Expert Tax Guidance
Faris Chartered Professional Accountant works with people and businesses that face audits and other significant issues with the Canadian Revenue Agency. They are focused on helping clients with significant problems that need experts in tax disputes, audits, disclosures and penalties issues.
Faris CPA is a boutique, tax accounting firm in North York, Ontario. They provide experienced tax help to independent professionals, individual investors, and small to medium size businesses. They provide the highest quality of tax, financial, and accounting services and advice so that undue taxes and penalties can be avoided.
Services
Tax Disputes & Tax Objections
We provide help with all types of tax disputes and objections. We often work with clients whose previous accounting made serious errors.
Net Worth Audit
We provide an in depth analysis of the CRA audit in order to minimize tax implications, for corporate and personal net worth audits.
Voluntary Disclosure
We work with all types of disclosures, including help for individuals, corporations and unreported offshore income.
Unfiled Tax Returns
We provide a comprehensive review of your case in order to minimize or avoid the most serious of penalties.
Corporate Tax Audit
We will help our clients to understand and exercise their rights so that they only pay the taxes you owed, not all the ones CRA asks for.
Personal Tax Audit
We help our clients to avoid an audit or If the CRA is, or has performed a tax audit, we work in order to get our tax relief for our clients.
GST/HST Audit
We help our clients as soon as they receive an audit through to the post audit process. This enables our clients to focus on their business, not their taxes.
Reduction of Penalties and Interest
We are specialists in submitting expert analysis, backed by legal precedents to the CRA so that our clients get relief from tax interest and penalties.
Income Disclosure
We are specialists with significant experience in dealing with offshore assets and income that have not been disclosed.
We solve serious CRA tax problems so our clients can sleep at night.
About Sam Faris
Sam is the President of Faris CPA and is a licensed Public Accountant. He has more than 15 years of experience dealing with serious tax issues for both personal and corporate clients.
Sam and his firm specialize in:
- Canada Revenue Agency Disputes
- Voluntary Disclosures
- Audits
- GST/HST Audits
- Unfair Assessments/ Reassessments
- Late Filing
- Director’s Liability Assessments
- Section 85 Rollovers
- Wage Garnishees
- Frozen Bank Accounts
- Requirements to Pay
Sam has successfully disputed and won many cases against the Canadian Revenue Agency.
Case Study
Our client had been audited by the CRA and they had found a significant amount of unreported income based on net worth.
The result of the auditor’s assessment meant that there was a significant amount owing to the CRA.
Sam has a sophisticated approach and process for fighting complex audits that unique. He found countless mistakes made by the auditor.
When Sam appealed the auditor’s decision, the auditor’s errors were rectified. This resulted in the amount owing went from a very large sum, to nothing. Our client was ecstatic.
FAQS
What is the Voluntary Disclosure Program?
I’m being audited by the CRA. How do I stop the audit?
Can I challenge a net worth audit?
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.”