I’m in trouble with the Canada Revenue Agency. As an Accountant in Toronto, can you help me, or do I need a lawyer?

You don’t always need to pay expensive legal fees, if you’re in trouble with the Canada Revenue Agency (CRA).   As Accountants in Toronto, we have assisted our clients in many different situations, including filing objections to unfavourable tax assessments and in reaching tax settlements with the Canada Revenue Agency.

If you have a problem with the CRA, it’s very important that you hire a professional Accountant in Toronto immediately.  Otherwise, the problem may prolong, and the interest and penalties that you owe will keep adding up.

Some of the services that we offer include:

1. Payment Programs:

The CRA is not out there to get you.  As such, flexible payment plans can be arranged to settle tax balances owing.  As Toronto Accountants, we can assist you with this process.

2. Filing Notice of Objections:

You only have 90 days from the date of the Notice of Assessment or Reassessment to file an objection with the CRA.  Therefore, you should contact your Accountant in Toronto as soon as you receive the assessment.

3. Tax Fairness Provisions:

As Accountants in Toronto, we can also help reduce the amount of tax, interest and penalties that you owe through the tax payer relief provisions.  Please see here for further details.

4. Overdue Tax Returns:

If you’re behind in filing tax returns for several years, we can help you.  Our team of Accountants in Toronto can quantify the amount of tax owing by you and prepare the past-due returns very expediently, to minimize any interest and penalties owing.

ABOUT THE AUTHOR

ALLAN MADAN

CA.CPA.CGA

Allan Madan is a CPA, CA and the founder of Madan Chartered Accountant Professional Corporation. Allan provides valuable tax planning, accounting and income tax preparation services in the Greater Toronto Area.

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