Tax Controversy &
Audit Representation

Representing clients and helping to navigate the tricky & stressful waters of tax audits and other tax disputes

Tax Controversy img 1

Helping You Through the Uncertainty of Tax Audits & Tax Controversy

Nobody wants to find themselves on the receiving end of a tax audit, nor embroiled in other tax controversy such as disputes over past due tax liabilities, tax payment schedules and the like. Given the stress and uncertainty that are commonly associated with tax audits & tax controversy, why not help yourself through this challenging time by hiring an experienced firm of chartered professional accountants? At Smith & West, we are an Ottawa-based tax accounting team serving all of Ontario with the experience & know-how to guide you through a tax audit or tax controversy.

When you hire us to represent you, you’re getting an experienced group of tax accountants who are well versed with Canadian tax code and CRA procedure. We are committed to working with our clientele through the most challenging of tax situations, and we are dedicated to helping you make it through to the other side.

Why Your Business Needs a Tax Accountant in Ottawa

Accounting is a crucial business function when beginning a small firm. It gives business owners the clearest insight into the performance of their operations. Additionally, for tax and regulatory reasons, entrepreneurs must maintain a wealth of records of their businesses.

  • Forecast Business Outlook

Entrepreneurs typically draft a business strategy that contains financial reports, an economic outlook, and projected expenditures. Lenders and investors rely largely on this accounting information to make sure that the business owner has a clear understanding of the expected financial results.

  • Plan Budget

Making a budget is a crucial accounting task when beginning a business. Budgets lay out the costs associated with various business activities. Businesses may set aside money for recruiting staff, marketing plans, stock purchases, and other forms of business expenses. Entrepreneurs can save money by adhering to a budget and avoiding spending it on non-essential business expenditures.

  • Determine Revenue and Profits

Most often, a business will gauge its profitability through accounting. Businesses must determine how effectively they are employing their resources to produce services as well as how the cost of their inventory compares to their profit margin.

  • Gain Insight

Businesses may seek guidance from a certified public accountant. They offer a wealth of education, expertise, or skill when assisting entrepreneurs in arranging their business accounting processes. Business owners may also want expert advice when submitting tax returns and making sure all business-related expenses are covered at year’s end.

Our Business Advisory Services in Ottawa, Canada

Thanks to a wealth of extensive experience working with companies of all sizes and stages of growth, our business advisory & consulting experts can advise you on issues such as:

  • Management

Our business advisory and consulting experts can offer invaluable insights into effective management strategies. We will provide an in-depth analysis to guide decision-making and realize your business’ fullest potential.

  • Corporate Finance

We aim to create value for your business every chance we get. We can provide you with tailored advice on your financial planning, budget decision, and acquisitions and investment strategies to ensure your financial health and growth.

  • Benefit Plans

Crafting competitive and attractive benefit plans is important for attracting and retaining top talent. Our advisory team can help you design and implement benefit plans that meet the needs of your employees while still aligning with your company’s goals and values.

  • Outsourcing

Outsourcing can be a strategic move to improve efficiency and reduce costs. Our business advisors can guide you through the process, helping you identify the right outsourcing opportunities and manage vendor relationships effectively.

  • Pricing

The right pricing strategy determines profitability. Our consultants study your market and competitors to create a pricing plan that maximizes your revenue while simultaneously delivering exceptional value to your customer base.

  • Grants, Bursaries & Fundraising

Accessing grants and fundraising opportunities can provide vital financial support for your business or projects. We have a proven track record of assisting clients in securing grants, bursaries, and raising funds to fuel growth and innovation.

Contact us today to find out how engaging the business consulting and advisory services of Smith & West could be one of the best business decisions you’ve ever made.

Working with You to Achieve Successful Outcomes in Audits & Other Tax Matters

Whether you find yourself facing a tax audit or another type of tax controversy (late payments, penalties, tax liens, levies, past due liability, documentation & more), what would make matters worse would be to go it alone. Instead, you’re much better off being armed with the right knowledge and experience to achieve a successful outcome. That’s why it behooves you to hire representation, especially in the form of a team of tax pros at a chartered professional accountant firm such as Smith & West. We’ll be there every step of the way, working hard to mitigate your tax liability and lower the tax burden you face.

Our clientele relies on the experience we’ve accumulated in communicating and negotiating with Canada Revenue Agency (CRA) to achieve successful results. Talk to Smith & West today about how we can help with your tax audit or tax controversy matters.

Tax Controversy img 2

Dedicated Chartered Professional Accountants & Business Advisors