We solve serious CRA tax problems

Chartered Professional Accountant – Serving Canada’s Taxpayers


TORONTO, ONTARIO (November 2016) – Faris Chartered Professional Accountant Professional Corporation, a boutique Toronto Accounting firm serving Canada’s business community, has been hard at work obtaining refunds from the Canada Revenue Agency. Standing up for Canada’s taxpayers is what they do, and taxation is what they are experts in. Since tax rules are so complicated and the administrative hurtles that have to be overcome so convoluted and time-consuming, it takes the experience and experience that Faris CPA brings to the table to ensure that clients’ rights are secured.

As the calendar year comes to an end, Faris CPA is aggressively working with clients to ensure that their rights are respected and that they only pay to the government what they owe and not a penny more. Auditors and other CRA agents are overworked and sometimes lack appropriate training and experience to properly handle client files. This can put a client in a difficult situation in having to take the CRA agent’s word that the rules were correctly applied and that the outcome is correct and fair. Since the CRA wants to collect as much money as possible, and the client wants to pay only what is owed, there is a conflict of interest when relying on CRA positions. Faris CPA has repeatedly proven the CRA to be wrong and either reduced clients’ tax bills or obtained refunds for them.

This year, Faris CPA has already obtained a some large cheques from the Government of Canada. Three examples of refunds from the Canada Revenue Agency obtained this year are over $847,000, $86,000, and $135,000.

Sam Faris, team pleader and President of Faris CPA had this to say:

I take pride in delivering work that exceeds client expectations and that ensures that my clients can rest easy. Their time is too valuable to spend on dealing with the CRA, and their energy is best spent on what they do best – providing goods and services to their customers. I see myself as part of every clients’ team, making sure that I gauge my success by theirs. When the CRA comes calling or has taken more than they should, I won’t rest until all problems are resolved and my client has any hard-earned money returned.

In addition to refunds, Faris CPA actively works with Canadian businesses and business owners to ensure their books and records are accurate and in line with best practices in their particular industry standards. This ensures that even if audited, Faris CPA’s clients do not face reassessments or disruptions to their business activities. Nothing is better than being able to respond fully to CRA requests and knowing that your tax risk is properly managed. There are long-term benefits to being compliant and having proper record management systems for tax purposes. As your risk of non-compliance is lowered by the CRA, you and your organization will face fewer information requests and audits, saving you time and money.

Faris CPA will go to bat for you. They are proud to offer you and your organization experienced and dedicated accounting, auditing, taxation, and related services.

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

Case Study

A new client of ours had been audited by the CRA. It was discovered that their previous accountant had made many errors and had made many adjustments to their tax records. This company needed someone who could fix their books, records and amend 3 years worth of personal and corporate tax returns.

Our firm took over the file and started working on their books from the beginning. Corrections were made throughout the company’s books and records. Corrections were also applied to 3 years worth of personal and corporate tax returns. These adjustments were submitted to the CRA and the results were very favourable for our client.

This client has continued to use our firm for handling their business and personal financial affairs.

“Sam is a solid character with high standards and ethics which make his firm excellent.”


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.


“As it happens with a lot of people, my business too got audited by CRA tax auditors. I have an accountant who told me to go to Sam Faris. I contacted him and his expert team who handled my CRA. I could finally sleep peacefully because of that. I could not be more pleased with the service provided by Sam Faris.”

Alexander P.