We solve serious CRA tax problems

Category: General Help

What Classifies as a Business Expense

What Classifies as a Business Expense

What classifies as a business expense in Canada? For many Canadian business owners and entrepreneurs, understanding what qualifies as a business expense can be a tad tricky. Yet, it’s essential knowledge for anyone aiming to maximize their tax deductions and...
Tax Tips For Entrepreneurs

Tax Tips For Entrepreneurs

The entrepreneurial journey is one of challenges, opportunities, and endless learning. Often lost in the myriad of tasks, research, and decisions, however, are vital tax issues, like how much entrepreneurs pay in taxes and how taxes affect entrepreneurs in Canada....
What Assets Can The CRA Seize?

What Assets Can The CRA Seize?

Business or individual, the CRA has the authority to seize and place liens on assets when taxpayers fail to fulfill their tax obligations. The CRA’s primary goal in asset liens and seizures is to recover the owed taxes and encourage compliance with tax laws. In most...
Understanding Net Worth and How it Can Be Audited

Understanding Net Worth and How it Can Be Audited

Whether you’re an individual or a business, conducting regular net worth audits is necessary much in the same way that your yearly trips to the doctor’s office are for a physical: they help you stay on top of your financial health and proactively address...
I was refered to Faris CPA by my lawyer and he recommended the firm as the best tax consulting firm to handle the audit with the CRA. Met with Sam and his team and hired the firm accordingly. Their approach was very unique and the counter analysis they provided to the auditor was unbeatable. Long story short, the audit ended to my satisfaction and I did not have to appeal it which is more saving and less unnecessary emotions and sleepless nights. I highly recommend Faris CPA as the firm has the best CPAs to handle any type of tax audits with the CRA.
Was looking for a tax consultant to help me with the tax audit with the CRA. Found Sam Faris and he was able to resolve the issue to my satisfaction. Sam is the best CPA that I highly recommend for any disputes with the CRA and all tax audits with the CRA.
Thank you Sam for all your help. You are the best tax consultant in town. Very high work standards too. Anyone who has tax audit with the CRA hire Sam he can save you. Top and best CPA. I cant thank you enough. Life saver.
A few months ago I consulted with Mr. Faris about my tax situation and the option to correct my returns under the Voluntary Disclosure Program. He was very helpful, very patient and honest and very informative. I decided to hire him accordingly. He and his team worked on my file 7/24 and submitted all returns under the Voluntary Disclosure Program. CRA accepted Faris CPA package with no problem. As a result, the penalty amounts came out to zero. Thank you to Faris CPA team especially Sam Faris for all the hard work and the commitment to my case. If you are looking for the best tax consultant and the best tax advisor and best CPA in Toronto, hire Faris CPA and you will absolutely be making the life saving decision.