Many Canadians are either behind on their income tax returns or have made mistakes on past returns, making them vulnerable to civil penalties and prosecution.
New York, New York (PRWEB) December 21, 2012
In a recent examination of accounting firms in the Toronto area, Business Review has determined that Mark Feldstein and Associates offer the fastest and most comprehensive negotiations for voluntary disclosure. Many Canadians are either behind on their income tax returns or have made mistakes on past returns, making them vulnerable to civil penalties and prosecution. However, if these Canadians volunteer to disclose and mend their inconsistencies and errors in their past tax returns, penalties and criminal prosecution are waved. Mark Feldstein and Associates quickly negotiate voluntary disclosures for their clients who wish to participate and carefully guide them through the process, saving them from the strenuous and financially paralyzing penalties of the CCRA.
Business Review has discovered that it is Mark Feldstein’s three decades of experience in public accounting, specializing in tax audits and voluntary disclosures, which makes Feldstein and Associates the premier tax accountants for voluntary disclosures. Their passion to keep Canadians from being prosecuted is what fuels their productivity. Due to his long history with voluntary disclosures, Feldstein can get his clients tax amnesty quickly and efficiently, without stress and worry. Participating in this fairness program is a preemptive and logical step towards future security. If the CCRA decides to investigate a citizen with back taxes or errors in previous tax returns before that citizen decides to file for voluntary disclosure, it is already too late and they lose the opportunity to only pay what they originally owed.
By filing for voluntary disclosure with Mark Feldstein and Associates, a client must pay exactly what they owed to the government, plus any interest that has accumulated. However, Mark Feldstein will try to take advantage of policies that wave the interest on these back taxes, so his clients can save money. If anonymity is required, this firm also files no-name policy voluntary disclosures so that their clients’ information is confidential. Business Review also took this devotion to their customers in consideration when determining the best accounting firm for this common situation.
If someone has failed to report their income, inaccurately reported their income, failed to file tax returns, earned income off-shore or from criminal activity, falsified expense claims, or not remitted source deductions, then filing for voluntary disclosure with Mark Feldstein and Associates will save them from paying hefty penalties, facing criminal prosecution, and paying tax lawyers’ high fees.
Business Review was founded in 2006 to provide people with quality information and an objective perspective on a wide variety of businesses. Business Review believes that the greatest businesses should get the proper recognition and exposure. Therefore, they investigate a wide range of companies and businesses to locate the leaders in each field and share their results.