Tax Representations to Canada Revenue
As a member of the Canadian Institute of Chartered Accountants, Joe Truscott would like to emphasize his personal strength as a Chartered Accountant of over 30 years. Joe has been servicing the special needs of individuals and corporations since 1973.
Our goal is to provide customized solutions for difficult problems. We stress a practical approach which attempts to match the costs with the potential benefits.
We understand that dealing with the CRA (Canada Revenue Agency) and tax laws can be a very stressful experience. Therefore, our objective is not only to minimize the taxes our clients owe within those tax laws, but to also reduce the stress by taking the weight of dealing with the CRA on a day-to-day basis off your shoulders.
As a tax practitioner, Joe has an excellent understanding of the complexity of tax legislation and administrative policy of taxation authorities and brings his knowledge with him when negotiating with Government auditors and appeals officers or when assisting a tax lawyer in appearing in tax court on behalf of a client.
Tax litigation is a natural fit for an accountant. It is both the technical approach and tax experience combined with various legal aspects of matters that arise under the Income Tax Act that permits Joe to best represent clients.
We believe you will find our strengths and knowledge of the following areas to be of interest to you:
We represent taxpayers in the following:
- Income Tax Act
- Unemployment/Employment Insurance Act
- Canada Pension Plan
- Old Age Security
- Director Liability for unpaid taxes
- GST, PST, etc.
There are various methods to resolving income tax disputes and some of our steps and procedures include the following:
- Representation during CRA audits
- Preparation of fairness applications
- Preparing and filing a note of objection
- Meet and negotiate with income tax auditors
- Preparation of applications for waiver of interest and penalties under the fairness provisions
- Prepare waivers
- Request T-20 forms from CRA (Auditors working papers)
- Assist in the preparation of settlement offer
- Prepare a remission order
- Voluntary disclosure submissions
- Assist in preparing unfilled tax returns
- Negotiating of repayment over a specified time period
- Many other procedures
Our goal is to provide customized solutions for difficult tax problems. Our firm recognizes that when it comes to tax litigation, one size doesn't fit all. We stress a practical approach which attempts to match the costs with the potential benefits. Don't be one of those taxpayers that waive their rights in appealing a notice of assessment and/or filing a notice of appeal within our tax system.
As a tax practitioner, Joe Truscott has an excellent understanding of the complexity of tax legislation and the administrative policy of the taxation authorities, and brings this knowledge with him when negotiating with government tax auditors and tax appeals officers.
A final thought - when in dispute with the CRA, it pays to have an expert on your side.
Over the years, Joe Truscott has written many individual income tax and business articles which have been posted here for you to review. You can also review many additional articles that have appeared in his quarterly client bulletin called Business Matters.
Call us today at 905-528-0234, for a free initial meeting.
