We solve serious CRA tax problems

CRA Tax Audit Committee

bg-photo-sam-faris

The CRA’s Audit Committee is part of the CRA’s Board of Management. It plays an important role in the supervision of the CRA’s work, and helps the Board of Management ensure that the CRA maintains high service standards. This is an independent body of persons that do not answer to the CRA and are not employed by the CRA.

The Audit Committee is responsible for reviewing the CRA’s accounting frameworks, as well as its financial and performance information, internal controls, risk tolerance, and the CRA’s compliance with all financial legislation. In short, the Audit Committee functions as the CFO of the CRA’s Board of Management.

ACCA-Logo
AICPA-Logo
Chartered-professional-accountant-logo
Chartered Professional Accountant in Canada, U.S. and U.K.

Testimonial

“After getting denied my GST/HST refunds, I needed a CPA who could get me my refund back. Sam Faris and his team came to my rescue. They got involved immediately, and made extensive submissions as to why CRA it was wrong. They agreed and released my funds with interest – approximately one million dollars.”

Ghaith Bazzi
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.