With years of personal tax return preparation experience, we welcome the opportunity to assist you with the preparation of your Personal (T1) returns.
T1 Returns include:
- Residents of Canada for part or all of the year
- Individuals receiving income from employment, investments and private or government pensions
- Children who earn money through babysitting, paper routes, etc
- Terminal returns for individuals deceased during the year
- Optional returns for deceased individuals (based on the facts in each situation)
We are proficient in providing the following services relating to your tax filing:
During Tax Season
- Gathering of slips and documentation and an analysis of your personal tax situation to ensure that no claim has been overlooked
- Preparation of entire family’s returns (including spouse and children)
- Preparation of your HST return if you are self-employed
- Optimizing family income splitting
- Timely filing of elections
- Electronic filing of returns
- Preparation of Foreign Income Verification Statement if applicable
After Tax Season
- Verification of accuracy of Notice of Assessments
- Preparation of adjustments to previous years’ filings as required
- Handling of correspondence with CRA in the event of an e-file audit or pre-assessment review
- Communicating with CRA on a variety of issues requiring immediate attention
- Paying instalments for clients who are out of the country
- Ongoing discussions with clients regarding tax planning strategies that may present themselves throughout the year