Tax Accountant and Tax Consultant Services
Need help with taxes? Our personal tax accountant can help. We prepare tax returns according to the Income Tax Act, and offer strategic tax planning. We specialize in tax optimization for self-employed individuals, business owners, full-time employees, investors, newcomers to Canada, students, seniors, retirees, non-residents, temporary foreign workers, and residents with Canadian work permits.
Maximize Tax Refund
Our tax accountants will analyze and claim all the tax deductions and credits available to you. There is no “one size fits all” approach. We will explore different strategies to reduce your tax liabilities and maximize your tax refund. It starts with understanding your unique tax situation. Our personal tax accountant will ensure the eligible tax deductions and credits are applied correctly on your personal tax return, leading to substantial savings and financial stability.
Avoiding Tax Filing Mistakes
Common tax filing mistakes can result in tax penalties and CRA audits. Our personal tax accountant can help you avoid these errors by ensuring accuracy in your tax filings. Miscalculating taxable income and deductions is a common mistake that tax professionals can help prevent. We will ensure all the necessary documentation for deductions and credits are prepared, submitted, and compliant with CRA.
Get More Tax Benefits
Your personal tax returns must be filed accurately every year to receive certain tax benefits. These include Canada Child Benefit (CCB), GST/HST credit, Old Age Security (OAS), Canada workers benefit (CWB), Canada Carbon Rebate (CCR), and more. Don’t miss out on any tax benefits you are entitled to.
File Taxes on Time
Our goal is to streamline the tax return process and ensure your tax return is filed accurately and on time during tax season. Filing on time eliminates penalties and interest, reduces the chance of being audited, and stays compliant with CRA. For most taxpayers, the annual due date for tax filing and payment is April 30.
Access to Expert Advice
Our Chartered Professional Accountant has years of experience in personal taxes. We can help you make informed financial decisions and reduce future tax liabilities. We will use strategies like timing your income and expenses to optimize tax outcomes, and utilizing tax efficient investments. For small business, our tax accountant will explore different options to reduce your tax burdens such as income splitting, using a holding company, and whether to pay yourself a salary or dividend.
Our tax expert advice can help you achieve substantial savings. We are up-to-date with the latest tax laws, compliant, and take advantage of new tax saving opportunities. We can explain how changes in your income can impact your tax returns and help you plan for the future with confidence.
Our Personal Tax Services Include:
- Prepare and file personal income tax return (T1)
- T2125 sole proprietor business reporting for unincorporated business owners
- GST/HST tax return filing and bookkeeping for self-employed individuals
- T776 rental income reporting
- T1135 foreign property and income reporting
- s.216 rental tax return for non-residents
- T2091 principal residence designation
- Schedule 3 capital gains and loss reporting on investments
- T778 child care expense deductions
- High-net-worth individuals tax planning
- Estate planning
- Review personal income tax notice from Canada Revenue Agency
- New immigrants residency status determination and tax optimization
Our Business Tax Services Include:
- Tax preparation and filing for corporate income tax return (T2)
- Tax preparation and filing for GST/HST return
- T4 information tax return filing
- T5 information tax return filing
- Tax planning (e.g. Salary vs dividend, income splitting, and holding company)
- Corporate restructuring and tax-free rollovers
- CRA representation, tax audit support, tax appeals and dispute resolutions
- Voluntary Disclosure Program application
- Business back tax filings for late and overdue tax returns
- Year-end tax accounting services such as Compilation Engagement Report (formerly Notice to Reader)
What Our Clients Are Saying About Us
Our personal tax accountant delivers some of the best tax accounting services in Canada. But don’t just take our word for it, here is what some of our clients have to say:
Looking for a Tax Accountant?
We’ve got you covered! Contact us for a consultation. Our tax accountant will go over the ins and outs of your personal taxes and give you a free quote during the call.
Behind on Your Tax Filings?
Our back tax filing service makes it easy to get caught up. We can file multiple years of business and personal tax returns all at once, making it a hassle-free process.
Behind on Your Tax Filings?
Our back tax filing service makes it easy to get caught up. We can file multiple years of business and personal tax returns all at once, making it a hassle-free process.
Frequently Asked Questions
Here's a list of commonly asked questions about our tax accountant and tax consultant services.
Yes! Our personal tax accountant will analyze your tax situation during tax season and find tax minimization opportunities. We will apply all eligible tax credits and deductions on the tax return to minimize your personal taxes.
Yes! Don’t hesitate to reach out 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.
Every person is different. We will go over your situation during our initial call and provide you with a customized list of tax documents we need to complete your tax return. We make the tax return process easy during tax season while ensuring you get the biggest tax refund possible.
Make sure to check a tax accountant’s credentials and experience before selecting one to ensure they can handle your tax needs. Ensure the tax accountant is a Chartered Professional Accountant (CPA) and be in good standing with their respective provincial organization, such as CPA Ontario.
By choosing a fully qualified and experienced CPA, you know your tax accountant is up to date with the latest tax laws and accounting practices. This is key to managing complex income tax situations and getting you the best tax service.
You should have an initial call with the tax consultant to get a sense of their approach and expertise. A good tax consultant will understand your financial situation, giver you personalized advice, answer your questions and explain your situation clearly, and make you feel confident in their ability to manage your tax needs.
