We solve serious CRA tax problems

Team Leader

Sam Faris is the President of Faris Chartered Professional Accountant Professional Corporation. He is a Licensed Public Accountant (LPA) in Ontario and is a member in good standing of the following associations:

  • Certified Professional Accountant in Ontario, CPA, CGA;
  • Certified Public Accountant in U.S.A., CPA (C.O.) (Expired), and
  • Fellow Association of Certified Chartered Accountants in United Kingdom, FACCA (U.K.).

GET YOUR TAX PROBLEMS SOLVED BY FARIS & TEAM

Sam began his career in 2003. He articled in a medium-sized downtown firm where he spent most of his career before founding his own practice.

“I love helping clients who are in trouble with the CRA. Our team, time after time has helped them to save lots of money.”Sam Faris, President, CPA, CGA, LPA, CPA (C.O.), FACCA (U.K.)

Revenue Canada Disputes

Sam has a broad CPA accounting practice. He specializes in Canada Revenue Agency disputes, Voluntary Disclosures, CRA tax audits, GST/HST Audits, Net Worth Assessments, Unfair Assessments/Reassessments, Late Filing, Director’s Liability Assessments, Section 85 Rollovers, Wage Garnishees, Frozen Bank Accounts and Requirements to Pay. His CPA firm in Toronto also provides general accounting services including Bookkeeping, Corporate and Personal Tax Return preparation, Tax and Estate Planning, Audit Financial Statements, Review Engagements, Notice to Readers, Financial Statements, and Business Advisory Services.

Track Record of Success

He has successfully disputed and won numerous cases with CRA. For example, for one of the Net Worth Assessment audit cases, he was able to reduce the unreported income per the auditor’s report to nil. Another success story was he helped a client to recover $847,923 in HST refund that was previously disallowed by CRA.

Faris CPA has a variety of clients ranging from small owner-managed companies to large corporations. The range of industries include real estate, importing and distribution, retail, wholesale, construction, condo corporations, and non-profit organizations.

Chartered Professional Accountant in Canada, U.S. and U.K.

pro-tip

Pro Tip

ACCESSING THE SMALL BUSINESS DEDUCTION IN YOUR BUSINESS

The Small Business Deduction gives businesses a tax deduction on the first $500,000 of income. This saves an eligible corporation around up to $50,000 in income taxes. There are a number of conditions that have to be met to be eligible for this deduction.

I was referred to Sam Faris by a family member who highly recommended him to deal with my CRA audit matter which has been ongoing for almost 2 years. Considering that this was a sensitive issue, I needed to make sure that Sam would be the right fit to handle my case. I requested an in-person meeting. I met with Sam for more than 2 hours. He went through CRA proposal letter and immediately identified the weaknesses in CRA’s calculations. He immediately advised on the best approach to dispute this proposal and provided a time line when he will submit the counter analysis. I was impressed with his confidence and his expertise and decided to retain his services. He worked on my file around the clock to ensure meeting the deadline. At the end, Sam was able to reduce the tax bill and I was able to pay it with no hesitation. While Sam was working on the file, he was in a full control with the situation by communicating with the auditor on timely and professional manners. I never felt that I was left in the dark as Sam was always providing me with an update. I do recommend to hire Sam for any dispute with the CRA. Thanks
Response from the owner:Thank you for your positive reviews and kind words.
Had a consultation with Sam about a tax situation and very glad I got professional advice on how to proceed.
Response from the owner:Many thanks for taking the time writing this amazing review.
Sam helped me during a tax audit with the CRA. His performance was beyond expectation and I am very satisfied with the end results. Sam has demonstrated a high business and ethics standards and more importantly, he met all his promises. Well deserved excellent rating.
Response from the owner:Thank you Mr. Zahir for your positive feedback.
Very glad I contacted Sam and his team for help with my tax situation. I had worked with other accountants in the past but none of them were as knowledgeable and easy to work with as the Faris CPA team. They were able to help me resolve my situation and better prepare for the future.

Update - it’s been a few years now and can confirm that working with Sam as my tax consultant was an excellent choice and highly recommend him!