Canada-Wide Specialized Tax & Professional Services
Canada-Wide Specialized Tax & Professional Services
Our Services
TaxWatch Canada specializes in numerous situation- based tax services for individual and small business clients.
We offer optimized results for an affordable price.
About Us
TaxWatch Canada's consultants, accountants, tax specialists and available legal representatives were brought together to assist Canadians in challenging tax situations that demands specialized expertise, experience and knowledge.
Our knowledge of Canada Revenue Agency (CRA) procedures and policies and our contacts within CRA allows us to offer services based not only on what has worked in the past, but on carefully considered and efficient customized actions.
We watch out for you. We help our clients succeed or overcome obstacles in the most realistic and effective extent possible.
The Advantage
Our advantage (your advantage) is our experience with thousands of tax and business situations and our assistance that provides a step by step approach. Step by step is important because you need only commit resources and costs as each issue is addressed or the process evolves (e.g. facts are reviewed and options provided first). Although each situation is unique, in many instances we know how CRA is likely to perceive and react to your situation. That is why we always engage CRA quite amicably (but directly) and seek to work, as the process evolves, with the specific CRA official assigned to your file.
Consider TaxWatch as a first responder on the scene, taking control of the situation for you.
Meet the Founder
Ken Lagasse is a senior tax specialist and founder at TaxWatch Canada.
With over 45 years experience, Ken has been involved with many client and personal business, tax and financial situations and has a sense of what is likely to be the best approach to take.
Ken and TaxWatch Canada’s priority is assisting clients by offering a down to earth, positive and explanatory style of professional practice.
All impediments can be reduced with a step by step approach and a plan.
That is part of the TaxWatch Canada advantage.
Experience dictates we respond quickly and effectively to assessments, questionnaires, correspondence, demands and inquiries from CRA. You have to steer the process in the direction best suited to the most favourable outcome for you. That means timing considerations, credibility (keeping commitments), filing positions (varied), and detailed, supported, compelling arguments must always be foremost. In any situation, you must seek the advantage and take the actions that have the best possibility of providing the best outcomes.
Testimonials
We help our clients succeed or overcome obstacles in the most realistic and effective extent possible.
Don't just take our word for it. See what others have to say..
TaxWatch has created several publications; venture into real-world tax, business and financial know-how:
Ken’s Comments:
CRA Does Not Like To Be Ignored
True Story
A Canadian corporation had sales over 1.5 million for one recent year but is now inactive. Trigger was pulled by CRA; this sales level automatically required the corporation to file GST quarterly (rather than annually). CRA sent notice of this requirement mid-year. Next, 4 days later, CRA issued high notional (estimated) assessments for GST for the first two quarters. Just like that.
CRA does not like to be ignored. Hence the estimated assessments that are guaranteed to get your attention. Any notices or correspondence from CRA must be carefully reviewed. Hint: it’s serious if the wording contains “Requirement”, “Demand”, “Enforcement” and/or “Discrepancy”.
Be sure you understand what CRA wants and the purpose of the document. Many times it means you have to take action (or its clobbering time). The exasperation is the tax system; it’s becoming even more impatient and intolerant (lacking resources and accountability).
Frustration must be overcome when trying to call CRA; talking to an agent is vital.
Obtain time extensions. Clarify what is expected. Make sense of it all. Get your response right.
Make sure you keep your address up to date with all institutions (especially CRA); missed mail is no excuse.
Register with CRA online, monitor your CRA online account like it was a bank account, it actually sort of is.
See previous comments here.