We solve serious CRA tax problems

CRA Tax Help in Toronto

If you are looking for tax help, you don’t need a tax lawyer. At Faris CPA, we’ve been providing CRA tax help and saving taxpayers unnecessary legal fees for over a decade.

Every taxpayer’s financial situation is unique, but whether you’re filing taxes as a personal or professional entity, the process can feel overwhelming if you don’t have the appropriate tools and resources at your disposal.

Learn how our CPA firm in Toronto provides trusted tax and accounting services to individuals and organizations in Toronto and across the GTA.

GET YOUR TAX PROBLEMS SOLVED BY FARIS & TEAM

TAX HELP EXPERTS IN TORONTO

Tax Help Experts in Toronto

Faris CPA is proud to be a leading accounting firm in Toronto with over 15 years of industry experience. We work with individuals and businesses across Canada to streamline their financial process and ensure their tax filings are submitted according to CRA guidelines.

When it comes to filing your taxes or disputing a CRA assessment, we offer the tools and resources necessary to ensure your financial standing is secure. We assist clients across a wide range of industries, including retail, construction, and non-profit organizations through our esteemed accounting, financial, taxation and business advisory services.

Navigate Your CRA Tax Matters with Confidence
Contact Our Tax Professionals Today!

Expert tax guidance, Chartered Professional Accountant

Filing Your Taxes

How to Get Started

The process of filing yearly taxes is often unique to each Canadian.

When filing taxes, whether independently or with the assistance of a professional tax specialist, having all your personal information available is essential. The CRA requires taxpayers to report the entirety of their income, any relevant deductions, and the details of any dependents if necessary.

It’s important for Canadians to understand what they can and cannot claim on their taxes to avoid a tax audit by the CRA. With a CRA tax help specialist by your side, you can feel confident knowing your taxes are being filed according to federal guidelines.

Adjusting Your Tax Return

It’s not uncommon to find errors in your CRA tax forms even after they’ve been filed. The good news is the CRA affords taxpayers the opportunity to adjust tax returns filed up to 10 years ago. This process is relatively simple as forms can be obtained directly from the CRA’s website.

Common Myths to Avoid

When it comes to filing your taxes, there are common myths that taxpayers are exposed to and must be wary of when engaging in their own financial business, including:

Higher Tax Bracket Means Losing More to Taxes

The reality is that tax brackets are marginal which means that substantially higher rates apply to each dollar above the cut-off.

All Investment Incomes are Taxes Equally

If you have various investment incomes, it’s important to differentiate between them as they may not all be taxed equally. A tax specialist can assist you in determining which are contributing to your income and the most effective ways to reduce your taxes and improve your financial portfolio.

The Rich Have Secret Ways to Avoid Higher Taxes

The secret is that there is no secret — financial systems were designed for those in higher tax brackets and offer more loopholes and easy ways to pay higher sums in taxes.

Find a Tax Specialist in Canada

Faris CPA is a leading tax help centre in Toronto with over a decade of accounting experience and expertise. We offer a more efficient way to file and submit your taxes and will guide you through the entire process from start to finish, ensuring you have the insight and tools needed to maximize your return and minimize your payments.

Schedule an assesment now

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Chartered-professional-accountant-logo

Chartered Professional Accountant (CPA) in Canada, U.S. and U.K.

HIRE AN EXPERIENCED CPA FOR CRA TAX HELP

Hire an Experienced CPA for CRA Tax Help

Faris CPA is proud to be a leading accounting firm in Toronto with over 15 years of experience. We offer professional assistance to our clients to effortlessly streamline their taxes and file their returns.

We understand the complexities and nuances involved during tax season. Our specialists provide the tools, resources, and insight our clients need to submit the right claims and maximize their refund potential.

Whether you’re self-employed or a part of a large corporation, we can help make filing taxes easy and efficient. Trust Faris CPA to provide the highest-level accounting, taxation, and business advisory services.

FAQS

When to file taxes in Canada

In Canada, income taxes are required to be submitted by April 30 with details pertaining to your income from the previous calendar year. The CRA may accept late submissions on a case-by-case basis, though there may be a penalty.

What are the types of taxes I need to file?

There are four types of income taxes Canadians should be aware of when it comes time to file:

  • Personal
  • Business
  • Corporation
  • Trust

Each tax type relates to a specific area of income and includes a range of deduction and claim options. A Faris CPA’s tax help centre, we can assist you in understanding where you should focus your attention and the types of documents and details you’ll need to effectively file your income tax.

Why is it important to file taxes?

Your taxes are an important part of your contribution to Canada’s economy and filing yearly taxes allows the CRA to determine if you’re eligible for any returns or if you’re required to pay back a specified amount to the government.

When taxes are not filed properly, there are significant penalties attached, including financial late filing penalties, not receiving certain benefits such as Old Age Security, and, in severe cases, can lead to prosecution.

With the assistance of an accounting and taxation expert at Faris CPA, you can avoid all the above and secure your financial standing.

How to prepare to file your taxes

The first step to filing your taxes is gathering all your income-related documents, investments, donations, RRSP contributions, and details of any dependents. Once you have all the necessary documentation, a Canadian income tax specialist can help you organize your information and determine what is submittable to the CRA.

At Faris CPA, we help individuals and businesses in Toronto and across the GTA streamline their tax filings and ensure they’re maximizing their return potential. We’ll guide you through the process and assist in determining which investments can contribute to your deductions and how you can minimize your chances of owing money to the federal government.

How can I get assistance with my tax return?

If you’re overwhelmed with the process of filing taxes, a licensed tax specialist can help.

At Faris CPA, we provide trusted accounting and taxation services in Toronto and across the GTA. With over 15 years of experience, we understand the nuances involved in submitting personal and professional taxes and what the CRA expects from taxpayers.

We’ll work closely with you to determine the appropriate claims and deductions to submit, ensuring we’re maximizing your refund potential and minimizing the chance of owing any money to the federal government.

Get in touch with our team today to learn about our specialized services.

Cost of tax assistance in Toronto

The cost of working with a CRA tax help specialist will vary for each Canadian, depending on the scope of the services required.

At Faris CPA, we believe in offering affordable tax help to clients in Toronto and will work closely with each client to ensure they’re receiving the appropriate services at fair prices.

Where can I find tax help near me?

If you’re looking for a better way to complete and file your taxes, trust the accounting specialists at Faris CPA. Our licensed accountants offer premier accounting services in Toronto and across the GTA.

We work with clients across a wide range of industries, ranging from importing and distribution to local and national non-profit organizations.

Contact us today to get started.

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.

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.
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-
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