The Case of a Change in Employment Status
A lawyer was promoted to Partner and his professional income was no longer being reported via a T4-slip. As a result the tax return seemed too complicated for him to complete on his own. Could Scarrow Yurman & Co help?
Scarrow Yurman & Co walked the lawyer through the implications of his new status. Since his law firm operates out of several provinces, two tax returns needed to be filed: a multijurisdictional federal tax return and a separate Quebec tax return. As well, the lawyer was entitled to claim eligible business expenses and an HST rebate.
Now our client realizes the value in using a CA firm to prepare his annual tax return and continues to use us every year.