Our Services

Canadian Tax

Personal Tax Services


All of our clients are important to us. Whether your personal tax situation is basic or complex, we will help you meet your relevant filing deadline or deal with any years in which you may not have filed.


We don't just prepare your return - we will aim to raise ideas that arise for tax savings opportunities to help you minimize the tax you pay. We will also aim to provide you with tax planning ideas to help reduce your future tax liabilities.


Personal Tax for Business Owners and Partners


If you own an unincorporated business or are a member of a partnership, you have additional areas to deal with on your personal tax return. To your benefit, you have until June 15 to file your personal tax return. However, you must pay the tax you owe by April 30. As a partnership, you may be required to file a separate return by March 31. We can help you understand the filing requirements for your partnership, including when and if you should file a partnership return.


As a business owner or partner, you may also be entitled to additional deductions that you may not be aware of. We can assist you with gathering the information you need to get the deductions you deserve. We can also review your GST and RST filing requirements to make sure you are meeting your compliance and remittance obligations. We can help you determine when and if you should incorporate your business.


Professional Practices


Doctors, dentists, lawyers, chartered accountants and other specified professionals are now able to incorporate in Ontario. What this means is that you could benefit from low corporate tax rates and take advantage of tax incentives that are only available to corporations. We can help you understand the costs and benefits of incorporating your professional practice and determine if this is the right strategy for you. We can also suggest ways to structure your existing practice to minimize your overall tax burden.


Research & Development Tax Credits


The federal and provincial governments provide generous tax credits for business that invest in Scientific Research and Experimental Development (SR&ED) activities in Canada.  We can help your organization identify opportunities to claim these tax savings as well as assist with the filing of your claim. 


Personal Tax for Shareholders


If you own an incorporated business, your personal tax situation can be much more complex, and is closely linked to your corporate tax strategy. Our goal is to minimize the total tax you pay by understanding the link between your corporate and personal tax. We can provide effective strategies to help you achieve this objective.


Tax Planning Strategies


We can help you plan for your future by using tax-planning strategies to minimize your current and future taxes. We can help you understand the intricacies and benefits of using various tax strategies.


 

 

 
Canadian Personal Tax Services