Preparing your income tax return. Everyone who must file an income tax return can use the services of a professional.
A CGA can help you legally minimize your tax bill and ensure that you claim the credits to which you are entitled. Timely filing of T1 returns can reduce penalties for late filing.
Special situations which occur from time to time may require assistance by a person with years of training and experience in taxation.
Self- employed and unincorporated businesses require financial statements.
Business income of an individual is reported on a special schedule. Different rules apply.
The sale of Canadian real estate by non-residents of Canada requires that capital gain tax be paid at the time of sale and a Canadian tax return filed at the time.
The transfer of a Canadian property by a non-resident to a family member may also trigger capital gains tax. Mary MacInnis, CGA will assist with tax planning and filing in this area.
Non-residents who rent their Canadian property are subject to tax withholdings on their rental income and may benefit from filing a Canadian tax return.
Final returns of tax payors. In the year of death special returns will have to be filed.
