Tax Consultant and Tax Accountant Calgary

At WTC Chartered Professional Accountant, we support individuals and business owners to manage their taxes effectively. Our tax accountant Calgary can do the same for you and optimize your tax situation.

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Our Tax Accountant Services in Calgary

Our tax accountants in Calgary offer a full range of services for individuals and businesses. Our online services are broken down into personal tax services, business tax services and other tax and accounting services. Each one addresses a specific need so individuals and businesses can manage their financial responsibilities easily and efficiently.

Personal Tax Services

Our personal tax services include preparation of personal tax returns to customized tax planning to optimize your financial situation and achieve your goals. Whether you have income from employment, investment income or rental income, our personal tax accountants can help you reduce your taxable income and be tax compliant.

 

We also provide guidance on managing income sources and tax law complexities. By working with our accounting firm, you can feel confident with your personal taxes as we maximize your tax credits and deductions.

Business Tax Services

Our small business accountant provides services beyond just tax return filing. Business taxes include tax planning, corporate tax return and communication with the Canada Revenue Agency. These services keep your business compliant with latest tax regulations.

 

Bookkeeping services are also important for keeping financial records accurate, particularly for small businesses. Our online bookkeeping includes payroll services to simplify the process of paying employees, withholding taxes, and remitting payroll deductions to the CRA.

Other Tax and Accounting Services

Beyond personal and business tax services, our tax accountant and tax consultant also offer other accounting services for individuals and businesses. These include tax consulting, financial statements preparation, GST/HST filing, WSIB or WCB or filing and more. These services ensure all your accounting needs are met.

 

GST/HST compliance is essential for a sole proprietor, as there is a mandatory requirement to register for GST/HST if the revenue exceeds the stipulated threshold. If required, our CRA audit support also helps businesses navigate tax audits, so you can have peace of mind and professional guidance during stressful times.

Benefits of Working with Our Personal Tax Accountant

Working with our personal tax accountant has many benefits. We analyze our clients’ situations in-depth to help them get the most out of tax refunds. We will conduct a thorough review of your financial situation as well and give you personalized advice to maximize your deductions and credits.

 

Our personal tax accountant also gives you peace of mind and saves you time by simplifying the tax process, so you can focus on personal or professional pursuits without the stress of tax season. We give you quick answers to simple questions and are available for detailed discussion on complex questions, to ensure you are compliant, avoid costly mistakes, and help you make informed financial decisions.

 

Additionally, our online tax accountants are committed to providing continuous support throughout the year, not just during tax season. This ongoing relationship ensures you are always prepared for any financial challenges that may arise, and helps you stay on top of any changes in tax laws that could impact your financial situation. Working with us means having a trusted advisor by your side, dedicated to helping you achieve your financial goals.

Maximize Your Tax Refund

Getting the most out of your tax return requires you to identify the deductions and credits you may not know about. Our online tax accountants can uncover opportunities that can give you significant tax savings. Commonly missed deductions are carrying charges, out of pocket charitable contributions and student loan interest.

 

Timing is also everything. For example, prepaying deductible expenses before year-end can increase the deductions for the upcoming tax season. Our professional tax planning helps you take advantage of these opportunities to maximize your refund.

 

Keeping accurate records and documentation are equally important. This not only helps you claim all eligible deductions and credits but also be prepared for a CRA audit. Our tax accountant can guide you on what records to keep and how to keep them organized.

Small Business Tax Challenges

A small business owner faces many tax challenges, from underestimating their tax obligations to failing to report all income. These mistakes can result in substantial penalties and interest, so it’s important for small business owners to work with a qualified small business accountant. Not budgeting enough for tax obligations can put a huge financial strain, and penalties for unreported income can be 10% of the unreported amount on first omission.

 

Our professionals handle complex tax situations involving business income or multiple investment portfolios. Our accounting services like GST/HST compliance and CRA audit support are particularly beneficial for sole proprietors who are navigating their tax obligations. Working with a tax accountant who has experience in your industry can provide you with better tax planning strategies and smoother operations.

 

To overcome these challenges, engage with our small business accountant because we have the relevant experience in your business industry. We understand the unique aspects of the business and can give you customized advice and strategies to achieve the best tax outcome.

What To Look For In A Tax Accountant

Evaluating the right qualities in a tax accountant can make a significant difference in the service you get. Good communication is key to ensure you are informed throughout the process. Having the right qualifications, experience and expertise are important as the accountant can help you understand complex tax laws and make informed decisions.

Professional Certifications

A Chartered Professional Accountant (CPA) designation represents professional qualification and adherence to standards. This designation means the accountant has undergone rigorous training and is committed to maintaining high standards of practice. It also means a wide range of expertise offered in various accounting services.

 

CPAs are required to be updated with tax regulation changes to ensure the accountant can give you the latest and relevant advice to help you navigate the ever changing tax landscape.

Experience and Expertise

An accountant with over a decade of experience can effectively navigate complex tax regulations. Their vast experience enables them to handle challenging tax situations efficiently and provide excellent service. This experience ensures you are getting timely and accurate advice, especially during tax season.

 

Industry specific experience can make an accounting firm more effective. Knowing the industry nuances means the accountant can give you customized advice that suits your needs.

What Our Clients Are Saying About Us

We have some of the best tax consultants and tax accountants in Calgary servicing individuals and small businesses. But don’t just take our word for it, here is what some of our clients have to say:

Maxpeter Alberto
Maxpeter Alberto
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I love the online approach that William and his team implements. It makes the process extremely easy. The deliverables are always on time. The tax advice we got are very helpful and practical. The team is always there whenever we have a question. Excellent work!
Matthew Simpson
Matthew Simpson
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William is very knowledgeable in the e-commerce space. He educated me on the sales tax requirement for selling to different provinces and he also helped the company set up the backend system so that the accounting system, inventory system, Amazon, and Shopify are synchronized. Highly recommended for anyone looking for a modern-day accountant that works well with technology.
Felix O'donnell
Felix O'donnell
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It's been a wonderful experience with William, who has sound knowledge of tax regulations and helped my business set up a structure to minimizes tax. His team is well proficient in handling both bookkeeping and payroll process. I am a satified with their work and highly recommended.
George Hancsak
George Hancsak
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Whenever we have an accounting or a tax question, William was there to answer them. His advice helped us save a tremendous amount of taxes each year. He is also looking after the company’s books and has been keeping us up-to-date on the company’s performance each month. Excellent work!
Joelma Buecking
Joelma Buecking
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William Chong is fantastic. I have had many other accountants in the past, but nobody has done such a great job. Very efficient, knowledgeable, responsive, and his fee is very fair. I highly recommend his company. Thank you William for your outstanding service!
Kelton F
Kelton F
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I am very pleased with and highly recommend the accounting and consulting services WTC has offered. William manages my taxes, financial statements and corporate filings so that I can have peace of mind to concentrate on my other aspects of my business. He also provided me with invaluable, actionable advice on methods to streamline and expand my business.
Kelly McLaughlin
Kelly McLaughlin
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The team at WTC did an amazing job helping my online business set up everything I need. Mohamed and William helped me incorporate my business, set up payroll and did the bookkeeping and year-end tax return. I recommend WTC Chartered Professional Accountant to anyone who needs an accountant to help set up their business.

Looking for a Tax Accountant in Calgary?

We’ve got you covered! Contact us for a consultation. We will go over your situation and give you a free quote during the call.

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Behind on your taxes?

Our back tax filing service makes it easy to get caught up. We can file multiple years of tax returns with the CRA if you are behind.

Behind on your taxes?

Our back tax filing service makes it easy to get caught up. We can file multiple years of tax returns with the CRA if you are behind.

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Frequently Asked Questions

Here’s a list of commonly asked questions about our tax services in Calgary.

A qualified tax accountant is invaluable for small businesses. Tax laws are complicated, and a knowledgeable professional can make a meaningful difference. Accountants with over 10 years of experience know the CRA rules and practices, so you can be assured that your tax filings are compliant with the CRA. A tax accountant can maximize refund with strategic planning and deduction tracking, which individuals often miss when they do taxes themselves.

 

We are a Calgary accounting firm that offers tax, consulting and accounting services to individuals and small businesses. Whether you need help with personal taxes or business tax preparation, we have the expertise to service your accounting needs.

Yes! Our personal tax accountant will review your tax situation and find tax optimization opportunities. We will apply all eligible tax credits and deductions on the tax return to minimize your personal taxes.

Yes! Contact us if you have any questions. We offer complimentary support on all general inquiries related to the tax preparation services we provide to you.

Our fee is based on several factors, such as marital status, residency status, capital gains and losses to report, investments within and outside of Canada, number of properties you owned, sources of income, number of tax slips, etc. Contact us for a quote on our tax preparation.

Everyone is different. We will go over your situation during our initial call and give you a list of tax documents we need to complete your tax return. We make the tax return process easy during tax season so you get the maximum refund.

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