Services
Personal Income Taxes
Welcome to the Personal Income Tax section at Business360 CPA, where we’re dedicated to helping you make the most of your hard-earned money. In the ever-evolving landscape of personal taxation, navigating the intricate web of tax laws can be a daunting task. That’s where we come in.
We’re committed to simplifying the complexities of personal income tax for owner-managers, employees, and retirees alike. Our goal aligns with yours – to maximize your after-tax income, whether you’re looking to grow your business or savor your well-deserved retirement.
List of Services
From strategic tax planning and optimizing deductions to proactive advice tailored to your unique financial situation, we’re here to support you with variety of services which include:
T1 personal tax returns
Maximize tax deductions for employees
Income splitting for pensioners
T2125 business and partnership returns
T776 real estate rental income returns
Residential real estate investment taxes and disclosures
Accessing tax credits
Accessing special tax credits such as SR&D, manufacturers investment credits, MERB and other tax incentive programs.
Sales (GST/PST/HST) tax returns
T1 personal income tax returns for immigrants and emigrants
T3 estate and other trust return
Tax planning to minimize tax and protect your interests:
- Compensating other family members working in your business.
- Providing vehicles to employees.
- Passing your business to your family.
- Selling your business or part of it.
- Buying into a business.
- How to use life insurance to protect your business/partnership interests.
- Estate planning to benefit family members with trusts.
- How/when to use tax deferral/saving programs like RRSP’s, TFSA, DSP and HBSP’s.
T1135 Foreign property & income disclosure return
Special tax returns on death
Voluntary Disclosures
Voluntary Disclosures to avoid paying heft penalties when catching up or fixing past filings.
Non-resident tax returns
- T1261 Application for a CRA Individual Tax Number (ITN) for Non-residents.
- T5013 Non-resident tax returns.
- NR4/6 non-resident withholding tax returns.
- T2062 Request by a Non-Resident of Canada for a Certificate of Compliance Related to the Disposition of Taxable Canadian Property.
- Non-resident tax planning for investments in Real-Estate, Rental, Stocks, and Mutual Funds.
Request Your Consultation
Are you an individual, business, or both? Take control of your financial future, and schedule a free consultation with our expert CPAs today.
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