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TAS Is Your Problem Solver
We are your advocates when dealing with Canadian government agencies.
For decades we have been solving CRA tax problems with amazing results for Canadians as their professional Tax Representatives. Our clients will tell you that we are much more than just TAX experts, we are your shield when dealing with Government agencies, and we are the warriors you want on your team.
As your representative, we understand and take very seriously our fiduciary duty to look after your best interests. Our goal is to save you many more dollars than our fees. The initial consultation is free and if we don’t firmly believe that we can fix your problem, we won’t take your money.
We are audit warriors.
COMPLEX
AUDITS
Net worth Assessments, Corporate, GST/HST, Payroll, Foreign Property. Our team’s highly developed problem-solving ability breaks down the issues.
LIABILITY ASSESSMENTS
Director’s Liability, Trust Accounts, Transfer of Property. We are experts in the nuances of technical compound assessments.
CRA REVIEW PROGRAMS
Non-filers, claim reviews, matching programs, RRSP, TFSA. We manage all CRA program reviews. If you have a CRA problem, we can help you.
Problems We Solve!
Tax Audit
There are ten stages to tax audits:
Stage 1. Worrying that you may be audited.
Stage 2. Getting a notice of Audit.
Stage 3. The audit interview.
Stage 4. The actual audit.
Stage 5. The proposal letter.
Stage 6. The reassessment.
Stage 7. The notice of Objection.
Stage 8. Settlement conference.
Stage 9. Tax Court.
Stage 10. The appeal.
It is always better to be prepared for an audit before it happens.
Tax Debt
Audits create Tax Debt that is either payable or not. It is best to get help before the audit. If you have received CRA reassessment and the debt is large it needs to be handled within strict time frames.
The assessments are often very wrong. In order to determine a course of action, there needs to be a best-case, worse-case assessment.
If the best-case scenario is manageable then we need to look at every way possible to reduce the amount owing and reduce the chance of the worst-case scenario
happening.
If the best-case scenario is not doable then we need to consider risk assessment, asset management, and a planned representation of the situation Insolvency forms and accounting to a licensed Trustee.
We are experts at reducing tax debt and dealing with CRA.
Tax Collection
There is not anything more stressful than to have CRA knocking on your door, freezing your bank accounts, having a lien put on your home, registering a federal debt in your name, garnishing your wage and/or sending requirements to pay to your clients and banks.
If CRA is after you the worst thing to do is nothing. The sooner the matter is dealt with the sooner it ends and the less damage there is that can be done. TAS can dramatically improve most if not all collection problems.
We can stop CRA collections and help protect your assets.
Insolvency
It is not just overwhelming Tax Debt that needs to be dealt with but all your financial liabilities.
Due to our decades of experience in dealing with tax debt and having other debts come on for the ride, we realized that there is not just a need for Tax Representatives, but there is a unique role for Insolvency Representatives.
A Trustee (LIT) is an agent of the crown and creditors first, with a serious obligation to manage your estate under the BIA. You are well advised to have a representative who is an agent for you first, when interfacing with stakeholders and fulfilling obligations under the existing framework.
Professional Representation for you in dealing with Creditors, CRA and Trustees.
Offshore Tax
Due to banks world wide sharing information, tax regimes have a long list of people to audit. The question is no longer “Will they audit you?” the question is now “When will they audit you?”
There is serious risk management strategies that only work before CRA comes calling. There are ways to go about this problem that may be much better than doing a Voluntary Disclosure. (VDP)
If you have unreported wealth offshore, we can do risk management.
Self Representation
Sometimes lawyers need help with litigation support, and sometimes people who do not have the funds to hire a lawyer, also need litigation support. Lawyers will tell you there are only three things to worry about:
- Preparation;
- Preparation and;
- Preparation.
If you are prepared to win in court, you can win. Generally speaking, hiring a good tax lawyer-litigator, for tax court is a prudent idea. TAS can help you be prepared for your day in court.
We can stop CRA collections and help protect your assets.
Accounting
When it comes to being prepared for an audit, it is not enough to be able to explain what was done and why it was done, you need to be audit ready.
When you get your brown letter from CRA for all the things that they want to see, and your accounting does not show that information very clearly, then you simply are not audit ready. You will extend the audit period dramatically.
From our perspective the cost of handling a CRA audit is dramatically less if the books and records are truly audit ready.
We can make sure your accounting makes sense and is Audit Ready.
Covid 19
The financial relief funding that the government has given out will all be subject to review after the Covid Crisis is over. There will be desk audits and possible full audits. CRA will be auditing to see if you were really eligible for the government funding.
It is very important that your books clearly show your entitlement. We don’t expect this to be a simple audit and it will be an opportunity for CRA to use this opportunity to see if you qualify for a full audit.
If your books and records clearly demonstrate your eligibility for the funding, you will not likely get a more in-depth audit.
TAS can prepare you for the upcoming government assistance verification audits.
Estate Tax
Estate Tax is a highly complex matter that requires an in depth understanding of estate taxes. There are a lot of risk areas to be concerned about. At the end of the day the estate requires a clearance certificate from CRA. If there is an opportunity for CRA to come in and assess the estate for more taxes, they will certainly do so.
It is always best to look at the tax traps that exist when it comes to estates. Dead people can not fight the CRA, so pre-planning is the best option. However, there are still lots of options right up until applying for a Clearance Certificate.
Anyone, especially the beneficiaries who are dealing with an estate, needs to get high end tax advice.
The matter of estates is fraught with pitfalls. You will save far more in taxes than what it costs for good advice. TAS can definitely help you there.
The matter of estates is fraught with pitfalls. TAS can definitely help you there.
Our Mission
When a client signs a Service Level Agreement, TAS includes written objectives and scope of work. We assign a case manager, gather all information, analyse it and do a risk management assessment. TAS will formulate a plan of action and set out to do whatever it takes to get the job done.
Our Ethics
We practice Holistic Business Management. We look at problems versus symptoms. What we do must be legal, correct for the greater good of all people, socially correct and be in alignment with Spiritual Laws.
We believe in ethical business. All things must be fair, honest and reasonable. We only support helping clients achieve objectives that are truly in their best interests. If a client wants to engage in bad risk management or tactics that are socially wrong and we don’t support the clients objectives, we will decline to accept their business.
What ever we do for clients must be good for them first and then, and only then, it must also be good for our business.