If you’re starting your own business in Canada, you may have to register for a GST/HST account. Part of your duty as a GST/HST registrant is to collect and remit these taxes to the Canada Revenue Agency.
However, filing your GST/HST can be more time-consuming and complicated than filing your income tax. It’s crucial to hire an expert to deal with the requirements to keep your business compliant with Canadian tax law.
The Filing Taxes team of accountants in Toronto has the expertise to meet all your GST and HST returns needs. Our tax accountants in Toronto are ready to help you filter through your GST/HST tax statements and get the returns you are owed.
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.
Our skilled accountants in Toronto offer the following services for business HST filings:
Our expert tax accountants in Toronto can assist you in registering for your HST number if you are a new business or have just crossed the threshold for remitting HST. Some products and services are not subject to HST. Our experts interpret the regulations to prepare accurate HST return forms.
We handle the electronic HST filing for you, so you can avoid the complex paperwork and better spend your time managing your business.
Our HST expert accountants in Toronto make sure that your HST filing is done on time and using the best possible method which can help you save maximum on your taxes.
Not adhering to HST filing deadlines risks incurring significant penalties which can impact your bottom line. Our accountants in Toronto ensure your HST filing is done correctly and on time, so you can avoid these harsh penalties and additional interest.
How do your HST expenses and sales relate to each other? Our adept accountants in Toronto can help find ways to maximize your HST expenses to mitigate your HST owing.
We represent your interests with the CRA to save you time. For your convenience, we handle all communication with the CRA on your behalf. With our help, you don't have to deal with the CRA yourself.
We navigate regulations that can impact your HST return forms, like non-resident filing, backfilling, and amalgamations.
CRA HST audits are our specialty. Our experienced accountants in Toronto help you prepare and comply with them.
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.
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