Category: Tax Forms

The Self-Employed Contractor’s Guide to Income Reporting: T4, T4A, or Neither?

by Sam Faris | Aug 14, 2025 | Tax Forms

Being self-employed can feel liberating: you set your own pace, choose your clients, and shape your work schedule the way you want. But along with that freedom comes the responsibility of making sure your income is reported correctly. If you’re a contractor,...

Essential CRA Tax Forms for Individuals and Businesses

by Sam Faris | Aug 9, 2024 | Tax Forms

Navigating the complexities of tax obligations can be daunting, whether you’re filing as an individual or managing the finances of a business. In Canada, understanding and adhering to the Canada Revenue Agency’s (CRA) requirements is crucial to ensure...

How to File Non-Resident Tax Returns in Canada

by Sam Faris | Mar 24, 2023 | Tax Forms

As the world gets smaller and more interconnected, it becomes more common for people to work remotely for Canadian companies from outside of the country. They join the significant numbers in the Canadian diaspora who may be required to file a Canadian tax return and...

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.

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Faris CPA | Toronto Tax Accountant

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Mohammad Ramadan

Had a great experience with Sam Faris and his team. Sam took over my file from the previous accountant and was able to fix significant mistakes in the books which ended up saving me taxes and get me a refund for money that I already paid to the government. They have performed the work on timely basis with the least cost possible. Anyone who is in search for the best tax consultant in the country, Sam Faris is the man. Thank you Sam and his team for all the amazing work.

raffmarr

Faris is an outstanding accountant. A professional at the highest level that comprehends the intrinsic power and beauty of numbers. Serving the appropriate value to each person or company, longing for his personal imagination and process in action keeping financial accounts. He's highly recommended in knowing the magical reality of numbers.

Donald K

Faris CPA was awesome! I cannot express how grateful I was during my tax audit.

Super kind and approachable- they took the time to explain the entire process. They answered all my questions/concerns and made sure I understood everything.

They made sure nothing was overlooked and would keep in touch with me should they need any docs as well as asked me questions to ensure accuracy.

I really appreciated their dedication and expertise! For anything tax-related, I truly recommend Faris CPA.

Response from the owner:Thank you Donald for your five stars review. We will remain at your disposal if you need our services in the future.

Gursharan Mann

Great experience dealing with Sam Faris and his team. They were transparent, patient with their explanations and they meet all promises. Highly reliable and trustworthy firm. They promise and they meet all their promises. If you are looking for the best tax consultant firm, I highly recommend Faris CPA.

Response from the owner:Many thanks and much appreciated for the kind and positive review.

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