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Rotfleisch & Samulovitch P.C. - Toronto Tax Lawyers

Rotfleisch & Samulovitch P.C. - Toronto Tax Lawyers

Name: Rotfleisch & Samulovitch P.C. - Toronto Tax Lawyers
Address: Toronto, CA
Telephone: +14163674222
Rating: 4.7471

87 reviews

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+14163674222

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2822 Danforth Ave, Toronto, ON M4C 1M1, Canada Get Directions

tax attorney TOP Tax Attorneys in Canada TOP Tax Attorneys in Ontario

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ABOUT Services Excellence Summary

Each year, the CRA conducts over 350,000 tax review and audit activities. The CRA typically audits about 15,000 cash-only businesses, which total to about 7.5 million in Canada, a subset of the estimated 30 per cent of the Canadian economy that is underground [this is entirely speculative]. They also perform roughly 35,000 tax shelter audits. If you refuse to file your Canadian tax returns or the CRA suspects you did not report all your income, they will issue an assessment of your net worth. They take two financial snapshots at different times in the audit: the beginning and ending. Add these up with your income and expenses to determine the opening financials and subtract any loans. If the net amount exceeds your net worth, you may be charged tax, penalty, and interest. You need to know the accounting and proper exclusions of closing and opening balances for net worth calculations. Our firm has successfully challenged these assessments.

SUMMARY Reviews Summary

The reviews highlight clients' high level of satisfaction with the professional service provided by Kevin, who patiently explained complex tax matters and expedited the process. Kevin was described as approachable and an outstanding attorney. Most reviews noted that Kevin was able to propose effective tax strategies and genuine care about his clients' financial position. Taxpayers also appreciate Kevin's promptness in replying to their messages and his willingness to offer support. Despite tax season stress, they felt that Edwin Editor greatly listened to them and cared about achieving the outcomes they proposed. Positive word-of-mouth recommendations and regular consultations were encouraged in this context.

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