Faris CPA

Today’s income streams are evolving faster than our ability to keep up with tax laws. From viral content creators and online entrepreneurs to business owners and individuals with offshore assets, the way people earn money has changed—yet Canada’s tax system remains rooted in the past. Whether it’s years of unfiled returns, unreported or underreported income in Canada or offshore, or fear of Canada Revenue Agency (CRA) penalties, many individuals don’t recognize the risks until it’s too late.

Amid the storm of audits, penalties, and uncertainty, Faris CPA offers calm, strategic guidance to bring clients back to solid ground.

A trusted consultant in high-stakes tax resolution, president Sam Faris helps clients avoid or manage unexpected audits, mounting interest, legal consequences, and the overwhelming stress that often accompanies CRA disputes. With over two decades of hands-on experience, he delivers practical, judgment-free tax solutions—without the inflated fees of a tax lawyer.

“I’ve worked with a variety of clients—from teenagers who made millions online to professionals with undisclosed offshore assets—all of whom share the same fear of what might happen if they don’t act,” says Faris. “Our goal is to resolve tax issues quickly, without scare tactics, and to avoid further escalation with the CRA, which would be more costly and time-consuming. We offer only honest expertise and a transparent fixed-fee model from day one.”

Faris assists clients—ranging from individuals and owner-managed businesses to large corporations—by helping them avoid expensive legal fees typically charged by tax lawyers. Whether it involves the Voluntary Disclosures Program (VDP), which allows individuals to reduce penalties, or handling reassessments, he gets clients back on track—legally and efficiently.

Consider a recent case: a client hired Faris to correct corporate books that had been mishandled by a previous accountant and to file amended corporate tax returns. During the review, Faris discovered that a substantial amount of personal funds had been withdrawn from the corporation but had not been properly reported on the client’s individual tax returns.

Faris promptly brought the issue to the client’s attention and recommended submitting amended personal tax returns through the VDP before the CRA initiated contact. The client agreed, and Faris swiftly prepared and submitted the necessary documentation.

The CRA accepted the disclosure, granting the client full relief from penalties and partial relief from interest, shielding him from prosecution. This proactive approach resulted in significant financial savings—and peace of mind.

Building on this kind of success, Faris leads the Faris CPA team in identifying circumstances that could disqualify a disclosure from being considered “voluntary,” while ensuring accurate and compliant reporting. No matter the situation, the goal is to maximize the client’s chances of acceptance and minimize tax, interest, and penalty costs—helping them avoid sleepless nights and ongoing uncertainty.

To strengthen its credibility in the competitive tax resolution market, the company has expanded beyond its base of Canadian individuals and businesses facing CRA-related issues. Its online presence is anchored by three key websites: the main Faris CPA site and two specialized sister sites aligned with its core service areas—CRA tax audit assistance and voluntary disclosures.

The strategy is to position Faris as the trusted authority and certified tax accountant in both domains. By extending his years of experience and knowledge across these platforms, the firm reinforces his status as a leading expert in two of the most critical tax challenges clients face today.

What sets Faris apart is not just his in-depth expertise, but his firsthand insight into navigating complex cases—having been through every trench. This gives clients a more personal and reassuring experience during stressful times, going beyond technical guidance.

Where lawyers often charge more due to complex legal procedures and hourly billing—and may refer their clients to accountants who charge additional fees—Faris CPA provides a one-stop shop for fast, affordable tax solutions, resolving issues without unnecessary legal battles or inflated costs.