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.
IT IS DANGEROUS TO ASSUME ANYTHING ABOUT THE CANADIAN TAX SYSTEM
Guess what? Tax accountants and CRA officials do not know what is really going within CRA. How can we? Only 5% of the tax issues and disputes go to court and are public information. The rest of the compliance issues, policy treatments, success or failure of disputes and objections, and problems/solutions provided by CRA are held within CRA (a very departmentalized, need to know only organization) or are shared only within tax firms themselves and frankly, these people are really not that forthcoming to others.
It is alarming and dangerous to depend on vacuous assumptions of what tax outcomes will prevail when realistically, if we think about it, we all experience the tax journey with a pitiful lack of information – not to mention purposeful confusion and complexity - about how and why other taxpayers have fared and been able to better mange their tax outcomes - besides just going off road.
You need to utilize free consultations with experienced professionals and be prepared with lots of questions. You will then realize your assumptions are quite frail and will not withstand the violence/benevolence that the tax system can prevail upon you. The more you learn from those who have battle/helpful experience, the more your unwitting assumptions will vanish - to be replaced by reality – which you may not want to know but at least you are back on the road to somewhere.
Written during tax season. Please excuse.
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