Find answers to common questions about our services
Generally, you may need T4, T4A, T5, T3, RRSP and FHSA receipts, donation and medical receipts, and other documents related to your income and deductions. We'll provide you with a detailed checklist tailored to your situation.
Yes. We help self-employed individuals report business income and expenses, including home office, vehicle, and other eligible deductions using Form T2125. We can also assist with GST/HST registration and filing when applicable.
A sole proprietorship reports business income on your personal T1 tax return, while a corporation is a separate legal entity that files its own T2 Corporation Income Tax Return. We can help you understand the tax implications of each structure and choose the option that best fits your situation.
Tax-saving strategies depend on your situation and may include RRSP contributions, eligible deductions and tax credits, medical expenses, charitable donations, and business expense planning. For corporations, strategies may include salary and dividend planning and available corporate deductions and credits. We'll review your situation and recommend legitimate, tax-efficient strategies to help reduce your tax payable.
Tax planning should be an ongoing process throughout the year. We recommend contacting us well before the tax filing deadline to ensure we have adequate time for preparation. For businesses, regular planning throughout the year helps identify deductions and strategies early.
While simple returns can be filed independently, professional tax preparation ensures you don't miss deductions, credits, or compliance requirements. Complex situations—business income, investments, multiple income sources—especially benefit from professional guidance.
We can prepare amended returns to correct previous filings. If you've missed deductions or need to report additional income, we'll guide you through the process and help you get current with CRA.
Yes. We can help determine if you need to register for GST/HST, manage your filing requirements, track input tax credits, and ensure compliance with CRA regulations.
Our fees vary based on the complexity of your return and services required. Personal returns and corporate returns are priced differently. Contact us for a consultation—we're happy to discuss pricing and there are no hidden fees.
We can help you file back taxes. While this requires more documentation and effort, it's important to get current with CRA to avoid penalties and interest. We'll work with you to gather necessary records and file the required returns.