Services

Tax Preparation

We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include, but are not limited to:

  • Return preparation for
    • Individuals
    • Corporations
    • Tax effects of buying/selling a business
    • Tax effective retirement and estate planning

With years of tax return preparation experience, we welcome the opportunity to assist you with the preparation of your returns.

T1 Returns include:

  • Residents of Canada for part or all of the year
  • Individuals receiving income from employment, investments and private or government pensions
  • Children who earn money through babysitting, paper routes, etc
  • Terminal returns for individuals deceased during the year
  • With years of tax return preparation experience, we welcome the opportunity to assist you with the preparation of your Personal (T1) returns.Optional returns for deceased individuals (based on the facts in each situation)

We are proficient in providing the following services relating to your tax filing:

During Tax Season

  • Gathering of slips and documentation and an analysis of your personal tax situation to ensure that no claim has been overlooked
  • Preparation of entire family’s returns (including spouse and children)
  • Preparation of your HST return if you are self-employed
  • Optimizing family income splitting
  • Timely filing of elections
  • Electronic filing of returns
  • Preparation of Foreign Income Verification Statement if applicable

After Tax Season

  • Verification of accuracy of Notice of Assessments
  • Preparation of adjustments to previous years’ filings as required
  • Handling of correspondence with CRA in the event of an e-file audit or pre-assessment review
  • Communicating with CRA on a variety of issues requiring immediate attention
  • Paying instalments for clients who are out of the country
  • Ongoing discussions with clients regarding tax planning strategies that may present themselves throughout the year

T2 Corporation Tax

The T2 Corporation Income Tax Return or T2 is the form used by corporations to file their income tax return. All corporations other than registered charities must file a T2 return for every taxation year, regardless of whether a tax is payable.

Contact us today by email or call us at 519-229-6320 to arrange an initial meeting to discuss how we might best help you and your business.