We solve serious CRA tax problems

Get help with your tax problem now!

Your Trusted Audit Assistance Professional

CRA started the audits for the Canada Emergency Wage Subsidy Program (CEWS) last year. This means that selected businesses will have to submit the required documents to the CRA before the due date.

The taxpayers are given 10 days to complete all documents and comply with the set guidelines of the CRA. This includes corporate minute books, revenue for 2019 & 2020, payroll information, and other special requirements.

What We Do

Audit Assistance

If you’ve been informed that CRA will audit you, we can help you respond to the audit professionally and promptly. Having a tax audit professional beside you will help you save time, effort, and energy to comply with CRA’sthe requirements.

Prepare Books and Records

If CRA hasn’t called you, it doesn’t mean that you won’t be audited.

Being prepared with books, records, payroll information, and other requirements from the CRA before they inform you will give you peace of mind. Plus, being organized and prepared will make the audit process faster when it happens.

Solve Tax Problems

Besides keeping you ready for CRA audits, our team of competent CPAs can also help you with your tax problems, voluntary disclosure, and other accounting-related needs.

Reviews from Our Clients

Sincere Halvorson

“Before finding Faris CPA, I have worked with 2 other companies, and they don’t come close to the amount of help that the firm has given me. They were a big help in filling outstanding tax returns under the Voluntary Disclosure Program and their fee was reasonable. Sam always goes the extra mile to make sure that all my questions are answered. I highly recommend this firm.”

Avalyn Ellis

“I have been using Faris CPA’s tax accounting services since 2017, and I’ve never had problems managing my finances ever since. The quality of service they offer is top-notch, and they always keep me updated. If you’re looking for a CPA, just give them a call and avail of their assessment. I assure you, you won’t regret choosing Faris CPA.”

Haley Miranda

“Sam has been taking care of my business’s taxes since 2018. Working with Faris CPA was one of the best business decisions I’ve made, and this firm continues to deliver good work every year. Great, reliable Toronto firm.”

Tax Disputes and Tax Objections

Dealing with tax problems is a tricky task, and incorrect or incomplete information may be used against you. With Faris CPA by your side, you won’t have to worry about mistakes in your books, records, and bank statements. We have excellent CPAs that will help you maintain and organize all of your accounting-related information so that you will be prepared when filing disputes or objections with CRA’s decisions.

Have your business assessed by Faris CPA now!

Corporate Tax Audit

Being under an audit is stressful and daunting. It will be far worse if you don’t get assistance from a reliable tax audit specialist who will help you prepare all the paperwork needed for the audit. You must contact a CPA firm to handle all your accounting-related tasks to ensure that you do not pay more than required. They will also help you study your situation and give you advice and options on how to handle the audit.

For your accounting needs, contact Faris CPA now.

Pro Tip

If you receive the CEBA loan, make sure to keep track of all payments and loan forgiveness.

Reduction of Penalties and Interest

CRA is a powerful agency, and they can stop your business if they find that you are violating the law. We know that managing a business is hard. That is why we are offering to assist you with your problems regarding penalties and interests.

Faris CPA will help you:

● Explain why you received a tax debt certificate
● Give the best options in dealing with tax debt.
● Negotiate with CRA to give you a manageable payment plan
● Prevent CRA from pursuing other legal actions against you
● Provide advice to help you grow your business
● Create a long-term plan to help you sustain the business

Receive relevant and timely advice from top CPAs when you call Faris CPA now!

FAQS

After applying, all applicants are encouraged to check the status of their CEBA Loan online at https://status-statut.ceba-cuec.ca/, but if you continue to have questions you may call the CEBA Call Centre at 1-888-324-4201. If approved, funds will be deposited directly into the account you provided. The full process will take 15 business days.

After applying, all applicants are encouraged to check the status of their CEBA Loan online at https://status-statut.ceba-cuec.ca/, but if you continue to have questions you may call the CEBA Call Centre at 1-888-324-4201. If approved, funds will be deposited directly into the account you provided. The full process will take 15 business days.

After applying, all applicants are encouraged to check the status of their CEBA Loan online at https://status-statut.ceba-cuec.ca/, but if you continue to have questions you may call the CEBA Call Centre at 1-888-324-4201. If approved, funds will be deposited directly into the account you provided. The full process will take 15 business days.

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.

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.”

E.M., Ottawa
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.