Our firm specializes in tax accounting.
We are a committed and experienced firm of Chartered Professional Accountants that emphasizes the people side of accounting.
Mark Feldstein & Associates, Chartered Accountants, provide a wide range of professional services to businesses and individuals. Our firm takes great pride in building personal relationships with our clients.
Today's business environment requires aggressive Chartered Professional Accountants to help you cope with tax burdens and financial planning options that are becoming increasingly complex. As a firm specializing in tax accounting, we are well-positioned to assist you with the voluntary disclosure program (sometimes referred to as tax amnesty or tax pardons). Our office is located in Markham, Ontario; however, we routinely provide services to clients throughout Ontario, including all of the Greater Toronto Area (such as Thornhill, Richmond Hill, Vaughan, Woodbridge, Maple, King City, Aurora, Newmarket, Peel, Durham and York Region).
Are You Facing Tax Problems?
Income Over or Understated?
Understated or Overstated Income can be a big problem. We know exactly how to handle the CRA and make sure that you are treated fairly.
Late or Incorrect GST and HST?
Incorrect or late filed GST and HST Returns can get the CRA to notice you very quickly. Make sure you have a talented accountant on your side before it becomes a big problem.
Incorrectly Filed Corporate or Personal Tax Returns? We've corrected thousands. Contact us today to see just how easy it is to get help!
Audit & Appeal?
A tax audit can be an overwhelming experience for many individuals and businesses. Contact us today and achieve peace of mind, knowing that you have our experience on your side.
Avoid civil penalties, fines and jail. Filing voluntary disclosures with the CRA does not require the advocacy of a lawyer. As a tax accounting firm, we know how to disclose properly. Contact us now about your disclosure.
Late filed corporate and personal tax returns can hurt, but with a great accountant on your side, we can prevent or fix any problem the CRA can throw at you.
What we’ve been talking about:
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The penalties for failure to file the verification statement are $25 per day to a maximum of $2,500. The CRA used to be very lenient and did not usually charge the penalty if form T1135 was filed late. However, CRA’s administrative position changed several years ago and there are several cases now which have gone to taxpayer relief and the courts and the results have not been favorable to the taxpayer.