Home Affordable and Inexpensive Income Tax Filing Preparation

Affordable and Inexpensive Income Tax Filing Preparation

Telephone: 647-951-4852 Ext.2

Email: info@downtowntorontotaxreturnpreparation.com

COVID-19 has been extremely difficult for small business owners and the self employed. We understand that taxes are the last thing on an owner’s mind. If, you are having difficulty filing your taxes talk to one of our tax advisors for options available to help reduce the stress.

Preparing your own taxes if you’re a small business owner or self-employed can be time-consuming and difficult. Especially if, you are not sure where all the paper work is. Your priority is running your business.

If the filing deadline is looming over your head, and you find yourself unprepared, our advice is to take on one thing at a time. Best way to start? Organize all your paperwork first.

Contact Downtown Toronto Tax Return Preparation at 647-951-4852 Ext.2 during business hours. If you do receive voice mail, please do leave message with best day and time to call. Downtown Toronto Tax Return Preparation has 9 Convenient locations in the downtown Toronto Area.

The Covid-19 Pandemic has made the simplest of task that much harder. To make things easier depending on your situation we offer the following methods of completing your income tax filing.

Methods of completing your income tax filing – Affordable and Inexpensive Income Tax Filing Preparation

  • Postal Mail with tracking (Extra Charges Apply)
  • Courier (Extra Charges Apply)
  • Email by attachment or compressed file
  • In Person (Must book an appointment)

What hours do we operate?

Monday to Friday In-person 11 am to 4 pm

Monday to Friday Remote via Email and phone from 9 am to 11 am and 4 pm to 9 pm

Saturday and Sunday Remote via Email and phone from 1 pm to 9 pm

Call to book an appointment T:(647) 951-4852 Ext.2

Email: info@downtowntorontotaxreturnpreparation.com

Downtown Toronto Tax Return Preparation (Affordable and Inexpensive Income Tax Filing Preparation) 9 Convenient Locations:

Downtown Toronto Central Location (Yonge & Richmond)
151 Yonge St
11th Floor
Toronto ON M5C 2W7

Downtown Toronto North Location (Yonge & Bloor)
2 Bloor St W
Suite 700
Toronto ON M4W 3E2

Downtown Toronto East Location (Queen and Church)
111 Queen Street East
South Building
Suite 450
Toronto ON M5C 1S1

Downtown Toronto West Location (University and Dundas)
439 University Ave
5th Floor
Toronto ON M5G 1Y8

Downtown Toronto South Location (Bay St and Queens Quay)
88 Queens Quay West
RBC Water Park Place
Suite 2500
Toronto ON M5J 0B8

Downtown Toronto Return Preparation (King St and Spadina Ave)
500 King St W
Suite 300
Toronto ON M5V 1L9

Downtown Toronto Tax Return Preparation (Yonge and Dundas) – Eaton Centre
1 Dundas St W
Suite 2500
Toronto ON M5G 1Z3

Downtown Toronto Tax Return Preparation (Yonge and St Clair)
2 St. Clair Ave West
18th Floor
Toronto ON M4V 1L5

Downtown Toronto Tax Return Preparation (Yonge and Davisville)
1920 Yonge Street
Suite 200
Toronto ON M4S 3E2

Affordable and Inexpensive Income Tax Filing Preparation Downtown Toronto Tax Return Preparation
Affordable and Inexpensive Income Tax Filing Preparation Downtown Toronto Tax Return Preparation – 5 Convenient Downtown Toronto Locations

We are experienced in all types of income tax filing preparation. Between January and April, we concentrate on personal and small business tax return preparation. Whether it is employment income, self employment income, multiple years of non filed tax returns or you just need a review of a previous year tax return to make sure it was correctly done.

We have five convenient location in the downtown Toronto area. They are located close proximity to TTC stations, public parking and usually not to far of a walk from work places in the area.

Types of tax returns:

Personal Income Tax Filing Preparation

Corporate Income Tax Filing Preparation

Non-Resident Income Tax Filing Preparation

Self Employed and Small Business Income Tax Filing Preparation

Student Income Tax Filing Preparation

United States Income Tax Filing Preparation

Trust & Estate Income Tax Filing Preparation

Book an appointment to get ready for the 2023 Tax Season. 

How does our Affordable and Inexpensive Income Tax Filing Preparation service work?

  1. Call and speak with an advisor if, our service is right for you.
  1. Our office will send you a client questionnaire and new client form to be filled out.
  1. Gather and organize what documents you need for us to complete your return.
  1. Options to drop off documents.
  • Due to Covid 19, any documents will be uploaded using email only
  1. An estimate of fees will be provided for your approval, no work will begin before client approval.
  1. Due to increased volumes during tax season your return may take longer than usual to complete.
  1. When your return is ready, our office will contact you to go over your tax return, if necessary.  An e-invoice will be sent, once paid your return will be uploaded to the Canada Revenue Agency. 

Downtown Toronto Tax Return Preparation

Affordable and Inexpensive Income Tax Filing Preparation Service Areas

Personal Tax
Corporate Tax
US Tax Returns
Non Resident Tax Returns
Unfiled Tax Returns
Non Filing
Back Filing
Prior Year Tax Filing
CRA Requests
CRA Letters
Demand to file
Overdue Tax Returns
CRA Audit Letters
CRA Review Letters
Unreported Income
Unreported Offshore Income
T1 Adjustments
Tax Return Correction
Tax Return Review
Foreign Income
Investments
Rental Income
Business Tax Return
Unincorporated Business
Sole Proprietor
Small Business
Self Contractor

Documents you’ll need to file your tax return if you’re self-employed or a small business owner, along with a list of business deductions you can use to lower your tax bill. Please note these are only common examples. Every business in unique and different expenses may be part of your small business that are not listed. Call and speak to one of our tax advisors for more information at (647) 951-4852 Ext.2

  • Deposit slips
  • Bank statements
  • Income records
    • Sales invoices
    • Receipts
    • Bank deposit slips
    • Fee statements
    • Contracts
  • If you have employees
    • T4: Summary of Remuneration Paid
    • T4A: Summary of pension, retirement, annuity and other income
  • If you make payments to subcontractors
    • T5018: Statement of Contract Payments
  • If you’re in a partnership
    • T5013: Partnership information return
  • If you’re a corporation
    • T2: Incorporation income tax return
    • Shareholder transactions and dividends
  • Receipts on any capital purchases or sales in 2020
  • Worker’s compensation payments or benefits
  • Installments made for income tax, GST/HST/PST and payroll
  • Payroll, source deductions and taxable benefits for employees
  • Individual slips and receipts
    • 2021 tax return, Notice of Assessment and any other CRA correspondence
  • Investment information:
    • RRSP contribution slips
    • T3 slips
    • T5 slips
  • If you have other income:
    • T4: Statement of remuneration paid
    • T4A: Pension, retirement, annuity and other income
  • Receipts for eligible medical expenses
  • Receipts for charitable donations
  • Tuition or educational expenses
  • Interest paid on student loans
  • Child care expenses
  • Moving expenses

List of Common Small Business Deductions – Small Business Tax Return Preparation Downtown Toronto

  • Advertising
  • Bad debts
  • Business taxes, licenses and memberships
  • Business use of home expenses
    • Cleaning materials
    • Electricity
    • Heating
    • Home insurance
    • Mortgage interest
    • Property taxes
  • Interest and bank charges
  • Insurance premiums
  • Legal and accounting fees
  • Meals and entertainment
  • Motor vehicle expenses
  • Office expenses
  • Office stationary and supplies
  • Rent for property used in your business
  • Repairs and maintenance
  • Salaries, wages and benefits incurred by you as an employer
  • Travel expenses

For Tax Advice and Planning please visit our related firm Toronto Tax Consulting