We solve serious CRA tax problems

Manufacturing, Retail & Distribution

CRA T1135 Form

The manufacturing sector is a vital part of the Canadian economy. In 2015, it accounted for $174 million of Canada’s GDP and provided more than two million jobs. Employees in the manufacturing sector are engaged either in manufacturing activities or in auxiliary activities. There could be different tax consequences based on the nature of the employees activities.

The Canadian retail and consumer business industry has continued to change and evolve. This evolution includes foreign retailers increasing their presence in the Canadian marketplace, as well as the increase in e-commerce.

Our financial auditors can examine and analyze accounting and financial records of your organization. This will ensure accuracy and compliance with accepted accounting standards and procedures in the manufacturing, retail, and distribution industries.

Our Accountants can plan, organize, and administer accounting systems for individuals and businesses active in these sectors.

Our skilled team can offer your Manufacturing, Retail, and Distribution business:

  • Traditional accounting and assurance services;
  • Advanced income tax services;
  • Corporate finance services;
  • Tax dispute resolution assistance and representation;
  • Tax planning services; and
  • Business consulting services.
Chartered Professional Accountant in Canada, U.S. and U.K.

Case Study

A new client had a difficult CRA audit that disallowed an HST refund valued at almost one million dollars. The CRA audit revealed that his previous accountant had made significant errors which resulted in the disallowing of the HST refund valued at approximately 1 million dollars.

He was referred to our firm by another client of ours.

We performed an intensive review of the proposal letter from the CRA along with the income tax act. We were convinced that the case would be won if the records were corrected and a new argument was submitted as a replace to the proposal letter from the CRA.

The CRA auditor denied the response. Our firm filed a Notice of Objection to the CRA.
The Notice of Objection was successful, and our client was able to recover, not only the original refund, but there were additional amounts that the previous accounted had missed that were awarded to our client as well.


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


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.