Our process allows us to make sure that you’ve claimed the appropriate tax credits and deductions with minimal effort on your part. The government of Canada gives several tax credits to individuals on their personal tax returns based on their personal situations. As your personal tax accountant in Toronto we will ensure that all tax credits are applied correctly on your personal income tax return. We emphasize strong communication and client education so that you will always know what’s going on with your personal tax return.
We are CRA Approved EFILER and all our Individual tax returns (T1) are prepared by Chartered Professional Accountant CPA.
STAA can provide personal tax services to clients in Toronto and anywhere else in Canada. We also work with many of our clients through remote capabilities.
- Individual income tax and benefits return (T1) for individuals and couples having employment income
- Individual income tax preparation services for self-employed individuals (unincorporated businesses)
- Personal tax services for individuals having investment income, rental income or foreign income
- Income tax services for students
- Income tax services for new immigrants to Canada or Leavers (Emigrants) from Canada
- Income tax return preparation for deceased individuals
- Income tax services for non-residents
- Tax issues for residents, non-residents or dual residents of Canada
- Canadian Income Tax services for Canadian Snowbirds and US Persons
- Real Estate Transactions and Rental Property Tax Considerations
- Back filing of Personal Income Taxes – multiple tax years filing
- Voluntary Tax Disclosure and Tax Appeals
TAX RETURNS FOR SELF EMPLOYED BUSINESS OWNERS
We work with you to make sure you’ve claimed all eligible expenses for your business. Whether your bookkeeping is done in Quickbooks or on our easy-to-use bookkeeping spreadsheet, we get the entire financial picture and maximize your deductions.
BACK FILING OF PERSONAL INCOME TAX RETURNS IN CANADA
If you are falling behind your income tax return filings in Canada, you can come clean by filing all the pending tax returns. We help you in achieving compliance by falling past years’ tax returns (usually past ten years).
We offer discounted prices to those who are in need for filing for previous years. So, you can get in touch with us today.
TAX PLANNING
Meet with your CPA to discuss your long-term financial goals and make sure that you have the right plan to meet them. We’ll look at the big picture to ensure you’re claiming the available tax credits and using your RRSP and TFSA accounts properly. Keep more of your hard-earned dollars!
We prepare mock income tax returns or planner tax returns for individuals and corporations. Mock tax returns or planner returns are an important tool to best optimize your taxes ahead of year-end. Some of the situations where mock tax return helps greatly is; planning to immigrate or emigrate from Canada, having multiple streams of income, expected capital gain, deciding on tiered corporate structure, and many more. We perform tax planning using multiple scenarios and present the income tax effects of all of them.
If you are concerned that your income taxes for the year or next year are going to be very high, you are advised to plan ahead by requesting planner income tax returns in Canada.