Imagine having access to a professional accountant in Toronto at the click of a button, from your desktop, mobile, or other smart devices, anywhere in the world. That is the power of cloud accounting services!
Filing Tax accountants in Toronto are experts in leveraging cloud accounting to streamline accounting processes, automate tasks, simplify compliance, and deliver insightful financial reporting to business owners. Our professional accountants in Toronto take pride in being a help for many Canadian businesses. Our cloud-accounting services assists businesses to achieve greater efficiencies and productivity, save time, and gain real-time visibility, and the ability to share and analyze data and metrics to make the best business decisions.
Our Range Of Personal Tax Return Services
No matter how simple or complex your tax situation is, we are ready to handle it! We know that many business and personal taxes are intertwined, and our personal tax services in Toronto and Mississauga offer the integration of both services to help further drive efficiencies. Our comprehensive range of services includes:
Who Must File A Personal Income Tax Return(T1) In Canada?
Your tax filing requirements usually depend on three things: your filing status; your gross income; your age.
Even if you have no income, you should still file your taxes before you turn 19. You may be able to access tax credits and benefits, like sales tax credits or childcare support.
The deadline to file personal income taxes is April 30 and even though self-employed Canadians don’t need to file until June 15, if you owe the Canadian Revenue Agency (CRA, formerly known as Revenue Canada) any money, it must be paid no later than April 30 to avoid any penalties.
The accounting industry is currently embarking on a new wave of growth and innovation: Cloud Technology. Our accountants in Toronto are ambitious to work smarter and grow quicker with intelligent accounting. Using top-of-the-range cloud technology, we can provide clients with a secure online login to manage their accounts remotely.
Bookkeeping & Accounting services:
Financial Statements & Reports
Business Tax Compliance includes but is not limited to:
Business Advisory services concerning:
Support & Training
Whether you do the business bookkeeping & accounting yourself, or you have some questions about our cloud-accounting services – call us, connect with us online from anywhere in Canada. Irrespective of your business location our accountants in Toronto are here to support your accounting & tax needs through their cloud accounting expertise.
We Make Tax Filing Easy – Just Follow Our Guidelines
If you’re dreading the looming tax season, welcome to Filing Taxes, dedicated to providing you with the best personal tax filing service in Canada including Toronto and Mississauga primarily. We offer our expertise to assist you in making the personal tax filing process as smooth as possible. To ensure you get high-quality services we have a defined procedure:
New clients will need to complete our intake forms and established clientele can complete an update form to ensure all necessary tax details are up to date.
We have compiled the checklist so that you can compile the information needed for your personal income tax return preparation. Using our checklist will ensure your income tax return is completed faster and with fewer inquiries and follow-up calls. Next, you can provide your information.
Once you provide your documents, you'll receive a thank you email from our administrative assistant letting you know that your info has been received and your tax return is underway.
Your provided information for your personal tax return will be reviewed by one of our experienced tax accountants or by a Professional Accountant depending on its complexity. They'll review all of the information you've been providing and see if gaps still exist and if there are any tax planning options or audit risks that need to be assessed.
Emails, phone calls, and inquiries can all be expected. Your dedicated income tax accountant will contact you for more information. This is us reviewing your tax documents, looking for additional write-offs, and analyzing your tax risks. This step is crucial to ensure your personal income tax return is completed accurately.
If no further information is needed a Professional Accountant will email you with a draft summary of your personal income tax return and send you a list of recommendations. This ensures your information is accurate based on the information you provided.
If you are happy with your personal income tax return, you'll sign your e-signature package pay your invoice, and have your income tax return e-filed. Once signed and paid we'll e-file your personal income tax return immediately.
It appears to be an exhausting process and a lot to keep track of! But do not worry; all you have to do is keep an eye on your email. Our expert personal tax accountants take care of the process and guide you through each step. We have a documented and organized workflow that will keep you (and us) on track.
Why Hire a Professional Accountant for Personal Tax Filing in Canada?
Wading through tax records and filling out your personal tax return is a daunting task – one that can be frustrating and eat up more hours that you must devote to it.
Many individuals often miss out on valid deductions or make incorrect claims, leading to unfavorable financial outcomes. Canadian tax laws can be intricate and multifaceted, making it challenging for many to fully grasp their tax duties.
Anyone can file an individual tax return, but it takes a professional to make sure you gain back everything you’re owed.
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