We solve serious CRA tax problems

CPA in Hamilton, ON | Faris CPA

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Most business owners find managing their finances and accounting books to be tricky. These two closely related tasks are surprisingly time-consuming and complex. It is all too easy to make a mistake that will have serious consequences for your business.

For example, not doing your bookkeeping properly, can easily lead to your not seeing an upcoming cashflow issue early enough for you to do something about it. In some cases, profitable businesses have ended up folding because they have not kept accurate accounts and been able to see trouble coming. If they had been able to generate cash flow reports they could have borrowed money to see them through those tight periods. Or perhaps have had a sale to turn stock over fast enough to fill the gap.

Poor accounting practices can also lead to mistakes being made on tax returns, which may mean an audit. Or, worse being fined, even prosecuted.

CPA in Hamilton, ON

No firm can afford to get their accounting wrong. At Faris CPA we are very aware of this, which is why we provide each client with exceptional service.

When you hire us, you are hiring a proven expert who will take care of your bookkeeping needs. Using our in-depth knowledge of the Canadian taxation system you can avoid trouble and stay on the right side of the tax authorities.

As you can see below, our qualifications and certifications are impeccable. We are members of the following professional accountancy bodies:

  • Chartered Professional Accountant (CPA) in Canada
  • Amalgamation of Certified General Accountant (CGA)
  • Chartered Accountant (CA)
  • Certified Management Accountant (CMA)

Why Hire a CPA in Hamilton, ON

There are several good reasons to hire a CPA. We can take much of the burden of handling your financial and tax affairs off of your shoulders. Here is a list of just some of the tasks we can do for you:

  • Get your taxes in order
  • Handle the declaration and payment of any taxes you have not yet paid, which will help you to avoid being audited and fined by the CRA
  • File your corporate tax returns on time
  • File your personal taxes
  • Provide you with a full tax planning service
  • Assist you in setting up and running your payroll software correctly
  • Ensure that proper bookkeeping processes are in place
  • Regularly audit your bookkeeping processes to make sure standards do not slip
  • Help you to put together the necessary paperwork to secure start-up funding
  • Extract important data from your accounts to enable you to make sound business decisions
  • Continue to assist you with seeking loans and funding as your business grows
  • Facilitate proper accounting of sales
  • Facilitate proper accounting of business acquisitions
  • Prepare all of your financial statements for year-end closing
  • Prepare you for CRA, GST and HST audits
  • Explain how to adapt your bookkeeping and accounting processes when thresholds or requirements change

We will do all of the above in a timely fashion, making sure that deadlines are not missed. Our experience and the high-end accountancy tools we use allow us to work extremely efficiently and accurately.

The fact that we are able to work fast, helps us to keep the cost of our services down. Often, over time, you will find employing us to be less expensive than running a large in-house team.

With the right processes in place, you only need to employ data entry staff. So, you do not have to go through the hassle and expense of recruiting, training, equipping, and running a large accountancy team.

Skills of a CPA

Over the years, we have built up an extensive understanding of all aspects of corporate accounting, bookkeeping and taxation. Being based in the province of Ontario means that we are also familiar with the ins and outs of the taxation system here.

You can rely on us to assist you with all aspects of your financial planning. This includes producing profit and loss reports to help you to identify the most profitable areas of your business. Data you can use to decide where to invest your time and money next.

Our data analysis service will also help you to stick to a budget and get your overheads down. To improve the cash flow, so you can take advantage of new business opportunities when you see them. Or to simply have enough cash available in your business to buy when you see raw materials offered at a rock bottom price.

The relationship we have with our clients is more like a partnership than anything else. We see your success as our success. One of our main aims is to provide you with the information and support you need to become more profitable. We know that as you grow, so do we.

Make sure your finances and books are properly maintained by hiring a CPA in Hamilton

Talk to a Hamilton CPA from Faris

Faris CPA work with companies of all sizes in Hamilton and the surrounding area. We enjoy working with start-ups and seeing them grow into national, then international corporations. Our team has the necessary experience to stay with you at every stage of your business´s development. As you can see from our about us page, we have extensive experience with firms across all industries.

Whether you want us to prepare analytics, handle your financial planning, stay on top of all your tax filing requirements or all three, you can hire us. We will tailor the package of services that we provide to fit in with what your business needs both now and in the future.

Focus on your business, while Faris CPA takes care of your books.

Contact Faris to Hire a CPA in Hamilton, ON

Start by scheduling an assessment through our website’s online contact form. Or, if you prefer, call our phone number.

However, you decide to contact us, you can be sure of a fast and professional response. We understand how busy you are, so we will give you the information you need quickly and in a format that you can immediately put to use.

PRO TIP :

“Compliance is the key to avoiding trouble with the CRA. Do a third-party audit by a tax professional to make sure your accounts are up-to-date.”

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

FAQ’s on Getting a CPA in Hamilton, ON

I run a small business; do I need to hire a CPA?

If you run a small business, it is wise to hire a CPA. You are not legally required to do so. But the services they provide will put you on a firm footing financially and make sure you are tax compliant from the outset. The best CPA firms offer packages that are designed to meet the needs of start-ups without being prohibitively expensive.

I already use accounting software; do I still need to hire a CPA?

If you already use accounting software, you may not need to hire a full-time CPA. However, it is still wise to ask one to come in to audit your processes and books. That will highlight any issues. You may also want to find out how much a CPA would charge you to take care of your books permanently. Sometimes it is more cost-effective to hire a CPA than it is to continue to do them yourself.

How can a CPA help if I’m being audited by the CRA?

If you are being audited by the CRA a CPA can help you to prepare your books and paperwork. Over the years, they will have handled all kinds of tax audits. So, they are in a good position to prepare you for the process so that things go as smoothly as is possible in the circumstances.

What should I look for when hiring a CPA?

When you look for a CPA, ensure that they understand your needs, figure out what you need before hiring, and check their expertise regarding accounting. It would also be best if you ask for a referral from someone who you deeply trust.

"What is the difference between a CPA and a tax attorney?

While a tax attorney is typically reserved for more specific and complex tax issues, a CPA is usually utilized regularly to keep your financial records in order and prepare your taxes. The advantages of having a two-in-one professional are hard to overstate.

Can a CPA give tax advice?

CPAs are often the go-to choice for anyone with a complex tax situation. A CPA is not only qualified to prepare your taxes but also advise on other financial matters.

Testimonial

“Sam handled a complex and urgent tax situation with professionalism, attention to detail, and speed. He quickly sorted out the situation with the CRA and made significant improvement to my overall tax situation. I recommend Sam and his team to anyone who needs fast, reliable tax help that you can trust. ”

Heather Krause
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.

Essam Alftayh
Essam Alftayh
1717274326
Sam Faris filed my many years of outstanding tax returns under the voluntary disclosure program. As a result, significant penalties were waived and more importantly the my many years of sleepless nights and living in fear are over now. Thank you Sam and I highly recommend him to family and friends.
D Schrager
D Schrager
1717025313
Sam of Faris CPA is an expert with CRA issues. I have waisted significant amount of money by hiring other professionals who never delivered. Sam’s promises are solid and he never disappointed me. Sam’s work quality exceeds expectations. Many thanks Sam and I will absolutely recommend your service to family and friends.
Before hiring Faris CPA, I shopped around and I hired a CPA firm who offered significantly cheaper fee than Faris CPA. I must admit that this was a mistake. That firm promised the moon and they did not deliver. I learned by accident that the firm outsourced my file to a firm in India. I was very upset as I did not consent to have my returns done in India. I lost trust in the firm as the firm mislead me by making me believe that my file is being handled properly and efficiently by CPAs who are knowledgeable in Canadian taxes. I had to fire them immediately and hired Faris CPA. Sam Faris and his team dealt with my case efficiently and on timely basis. As a result, my many years of outstanding personal and corporate tax returns have been filed as promised. The taxes that I ended up owing are way less than what I expected. Sam Faris and his team performed a good tax planning strategy which saved me taxes. Faris CPA fee is very reasonable considering the quality of work that has been delivered and the tax saving that was achieved.Don’t hire a firm who provides cheaper fee as you will end up paying twice. In my situation, I ended up paying to a firm who outsourced my file to India and I came back and hired Faris to complete the job properly. Save your money, time and emotions and hire Faris CPA and they will get the job done to your satisfaction.
Kate Miller
Kate Miller
1716575760
Thanks Sam for your help with our CRA issues. You were very easy to contact and deal with and did what was needed very quickly. Thanks so much.
It was my pleasure to work with Sam Faris closely to resolve my tax issue with the CRA. Sam was efficient and resolved it to my satisfaction. Unlike other professionals that I dealt with regarding the same tax matter, whatever he promised, he delivered with the least time and with a reasonable fee. Thanks Sam for all your help.
Lisa Lisa
Lisa Lisa
1716551738
I highly recommend Sam--he is a true expert--knowledgeable and professional. He is highly skilled, quick to respond, and an expert at any CRA matter. I honestly don't know where I would be without having hired him. Five stars for sure.
Rob Miller
Rob Miller
1716489740
Sam responded very quickly to my request for his assistance with my CRA submission. We spoke by zoom. He then processed the paperwork and has submitted it straight away. I would thoroughly recommend Sam to people anywhere in Canada who needs timely and efficient help with their tax issue.
Rasha Makhoul
Rasha Makhoul
1716055095
Faris CPA helped me to navigate a very difficult tax matter. I would recommend the firm to anyone who needs tax experts with high business standards.
Sam is a kind man and gave me honest advice! Was very easy to get a consultation as well!
Luba A
Luba A
1715083762
Very impressive. I wish I met Sam many years back. He would have saved us money and saved our time from dealing with professionals who promised the moon but never delivered. Thanks Sam for all your help. You deserve every dollar you charged us.
Lila Saba
Lila Saba
1715012850
Highly recommend Mr. Faris for any problem with the CRA. He is efficient and creative and has his own strategies to get favorable results. Thanks Sam for alll your help.
Shadi Hakawaty
Shadi Hakawaty
1714936992
I was referred to Mr Faris by a friend of mine who happened to be his client for more than 10 years .I was struggling with the CRA regarding HST audit .CRA claimed that I owe significant amount of hst .Mr Faris was able to preform a detailed analysis which is backed up with previous court cases .as a result mr FARIS was able to convince CRA that the property was not subject to hst and the case was closed with zero hst owing.Thank you mr FARIS for all your hard work 🙏
Rosa hanna
Rosa hanna
1714918257
Sam Faris helped me and helped my family to deal with a very complex audit with the CRA. His performance exceeded expectations and his fee is reasonable.
Kevin Eatz
Kevin Eatz
1710287499
Was very professional and fast with helping me file taxes that I have missed over the years. Highly recommend :)
Ria Frith
Ria Frith
1709742935
Excellent service! Sam helped make a stressful, complicated situation much easier to deal with, showing great patience and compassion. I'm very grateful.
farshid tayyeb
farshid tayyeb
1709600147
Sam and his team helped me with filing my complicated corporate tax. He is very informative, and knowledgable and most importantly always available to answer your questions and concerns. He is very detailed and spent a lot of time preparing my tax file and fixing my previous accountant’s mistakes. I should also mention that his fee was very fair. Thank you so much Sam!
Vero Land
Vero Land
1708810543
Had a meeting with Sam regarding my tax matter with the CRA. Sam was informative and provided an excellent advice to handle the situation.
David Kline
David Kline
1708785450
CRA audited me based on net worth audit. This audit lasted almost 2 years. I suffered emotionally and financially as a result. Bringing Sam and his team into the picture was the best decision that I have ever made. Sam followed a very unique strategy which led to dropping the taxes to my satisfaction. Thanks Sam for all your hard work.
Tomer Pitel
Tomer Pitel
1708694932
I wish I met Sam of Faris CPA many years ago. He would have saved me lots of money and kept me out of troubles with the CRA. His performance exceeded expectations. 10 stars
Madison Wortman
Madison Wortman
1708657850
Sam is the man to handle any CRA dispute. Very happy with his services and the results that he achieved for me.
Gwen Meador
Gwen Meador
1708535537
Sam Faris helped me with the HST audit which involved building a new houses. CRA proposed to assess the houses that I built higher than it should be. Sam approach was convincing and knock down the assessment significantly. Thanks to Sam that I did not have to file objection and the issue was settled at the audit stage with the least cost.
Rafa Vargas
Rafa Vargas
1706749169
Hire Sam if you have any tax issue with the CRA. He is highly reliable and trust worthy and will absolutely look after your best interest. Mark my word on this as this is based on my recent experience having Sam dealing with my issue with the CRA.
Joseph Qassis
Joseph Qassis
1706481745
Extremely helpful and high work ethics. Thank you for all your help Sam for solving my tax issues.
NewLeaf Dental
NewLeaf Dental
1706381674
I was referred to Sam Faris by a tax lawyer in the city. Sam helped me with a very complicated tax audit by the CRA. Results exceeded expectations and now I can focused more in my business as Sam is defending me with the CRA problems.
John S
John S
1706380825
Best CPA and tax expert in the country. Sam helped me with a very complicated tax problem which involved voluntary disclosure. CRA accepted Sam argument and submission without a single question asked. He saved me the penalties and interest. Highly recommend Sam and his team.
Loris Layus
Loris Layus
1706153940
Very happy with Sam services. Sam helped me to resolve a complex tax audit by CRA. Results exceeded expectations and highly recommend Sam and his team.
Angela Simpson
Angela Simpson
1705181007
Great experience, very informative, and knowledgable!
Sam Faris helped us with a serious matter with CRA. He is extremely knowledgeable, efficient and more importantly has very high work standards. I would highly recommend Sam to anyone who is facing an issue with CRA.
Rey459
Rey459
1704088130
Sam helped me with a very difficult tax issue which involved voluntary disclosure. He submitted a perfect package where CRA did not bother to ask any question. My package was approved from the first time with no issue at all. I must admit that after shopping around, Sam’s fee was the most reasonable fee among all the professionals including 2 tax law firms. Thank you Sam for all your hard work.
Soysal Realty
Soysal Realty
1704086408
A trusted tax firm who handled my complicated tax problems perfectly with the least cost. Sam and his team exceeded expectation. Highly recommend.
Waseem Khoury
Waseem Khoury
1702982945
Luckily I was referred to Sam and his team by a friend of mine. After wasting time and money with a tax lawyer, finding Sam was a big relief. He was able to resolve my tax issue with CRA on timely basis and with the least cost. Many thanks Sam.
maria martins
maria martins
1702833053
Super professional with high work and ethics standards. Highly recommend Sam and his team. Thanks for the hard work.
Seth Woodard
Seth Woodard
1702580217
Sam was super helpful and responsive, extremely fast, and very easy to work with. Would recommend to anyone. Thanks Sam!
MARIA FUDA
MARIA FUDA
1701962330
Without doubts, the team at Faris CPA is the best out there to dispute CRA decisions. They are focused on details and are second to none. Their fee is fair and more importantly, they are honest, reliable and meeting their promises. Don't bother to hire other professionals and of course no need for tax lawyers who charge you excessive legal fees. Hire Sam and his team and they can get the job perfectly done and on a timely basis with the least cost. Very grateful to Sam for all the hard work on my file. I am lucky to know you and because of you, I have no concerns whatsoever if CRA tries to attack me and attack my business in the future.Thank you Sam.Maria Fuda,Litewave Communications
Paulina R
Paulina R
1701920055
Very helpful and super efficient. Sam is an expert with tax problems and will help you in every aspect with the least cost. Thank you so much for all your hard work!!
jonathan sousa
jonathan sousa
1701786708
Sam is a wealth of knowledge. I would highly recommend his services to friends and family.
Scott Dalziel
Scott Dalziel
1701716742
Sam and Edward were extremely helpful and very timely in providing their services! They provided great service at a very reasonable price.
David Lonergan
David Lonergan
1701716732
Sam Faris and his team are EXPERTS in fighting the CRA / Canada Revenue Agency. I cannot say enough good things! Save your money and don’t hire a tax lawyer. They can do it ALL and save you the legal fees. Sam and Team will get you the best outcome for a very reasonable fee. I HIGHLY RECOMMEND.
Colin Simpson
Colin Simpson
1701454466
Sam Faris is an excellent accountant who is an expert in CRA issues. He is very knowledgeable and I highly recommend him.
Very professional and high work ethics.
Ryan Butao
Ryan Butao
1700422012
Ana Santos
Ana Santos
1699467169
Amazing work and great exceptional service.
Edden Y
Edden Y
1699118104
Sam Faris is highly professional and keep his promises. He promised me a fair resolution to my tax issue and he met the promise. His fee is very reasonable too.
Steve Hayward
Steve Hayward
1699045891
Sam helped me out with a complicated (to me) tax issue I had. He was super responsive and walked me through everything. I had a follow up question a few months later and he responded within an hour. Highly recommended.
Marcin J
Marcin J
1698918573
Very professional support for international taxes.
Gol Zar
Gol Zar
1696091250
Sam is extremely knowledgeable with tax issues with CRA. He provided me the best advice which saved me from troubles. His fee is reasonable too. Thank you Sam and I will recommend you to my people.
peter lozier
peter lozier
1694887202
I had the absolute pleasure of working with Sam Faris and I can't express enough how thrilled I am with the service I received. From start to finish, the experience was seamless and efficient.Sam is a true expert in Canadian tax regulations. he demonstrated an impressive knowledge of the Canadian tax code, which immediately put my mind at ease. He was able to answer all my questions and provide valuable insights that helped immensely with Canadian tax laws.What truly sets Sam apart is their incredible speed and attention to detail. I submitted my tax documents, and he worked diligently to complete my return in record time, all while ensuring it complied with the Canadian tax requirements. I was amazed at how swiftly they turned around my taxes without sacrificing accuracy. It's evident that he has a deep understanding of the Canadian tax system and can navigate it with ease.Throughout the entire process, Sam was not only professional but also incredibly personable. They made what is typically a stressful time of year into a stress-free experience. Their friendly demeanor and willingness to explain complex Canadian tax concepts in simple terms made me feel valued as a client.
Nadine Mortada
Nadine Mortada
1694778156
I received the best tax advice for my international tax issue. Thank you Sam for all your help.
Shams Hirji
Shams Hirji
1693968913
Sam is the most trusted advisor amd accountant in personal and corporate accounting. Creative CRA resolution specialist. I highly recommend Sam.Call him today for all your issues !!
Haifa Rizk
Haifa Rizk
1693766122
Sam Faris has provided me with he best solution to dispute CRA audit. I highly recommend Sam for any tax problem.
Ercan Coşkun
Ercan Coşkun
1692485940
Sam is the right guy to fight CRA. Sam helped me to resolve a serious issue with CRA. He went above and beyond and got me the best results. 10 stars
Sam helped me with the voluntary disclosure program to file all my outstanding tax returns. He saved me taxes and penalties and his fee is very reasonable. I highly recommend him to any problems with CRA.
Jack CHaci
Jack CHaci
1692485321
Got a great help from Sam and his team regarding very complex tax matters with CRA. Thank you for the wonderful job.
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