Qualified Employees
Our team consists of qualified and experienced accountants.
Free Consultations
Our acquaintance with a client always begins with a free consultation to find out possible solutions to their problems.
100% Guaranteed
All results that you get from us are 100% guaranteed to bring you to a whole new level of profitability and financial success.
Personal Tax Returns
In April, most individuals look for a tax accountant. We have assisted in filing thousands of personal income tax returns for Canadians and has gained extensive experience in completing personal tax returns. If you retain us to act as for you, we will help you identify the tax slips required to file your tax return.
If you had incomes in 2020, you may have received statements commonly referred to as T-slips. The following is a list of slips used on a personal income tax return:
1. T3 (Statement of Trust Income Allocation and Designations)
2. T4 (Statement of Remuneration Paid)
3. T4E (employment insurance)
4. T5 (Statement of Investment IncomeT4A)
5. T4A (Statement of Pension, Retirement, Annuity, and Other Income)
6. T4A(OAS) (Statement of Old Age Security)
7. T4A(P) (Statement of Canada Pension Plan Benefits)
8. T4RIF (Statement of Income from a Registered Retirement Income Fund)
9. T4RSP (Statement of RRSP Income)
10. T5008 (Statement of Security Transactions)
The Canada Revenue Agency also provides tax credits to individuals based on their tax situations, commonly known as Non-Refundable Tax Credits. The following is a list of credits that may be found in your tax return:
Spousal Exemption,
Eligible Dependent Amount,
Disability Amounts,
Adoption Expenses,
Tuition, Fees and Education Amounts,
Interest Paid on Student Loans,
Medical Expenses and
Caregiver Amount.
We will also ensure that your tax return is filed promptly. The filing deadline for a self-employed Canadian is June 30, 2021. The taxpayers other than the self-employed are required to file their tax return by April 30, 2021. Whether you are employed or self-employed, you will have to pay taxes by April 30, 2021. Otherwise, interests will accrue. Regardless of how you submit your tax return, you must keep all your tax documents for at least six years. If you claimed expenses, deductions or tax credits, make sure you keep all your receipts and any related documents in case the CRA asks to see them. We have an office at Yonge and Sheppard that you can visit. Alternatively, you can also contact us via email at [email protected] or by phone at 647-724-4272.
Client Benefits
CUSTOMER SERVICE GUARANTEE
When you retain a Chartered Professional Accountant, you expect them not only to provide tax and accounting expertise but also to get your questions answered promptly. We guarantee that all enquiries will be responded to in a clear and friendly manner - without delay.
VALUABLE EXPERIENCE
We have over a decade of tax and accounting experience in our firm, across various industries. As our valued client, you will have the opportunity to leverage all of our knowledge and expertise to suit your needs.
ALWAYS ON TIME
We all know that deadlines are critical for your CRA filings. We also know that penalties and interest can be quite substantial when deadlines are missed. Therefore, we guarantee that we always deliver our tax services on-time while maintaining the quality of service.
Services
Corporate Tax
We offer corporate tax return (T2) preparation, using innovative tax planning to ensure taxes are minimized for our corporate tax clients.
Financial Statements
We understand that you need more than financial statements and tax preparation service to operate your business. You will enjoy the benefit of access to financial advisory services.
Personal Tax
We can provide individual tax return (T1) preparation services for employment, self-employment, and investment incomes
Buying & Selling
We provide estate planning services to guide you and your family through the process. We will provide a plan that accomodate your needs and ensure that the value of the estate is maximized.
Incorporation
Incorporating your business can help lower your taxes benefits and protect you and your family assets. We can provide expert advice on all related matters.
SR&ED
The Canadian government offers a tax incentive program to companies who advance technologies, known as Scientific Research and Experimental Development program.
U.S. Tax
Whether you are living, working, or investing on either side of the border, we can assist you to understand your tax obligations and devise a plan that saves your hard earned dollars.
Estate Tax
We will prepare your trust tax returns and help devise a plan that works for you.
Industry
Doctors
We strive to provide our clients with the highest level of service to meet their tax needs. Whether you are a sole proprietor, a member of a partnership or have an existing Professional Corporation, we can help you understand your tax obligations.
Small Businessess
Small business services are our specialty. We understand that the needs of each business owner are different and we provide tailored services accordingly.
Startups
As a startup founder, it may feel like you have the entire world on your shoulders. We can guide you from managing day to day operations, to planning on your long-term strategy.
Consultants
Many consultants and service providers go independent for tax savings. We will help you understand from writing off all their expenses, to living the good life.
