We solve serious CRA tax problems

Team Leader

Sam Faris is the President of Faris Chartered Professional Accountant Professional Corporation. He is a Licensed Public Accountant (LPA) in Ontario and is a member in good standing of the following associations:

  • Certified Professional Accountant in Ontario, CPA, CGA;
  • Certified Public Accountant in U.S.A., CPA (C.O.) (Expired), and
  • Fellow Association of Certified Chartered Accountants in United Kingdom, FACCA (U.K.).

Get Your Tax Problem Solved

Sam began his career in 2003. He articled in a medium-sized downtown firm where he spent most of his career before founding his own practice.

“I love helping clients who are in trouble with the CRA. Our team, time after time has helped them to save lots of money.” Sam Faris, President, CPA, CGA, LPA, CPA (C.O.), FACCA (U.K.)

Revenue Canada Disputes

Sam has a broad CPA accounting practice. He specializes in Canada Revenue Agency disputes, Voluntary Disclosures, CRA tax audits, GST/HST Audits, Net Worth Assessments, Unfair Assessments/Reassessments, Late Filing, Director’s Liability Assessments, Section 85 Rollovers, Wage Garnishees, Frozen Bank Accounts and Requirements to Pay. His CPA firm in Toronto also provides general accounting services including Bookkeeping, Corporate and Personal Tax Return preparation, Tax and Estate Planning, Audit Financial Statements, Review Engagements, Notice to Readers, Financial Statements, and Business Advisory Services.

Track Record of Success

He has successfully disputed and won numerous cases with CRA. For example, for one of the Net Worth Assessment audit cases, he was able to reduce the unreported income per the auditor’s report to nil. Another success story was he helped a client to recover $847,923 in HST refund that was previously disallowed by CRA.

Faris CPA has a variety of clients ranging from small owner-managed companies to large corporations. The range of industries include real estate, importing and distribution, retail, wholesale, construction, condo corporations, and non-profit organizations.

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

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.”

E.M., Ottawa
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.