TaxWatch Canada LLP specializes in numerous situation- based tax services for individual and small business clients.
We offer optimized results for an affordable price.
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.
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.
Ken Lagasse is a senior tax specialist and founder at TaxWatch Canada LLP.
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.
Tax compliance is a mess of complexity, misunderstanding (what you think may not approach reality) and one-sided timing constraints. Delightful. However, the problem and solution are obvious. It’s called attitude; CRA’s arbitrary, nonchalant, you have to put up with our way of doing things (making enemies of almost everyone) attitude vs. small business attitude of enough is more than enough. As a small business operator - you know about choices. Choose to at least match CRA’s attitude - but take the high road - just don’t trust them because you can bet the farm that they don’t trust you. Please review the publications noted below.
Tax season is over so unfortunately it frees up the mind to dabble in other niceties of life.
You can never ask enough questions. The nature of the response and answers you experience reveal much about the intention of their respondent. Are answers provided willingly? Do they ask you to clarify what you are asking? Are they providing helpful detail (facts) with the extra helping of explanations and support of what they are saying to you? Of course, the answers themselves provide clarity which is the by-product of sanity (hoping you are writing the answers down so you can remind them of what they said to you – this is a perk of the questioning mind).
It is always a good idea to mention the perspective and why you are asking the questions as this motivates the production of more precise answers.
Of course, if it is CRA sometimes the perspective is that they are trying to determine if there is a possibility of catching you in a lie or unwittingly providing facts that they can use against you. CRA does ask a lot of questions but frankly you do not have to answer them because there is a new court case that clearly specifies taxpayers are not required to answer questions from CRA, so they have to find their information elsewhere. I wonder if this pertains to answering questionnaires. Seek professional advice but it is common sense not to provide answers that will be used against you. The trouble is the onus of proof switches to you if CRA takes action against you. I question that.
See previous comments here.