Personal Tax Return for Individual Taxpayers including Self-Employed Individuals in Toronto & Scarborough
Individual taxpayers required to file their income tax return for a year by April 30th of the following year. If a taxpayer or his/her spouse is self-employed (as a sole proprietor business) timeline for filing tax returns for them is extended to June 15th of the following year; however, they have to pay any tax owing to CRA by April 30th. Penalty and interest could be heavy if tax returns not filed within the deadline. Our tax professionals are equipped with the latest tax rules and changes and be able to prepare your tax return using an error-free software on time and accurately.
Services we provide:
- T1 Income Tax and Benefit Return:
- having income from:
- Employment
- Business
- Profession
- Commission
- Pension
- Rental
- Investment (dividends, capital gains)
- Foreign income
- All Other Incomes
- having deductions and credits for expenses and contributions:
- Capital losses
- Non-capital losses
- Business investment losses
- Employment expenses
- Moving expenses
- Child care expenses
- Medical expenses
- Interest paid on student loans
- Carrying charges and interest
- Tuition, education and textbook amounts
- Teacher’s school supplies
- Membership Dues
- RRSP contributions
- Charitable donations
- All Other Expenses and Credits
- having income from:
- Preparation of Business Income Statement
- Tax Planning and Minimization
- GST/HST Returns
- Uber / Lyft Tax Return
- Deceased Tax Return
- Final Tax Return
- T4s Summary
- CRA Correspondence
- Bookkeeping (Online, Offline, Remote)
- GST/HST Reporting Method Election
- Registering for CRA Program Accounts
- Incorporating and Business Registration
We prepare tax returns, but are not limited to, the following taxpayers:
- Employed individuals
- Self-employed individuals
- Students
- Seniors
- New immigrants
- Teachers | Professors | Educators
- Doctors | Dentists | Chiropractors | Optometrists | Other Health Professionals
- Lawyers | Paralegals | Immigration Consultants | Other Legal Professionals
- Real Estate / Mortgage / Insurance / Sales Agents | Other Sales Professionals
- Caregivers | Home Daycare Centres | Early Childhood Educators
- Barbers | Hairdressers | Beauticians | aesthetics
- Taxi / Limousine / Uber / Truck Drivers
- Tradespersons | Firefighters
Benefits of our services:
- Opportunity to review your tax return with us and ask questions, if any before filing to CRA
- Stay free from anxiety for timely submission of tax returns, avoiding late filing penalty and interest
- Online communication saves you money and time during tax time
- Flexible and cost-effective means of getting taxes done at an affordable fee
- Enjoy peace of mind at all time by relying on our Professional Tax Return Filers in Toronto
Why Choose Us?
- Experienced and dedicated professionals to answer your questions promptly throughout the year
- Calculate maximum refund or/and minimum taxes
- Prepare accurate tax returns and file them on time
- Advise you appropriate tax planning and minimization strategies, where applicable
- Use dependable, error-free and updated software for taxes
- Provide year-round services, maintain confidentiality, quality and professionalism
We are a cloud accounting firm based in Toronto, Ontario, Canada. Our major service areas are Greater Toronto Area (GTA) including cities such as Toronto, Scarborough, Markham, Vaughn, Richmond Hill, Mississauga, Brampton, Milton, Oakville, Burlington, Hamilton, Pickering, Ajax, Whitby, Oshawa, Bowmanville.
Our Tax Professionals have expertise in preparing and filing your Personal and Self-Employed Business Tax Returns. We use error-free, updated tax preparation software. We calculate maximum tax refund or minimum tax owing. Our Tax Filers in Toronto are equipped with updated knowledge in tax and software to prepare[nbsp_tc]tax returns.
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