Expert Tax Consultant Services in Toronto

While we are based in Toronto, we represent clients across Canada and beyond, providing tax accounting services to anyone with Canadian tax obligations. We make ourselves available outside of regular Toronto business hours because we know how stressful a CRA tax issue is for our clients. We’re grateful to the city of Toronto and its residents for trusting us to safeguard their finances for over 20 years, and for helping us become one of Canada’s leading CRA tax dispute solution providers.

A CRA audit begins when the Agency questions the accuracy of your reported income, deductions, or lifestyle relative to your tax filings. They may request bank statements, business records, or proof of expenses. At Faris CPA, our senior-level tax accountants manage the entire process, reviewing the audit letter, preparing documentation, and communicating directly with the CRA to protect your rights and ensure accurate representation.

The VDP lets taxpayers correct past mistakes or file unreported income before CRA begins an audit or investigation. When accepted, it can eliminate penalties and reduce interest. The process involves preparing full disclosure, supporting documentation, and legal submissions. Our tax accountants evaluate your eligibility, manage the filing, and ensure it’s properly positioned to qualify under CRA’s current rules.

Unfiled returns can lead to escalating penalties and even legal action, but they’re often fixable. The key is timing and approach. Our tax accountants assess the number of missing years, determine whether you qualify for the VDP, and prepare complete filings to bring you back into compliance without triggering unnecessary scrutiny.

Yes, particularly for clients with complex or evolving financial circumstances. While our core focus is CRA tax compliance and dispute resolution, our tax accountants also help clients implement forward-looking strategies to reduce future exposure, including business restructuring, capital gains planning, and optimizing after-tax income.

Every professional tax accountant at Faris CPA is a licensed Chartered Professional Accountant (CPA) with specialized training in CRA dispute resolution. Files are never handled by unqualified or junior staff. In fact, every submission is reviewed by two senior CPAs, including Sam Faris, to ensure technical accuracy, defensibility, and compliance with CRA expectations.

We start by analyzing the audit or assessment in detail, identifying weaknesses in CRA’s position, and preparing evidence-based responses. If the assessment is unreasonable, our tax accountants file a formal Notice of Objection and, if needed, escalate to the appeals process. Our goal is to resolve disputes efficiently, protect your rights, and reduce unnecessary penalties or reassessments.

Our tax consulting services go beyond preparation and filing. We provide strategic advice on compliance risk, CRA communications, business structure, and long-term tax efficiency. Whether it’s clarifying a complex rule or planning for cross-border income, our tax accountants focus on precision, transparency, and practical solutions.

Look for credentials, specialization, and transparency. A qualified CPA with proven CRA dispute experience can make the difference between resolution and escalation. Avoid anyone who overpromises results or downplays potential exposure. The right tax consultant will explain your options clearly, discuss costs upfront, and focus on evidence, not salesmanship, letting you know exactly where you stand.

Yes. Our tax accountants work with professionals, business owners, investors, and emerging industries, including crypto traders, digital creators, and international asset holders. Each sector has unique reporting and compliance requirements, and we tailor our tax consulting services to fit your circumstances and risk profile.

We do. Faris CPA handles personal tax disputes, business audits, and corporate compliance issues across Canada. Whether you’re an individual facing a CRA reassessment or a corporation under audit, you’ll receive the same senior-level attention and strategic guidance.