TAX

IN CANADA, IT IS VITAL TO MAKE SURE YOUR CORPORATE AND PERSONAL FINANCIAL MATTERS ARE MANAGED IN A WAY THAT IS BOTH COMPLIANT WITH THE LAW AND TAX EFFICIENT.

CORPORATE TAX

Our comprehensive corporate tax services include:

CRA Registration:

Assist businesses with registering for a Business Number and relevant tax accounts with the Canada Revenue Agency (CRA). Do it right the first time!

Financial Statement Preparation:

Assist in the preparation of financial statements to support tax filings.

Compliance:

Ensure timely and accurate filing of corporate tax returns (T2) and other required forms.

Ongoing Support:

Provide year-round consultation to meet your ultimate tax obligations while optimizing your financial positions.

You can find more information about corporation income tax here https://www.canada.ca/en/services/taxes/income-tax/corporation-income-tax.html

PERSONAL TAX

Tax Planning

With experience and knowledge of available tax benefits and Government programs, we create strategies to optimize your tax and financial situation. This should be done before you file your personal tax return.

Personal Tax Return

To prepare and file your personal tax, we need some financial documents and relevant information from you. Please contact us HERE to provide you with a checklist of all documents that you will need for filing your tax return. It is important that you carefully check that you have included all required documents, so that we can prepare and file your personal tax on-time and accurately. Please ensure that you provide us with all the relevant information by or before April 19.

Deadline for Filing Your Personal Tax

For most individuals, the deadline set by Canada Revenue Agency (CRA) for filing personal taxes is  April 30th. Failing to file personal taxes by the specified date will result in penalties and interest on the amount owing. Individuals that are self-employed and their spouse/common-law partners are the only exception to this deadline. These individuals will have to file their taxes by June 15th.

You can find important dates and income tax rates for Individuals here.

Important dates for Individuals

Canadian income tax rates for Individuals