Tax Representations to Canada Revenue Agency
At Joseph Truscott Chartered Accountant we understand that dealing with the CRA (Canada Revenue Agency) and tax laws can be an exceptionally stressful experience.
The objective of our team is not only to minimize the taxes our clients owe within those tax laws, but to 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 for over 30 years, Joe has an exceptional understanding of the complexity of tax legislation and administrative policy of taxation authorities. He continues to have strong ties to the Institute of Chartered Accountants and has built a reputation as a trusted Chartered Accountant with the CRA. Joe’s strength and expertise with positively resolving CRA disputes is at the forefront when negotiating with Government auditors and appeals officers, or when assisting a tax lawyer in appearing in tax court on behalf of his clients.
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.
Our team’s strength and knowledge of taxation is second to none and is beneficial to our clients when dealing with issues regarding 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 of resolving income tax disputes. Our team will tailor make a resolution for our client’s unique circumstances. When dealing with CRA disputes it pays to have a team of tax experts on your side. Some of the services we provide include:
- Representation during CRA audits
- Preparation of fairness applications
- Preparing and filing a note of objection
- Negotiation with income tax auditors
- Preparation of applications for reduction or elimination of interest and penalties under the fairness provisions
- Preparation of waivers
- Request T-20 forms from CRA (Auditors working papers)
- Assist in the preparation of settlement offer for outstanding income taxes
- Prepare a remission order
- Voluntary disclosure application
- Assist in preparing unfilled tax returns
- Negotiation of repayment of income taxes over a specified time period
- Many other services and 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 that 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.
For further information regarding our services we recommend you review our Additional Services, the Tax Planning Brochure, or browse through the many articles that Joe has written in the Resource Library.
Need Income Tax & Business Help?
Ever wonder if your current accountant is doing everything they should to maximize your profit and reduce your tax? Are you looking for a Chartered Accountant for your company? We’d like the opportunity to discuss your particular situation.
Our team of tax experts are skilled at handling all forms of challenges that businesses face – large or small – whether it’s bookkeeping needs or complex tax issues. We’ll not only assist you with your current requirements but also provide recommendations and guidance for continued growth.
It is your opportunity to hear what we can do for you. How we can save you money. We can evaluate, together, how your current business plan will take you in the right direction to achieve your goals. It’s your opportunity to discover how we can provide ‘Big Firm Advice at a price you can afford’.