Canada's Tax System gets more complex
Make sure you are not paying more taxes than necessary
While CRA (Canada Revenue Agency formerly known as Revenue Canada) encourages the individual tax payer to claim all the deductions allowable, it is near impossible for tax payers to keep abreast of what they need to know to minimize their individual tax obligations.
This is where we can help
We offer a personalized service in the privacy of your own home and at your convenience. There will be no waiting in line in the middle of a busy shopping mall to discuss your private financial dealings in earshot of shoppers.
Very often there is more than one way to complete a tax return and we will discuss with you the various options available.
This is where you can help
Book an appointment early - There is a tendency for people to gather all the information together before booking an apointment and that is understandable, but do yourself a favour and book ahead. The reality is, the majority of tax returns are done in the closing weeks of April, and this is the worst possible time. Even if you are missing some information, it is still better to book an apointment early and wait for the last T-slip to arrive.
Start now - Don't wait until half an hour before your appointment to look for T-slips, medical bills or moving expenses, etc. Start putting these items together as they arrive in the mail. Also - make notes about income you have received or expenses you have incurred. Not all expenses are deductable, but it's better to have them available.
Ask Questions - During the appointment, we will ask you questions and you should also ask questions. The Canadian tax system is not simple and is not readily understood. Don't forget it's your money that it being taxed. You need to know all of your options when it comes to paying your share of the revenue necessary to run this country.
To book an appointment - phone 905-592-1962
QUOTE - "Intaxication" is the euphoria a person experiences when getting a tax refund, which lasts until they realise it was their money to begin with.
Canada's Tax System gets more complex
Make sure you are not paying more taxes than necessary
While CRA (Canada Revenue Agency, formerly known as Revenue Canada) encourages the individual tax payer to claim all the deductions allowable, it is near impossible for tax payers to keep abreast of what they need to know to minimize their individual tax obligations.
The big news for tax payers is the ability to split pensions between married couples or between common-law partners. But what is the optimum about?
CLICK HERE FOR MORE DETAILS on TAX PREPARATION
We cover the area from Hamilton, Burlington to Oakville, in Ontario.
Phone 905-592-1962 tobook an appointment.
