We solve serious CRA tax problems

CRA TAX AUDIT IN CANADA

Are You Being Audited for Your Personal or Corporate Taxes?

When facing a CRA audit, you don’t need a tax lawyer. At Faris CPA, we’ve been providing CRA audit assistance and saving taxpayers unnecessary legal fees for over a decade.

If you want to avoid a corporate or personal tax audit in Canada,
call us at 1 844 340 5771.

GET YOUR TAX PROBLEMS SOLVED BY FARIS & TEAM

TAX AUDIT EXPERTS IN TORONTO

Tax Audit Experts in Canada

At Faris CPA, our clients can feel confident they will receive what they are entitled to from the CRA and won’t pay a penny more than legally required.

With over a decade of experience in accounting and tax specialties, we understand the importance of ensuring your personal or professional finances are in order, and that starts with a licensed income tax audit specialist.

As experienced and compassionate tax accountants in Canada, we work closely with our clients to ensure their financial records are accessible and organized before submitting their yearly income tax reports. A tax lawyer will need to hire a tax expert CPA to assist you with a tax audit. Work with Faris CPA directly to avoid the unnecessary legal fees that come with a tax lawyer.

With the help of a Faris CPA tax audit specialist in Canada, you can rest easy knowing that your financial affairs are in capable hands.

Minimize Stress During Your CRA Audit
Let Our Experts Help!

CRA TAX AUDITS

  • Tax Audits

    In Canada Tax audit procedures are designed to ensure the Canadian tax system is fair and balanced and that all Canadians filing their taxes are following current tax laws and receiving their entitled benefits and refunds.

    CRA tax audits in Canada will assess your previous personal or professional tax filings, to determine if there are any discrepancies. Personal income tax audits may include reviewing bank statements, mortgage documents, and credit card statements, while business audits typically involve invoices, employee payroll information, GST/HST, and any business-related statements.

  • During a CRA Tax Audit

    When a tax audit in Canada is initiated by the CRA, an auditor is assigned to your case to review all personal or professional records or the records of another party that is not under investigation, including spouses and children.

    Your auditor will contact you by phone or mail with the time, date, and location of the audit. In some cases, tax audits in Canada are completed on-site at your residence or place of business, while others will take place off-site at a CRA office. During this time, your auditor may ask for copies of physical or electronic documents pertaining to invoices, receipts, bank statements and other relevant information.

    Once a CRA tax audit in Canada is complete, there are two potential outcomes — reassessment and no reassessment. Reassessment means there are additional taxes that must be paid, or you’re entitled to a refund, and you’re presented with a letter detailing the results, which you can agree or disagree with within 30 days. No reassessment is announced when an auditor determines there are no discrepancies in the original filings, and no further action is required. When faced with a tax audit, Faris CPA is well equipped to assist you, removing the need for a tax lawyer.

  • Find Tax Audit Help in Canada

    At Faris CPA, we work with individuals and businesses across Canada to provide tax audit consulting services that produce real results.

    We offer a selection of customized tax and accounting services to suit your needs. Whether you’re dealing with GST/HST audits or income tax audits in Canada, our accounting specialists will work with you to ensure your books are in order and any financial adjustments are submitted to the Canadian Revenue Agency.

    Our team is dedicated to our clients’ financial well-being and will work tirelessly to deliver results you can trust.

    Experience high-quality tax audit solutions in Canada today.

  • Tax Audit Updates

    2021: As part of the 2021 budget, the federal government proposed amendments to section 231.1 of the Income Tax Act to broaden the CRA’s powers during a tax audit.

    2022: The aforementioned amendments proposed in 2021 were enacted in Bill C-32 and came into effect on December 15, 2022.

    With these changes, CRA auditors can now compel anyone to answer, “all proper questions” and provide “all reasonable assistance”. Further amendments in subsections 231.1(1)(d)(i), also allow the CRA to require that the person attend “any place designated by the CRA” or any other form of electronic communication to undergo oral questioning.

    Prior to these amendments, taxpayers were generally speaking: the only ones subject to questions, could answer them in writing, were provided questions in advance, and had to give consent for other parties (e.g., employees or advisors) to be interviewed by the CRA.

    The changes to the ITA now empower the CRA to compel taxpayers and anyone else related to the matter to be orally interviewed – making it necessary to have professional representation during a CRA audit.

    2024: As of 2024, the CRA has not updated tax audit regulations and processes. That said, however, there have been some important tax reporting updates to be aware of to help avoid triggering audits:

    • If you do not pay taxes owing by the deadline of April 30, 2024, for the 2023 tax year, you will be charged a compounding daily interest rate of 10% of taxes owing, plus an additional 2% for every full month of non-payment to a maximum of 20 months.
    • If you file your taxes late and have a balance owing, the late-filing penalty is 5% of your 2023 balance owing, plus an additional 1% for each full month that you file after the due date, to a maximum of 12 months.
    • You will not be eligible to claim the $500 COVID work-from-home expenditure for the 2023 tax year. In addition, the Canada Worker Lockdown Benefit (CWLB), which provided short-term financial assistance during the pandemic, expired in 2022 and is not eligible for deduction from taxes in 2023. The Ontario Staycation Tax Credit was only available for the 2022 tax year; it was not extended to the 2023 tax year.
    • In response to rising inflation, the federal government has adjusted its tax brackets for the 2023 tax year. Here are the new brackets and corresponding personal tax rates:
      • Income range: $0 to $53,359 (15%)
      • From $53,359 to $106,717 (20.5%)
      • From $106,717 to $165,430 (26%)
      • From $165,430 to $235,675 (29%)
      • $235,675 or more (33%)

    Visit the Government of Canada website to stay up-to-date on these and all other tax changes, remain compliant in your tax reporting, and avoid a CRA tax audit.

 

Faris CPA’s clients rest confident that they will receive what they are entitled to from CRA and not pay a penny more than legally required.

M.W., BC – Client

”Sam’s team helped with my audit and cut my bill significantly. I saved thousands of dollars. Sam and his team were great.”

Call us today at for a Confidential Initial Assessment about any accounting or tax matters. As an experienced, certified, licensed, and expert tax accounting firm we help our clients handle all tax and accounting issues. Give us a call today at 1 844 340 5771.

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TAX AUDIT 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.”

TAX DISPUTE EXPERTS IN TORONTO

HIRE AN EXPERIENCED CPA FOR A CRA GST/HST AUDIT 

Faris CPA is proud to be a certified tax accounting firm with over a decade of industry experience and expertise. We help individuals and businesses assess their accounting needs through a selection of licensed services, including our specialized income tax audit assistance.

When it comes to your personal or professional finances, you need tax audit specialists in Canada you can trust.

As an experienced, certified, licensed, and expert tax accounting firm, we help our clients handle their pressing tax and accounting issues. Give us a call today at 1-844-340-5771 for a confidential initial assessment about any accounting or tax matters.

Other Services

Faris CPA is proud to offer a wide variety of tax-related services, not limited to:

FAQS

What is a CRA tax audit?

CRA tax audits are carried out by an auditor that has been assigned to examine your file. Using historical data, the CRA is able to determine who is most likely not to be fully compliant, either because of common errors or deliberate acts of tax avoidance. During the audit, your financial statements and records are examined with the aim of checking whether you have paid the correct level of tax.

I’m being audited by the CRA. How do I stop the audit?

Once an audit is started you cannot stop it. You can hire a Certified Professional Accountant who specializes in tax problems and who can ensure your rights are protected and that any taxes and/or penalties can be minimized.

How can a tax audit professional help me?

No one wants to be the recipient of an audit by the CRA, but it’s far worse if you don’t get a CRA tax audit specialist to provide assistance. Your accounting specialist can help you prepare all the necessary paperwork and to navigate this situation so that you feel as comfortable as possible and know all avenues available to you as the audit unfolds.

Dealing with CRA tax audits in Canada is incredibly stressful and can end up being very expensive. A professional accountant can help you through this process by saving you time, money, and giving you peace of mind. A tax audit professional can help by getting audited financial statements organized and reviewing them, which can help you win your case against the CRA.

What happens when you get audited by the CRA?

When you get audited by the CRA, you send the records asked for to the auditor. They use them as well as bank and other financial statements to assess whether you have paid the right amount of tax. Sometimes they will also access the financial records of individuals you are close to, such as a spouse. Provided everything is as it should be, you will receive a completion letter. If not, you will receive a proposal letter.

What is the tax audit process

You will be notified if your tax record has been selected for an audit. You will be informed by phone, through the mail, or through both, about the date and location. 

During a tax audit in Canada, the CRA assigns an auditor to your case. They then tell you which records to send them. Your auditor will also be able to access information relating to your bank accounts, credit card statements, tax records and other relevant information. They may also access the financial records of people you are connected to financially or close to, for example trustees. Once your auditor has checked everything, they will tell you the outcome of their audit.

An on-site audit will usually take place at your personal residence. It is best to be as organized as possible when this is scheduled and have all your paperwork set up to go since this will make the process faster. 

Having a tax audit assistance professional help you sort through this information is key to protecting your interests. Electronic copies of your paperwork might be made; if any of your documents are taken you should get a receipt for these. Auditors cannot receive information from you over email, but there are possible secure options for you online.

What are the red flags that might cause the CRA to audit me?

Some of the issues that flag agents are revenue discrepancies, recurring losses, there are major changes from the previous year, what you’re reporting does not match what the CRA is getting from third parties, and more. It can be difficult to tell which issues prompted auditors to look more closely at your file.

What are my options when faced with a CRA audit?

One of the options someone has when they are faced with a CRA audit is they can challenge the audit. You need to have strong evidence in your favour and the support of an experienced professional tax audit assistance team to navigate challenges like this. You also have the right to appeal the outcome of an audit.

Can I challenge a net worth audit?

The CRA can perform a net worth audit to determine what they believe your underreported income is. Challenging a net worth audit should be done by a professional who has in depth understanding in this type of audit, strong analytical skills and who has disputed this type of audit with CRA for many years in order to minimize any taxes that CRA is asking you to pay.

What can I do to reduce the chance of being audited by the CRA?

Using a tax audit professional early on helps you ensure that your returns and information are being sent in properly. Having a CRA audit lawyer at your side who does audit assistance is also helpful since this person will likely challenge what the CRA is saying.

Filing all your income tax returns on time is another way to show compliance with the tax laws and minimize your chances of an audit in the future. Since anyone can be subject to a tax return audit, it’s worth having help at your side just in case.

If you are audited by the CRA, having easily accessible books, and documents to support your claims will make it easier to show that you submitted the accurate information to begin with. The CRA is looking for discrepancies, and showing that you have kept things orderly and supported by outside professionals makes it easier to broach this process.

How long does an audit take?

An audit can take anywhere from a few weeks to months or even years, depending on the complexity of the information involved. Being organized on your end can make the process go faster, but there will also be delays if you challenge what the CRA says.

Does the CRA review every tax return?

While the CRA does process every tax return, this does not mean they audit every tax return. Due to this, you should always be aware of the potential to be audited by the CRA.

Can you negotiate with CRA?

In some cases, you can appeal to what the CRA says. However, you need a savvy tax audit professional at your side to help you determine when there are other options available to you and how you can use them.

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.

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.
Best Service
Helwe Najami
Helwe Najami
1692407521
Excellent experience with Sam Faris and his team. They achieved the best results for me with CRA. Thank you Sam for all your hard work. I will definitely recommend you for families and friends.
Luis Arcangel
Luis Arcangel
1692380866
Thank you for everything you have done for me-
Ken Weakley
Ken Weakley
1692035734
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