U.S. and U.K.
Your Toronto Tax Accountant and Tax Questions Answered
How do you help me throughout a CRA audit?
Faris CPA consists of 5 CPAs experienced in CRA audits. We don’t have junior accountants work on them. There will be two expert CPAs on your audit case: one doing the work and Sam supervising. We’ve helped clients with countless audits over the last decade ranging from moderate to extremely complex.
Our strategy is to bring alternative calculation methods to the auditor and show that our approach is more supported and reliable. We are known for our track record of disputing CRA decisions, methods for saving our clients from excessive tax bills, and preventing further escalations by the CRA. That’s why we get referrals from tax lawyers – our strategies are second-to-none.
Do I need a tax lawyer?
Unless you’re going to tax court, you don’t need a tax lawyer. Even if your case must be fought in tax court, Faris CPA has a network of the best Canadian tax lawyers we partner with. If you hire a tax lawyer first, they will have a specialized tax accountant perform most of the work. In other words, you will pay both the accountant and the lawyer, resulting in unnecessary legal fees.
Can you meet the deadline?
Tax deadlines are extremely important to meet – and I’ve never missed one. We’ve often had auditors dictate unreasonable deadlines that would’ve been impossible to meet. We’re able to involve the senior level of the auditing team and get extended deadlines. That said, however, the faster clients provide the information, the faster we can supply it to the auditor – which is a key factor for meeting deadlines.
Do you charge hourly?
No. Unlike other firms, we charge a reasonable fixed fee so clients know the cost upfront and that there will be no surprises. We provide this certainty because we understand that most people don’t want to enter an hourly-rate engagement with open account fees.
What's the rate of success?
While we can’t guarantee success without knowing more about what’s involved and diving into the details, we can confidently say our work is second to none. We exhaust every potential option there is to save our clients on taxes and get them out of CRA trouble.
Toronto Tax Law Case Study
When you’re facing a personal tax audit or unfiled returns, you need tax accountants in Toronto that you can trust. At Faris CPA, we go above and beyond for our clients, ensuring their needs are met with the highest level of sophistication and attention to detail.
Our client was audited by the CRA and accused of unreported income based on their net worth.
With his deep knowledge of tax law and process for fighting unique cases, Sam uncovered multiple errors in the auditor’s findings. He challenged the decision, exposed the mistakes, and had the assessment overturned. The result? A crushing tax debt reduced to zero—and one very relieved and ecstatic client.
If the CRA is on your case, let Faris CPA be on your side.
How To
If you have not filed your Canadian tax returns, or if you have filed them and CRA believes that you have not reported all of your income, they may issue a new worth assessment. They take two financial snapshots, one at the start of the audit period and one at the end.
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FAQS
What is a tax accountant?
A tax accountant is a specialist that works to address an individual or a business’ tax and accounting needs. The best tax accountants in Toronto can work with individuals and businesses to oversee a wide range of services, ensuring their clients are able to avoid penalties from the Canadian Revenue Agency.
What do tax accountants do?
Toronto tax accountants are licensed accounting professionals with the tools and resources to help their clients address a wide selection of accounting needs, including audits and technical accounting, regulatory and bookkeeping matters, tax planning, and fund operation guidance.
A tax accountant in Toronto will put together a comprehensive strategy to minimize income tax and other taxation forms, while ensuring any forms are submitted by their deadline and any fine print is analyzed and communicated to their client.
How much does a tax accountant cost?
The cost of hiring a tax accountant in Toronto can vary depending on the scope of services required. At Faris CPA, we work closely with individuals and businesses in Toronto and the GTA to assess their accounting needs and ensure we have the appropriate tools and resources to help them avoid financial penalties from the CRA.
If you’re looking for a Toronto tax accountant you can trust, contact Faris CPA today for your initial assessment. We’ll provide a comprehensive breakdown of our services and the benefits of working with licensed tax accountants in Toronto to ensure you have all the information you need to make an informed decision.
How to find a tax accountant
Finding the best tax accountant in Toronto can feel daunting if you’re unsure what qualifications to look for. In addition to having the proper licensing and accreditation, you want to ensure you’ve chosen a CPA in Toronto with the experience and insights to help you find the right solutions.
At Faris CPA, we work with individuals and businesses in Toronto and across Canada, the U.S. and the U.K. to address their accounting needs, ranging from personal or professional audits to providing input on regulatory developments in their industry.
We offer personalized assessments to address your concerns and ensure our Toronto tax accountants can provide the services you need.
Contact Faris CPA in Toronto today to learn more about our specialized services.
What sets Faris CPA from other tax accountants in Toronto?
The best Toronto tax accountants understand each client’s accounting disputes are unique and require a specialized approach.
Faris CPA has been a leader in tax accounting in North America and the U.K. for over 10 years. As an experienced CPA firm in Toronto, we work with individuals and businesses that require a variety of specialized tax and accounting services, ranging from GST/HST audits to income disclosures.
We offer comprehensive price breakdowns for each of our services, ensuring our clients understand what they’re paying for. Our Toronto tax accountants provide a sophisticated approach to your tax disputes, audits, penalty issues and more. We have the tools and resources to handle even the most complex issues and will work tirelessly to ensure your concerns are addressed.
When it comes to finding tax accountants in Toronto that you can trust, Faris CPA is ready to offer the accounting services and solutions you need.
What to bring to an accountant for tax preparation Canada
If you’re working with a Toronto tax accountant to address a dispute with the CRA, we recommend bringing a selection of materials in order to adequately prepare for the process, including:
- Employment & Other Income Slips
- Mortgage & Property Tax Statements
- Any Disability Claims
- Business or Rental Income Information
- Student Tuition Receipts
- Any Relevant Detail Regarding Major Life Changes, Including a Marriage or Divorce, Property Renovations, CPP Collections, Childcare etc.
At Faris CPA, we work directly with our clients to ensure they have the appropriate documentation needed to proceed. We assign a licensed Toronto tax accountant to their account to ensure we’re able to provide proactive solutions to their tax and accounting needs.
How to work with a tax accountant near me
When it comes to finding the best Toronto tax accountant, only Faris CPA offers the highest quality tax solutions in Canada.
We work with individuals and businesses to address their tax and accounting needs, including regulatory and bookkeeping services, business advisories, personal audits and more.
If you’re ready to work with the top CPA firm in Toronto, contact Faris CPA at 1-844-340-5771 or visit our website to schedule a consultation.
Testimonial
Sam Faris reduced the significant unreported income based on net worth audit to be nil. Sam's approach in fighting these types of complex audits is unique and sophisticated. He found countless mistakes made by the auditor which were rectified when Sam appealed the audit decision. Instead of owing significant amount of taxes, Sam reduced it to zero. I highly recommend to hire Sam for this type of audits and any CRA problem."
