Everyone wants to minimize the taxes they pay.
Corporate tax services
That’s why we typically prepare the corporate tax returns along with a year-end financial statement engagement. We want to be sure that you:
- take advantage of any allowable deductions
- avoid any penalties for late filing
- minimize interest charges from the Canada Revenue Agency (CRA)
- ensure that the taxable income is determined correctly
There are many differences between the accounting income showing on your financial statements and the taxable income on your tax return that affects the taxes owing. We electronically file all corporate tax returns to speed up processing when you are owed a tax refund. We encourage you to take advantage of corporate direct deposit to improve the security surrounding tax refunds.
Personal tax services
Almost all of the shareholders of our corporate clients are personal tax clients too. We also prepare personal tax returns for self-employed professionals in many lines of work, executives with complex tax filing requirements, all client family members, and other individuals who have special tax filing needs.
It is important that we prepare the tax returns for the whole family so that all the available credits and tax incentives can be maximized. If you call us with a question our technology allows us to retrieve information on your tax file easily and immediately—including access to all your tax reporting slips and other supporting documents you sent to us.
When possible, we e-file personal tax returns to speed up your tax refund. We encourage you to have us enroll you for direct deposit so that CRA refund cheques are deposited directly into your bank account. This improves security and provides faster access to the funds!
Advocating for clients with Canada Revenue Agency (CRA)
At some point CRA may come knocking—looking for back-up information to support your personal or corporate tax filing position. This can be a simple request for information or a full-scale audit.
We have the expertise to help you through what many find to be a nerve-wracking experience. You need professionals who have your best interests at heart and who have an in-depth knowledge of the ever-changing tax laws as to what tax rules apply and don’t apply. In the case of a full blown tax audit, careful management of the process is important so that things don’t go “off the rails.” Managing the CRA auditor appropriately is as important as the discussion on detailed tax law.
For 33 years we have advocated strongly on behalf of our clients with CRA—while maintaining a professional reputation with them.