Mock Tax Return Preparation for Tax Planning

Downtown Toronto Tax Return Preparation

Mock Tax Return Preparation for tax planning is a necessary tool to assess how much tax you will incur at tax time before you receive all your tax slips. Often, there is not enough time to plan or mitigate a large tax bill a few days before the RRSP deadline. You may not have enough available RRSP room or access to funding.

Examples of Triggering Events that may increase your tax liability for the year (Mock Tax Return Preparation):

New Job with increased income

Signing or Moving Bonus from New Job

Inheritance

Purchasing or Selling an Investment property

Cashing out a large amount of Equities or Stock options

Immigration (Arrival Tax)

Emigration (Departure Tax)

Any type of unexpected Capital Gain

Income extraction from Privately held Canadian Corporation (CCPC)

CRA Reassessment for prior-year tax return

Foreign Income and Foreign Tax Credits

Treaty Based International Income Tax Planning

Divorce settlements

Director’s Income

Taxable Benefits received from employment or as a shareholder

Labour Sponsored Investment Tax Credits

Canadian Emergency Response Benefit (CERB) Payback triggered by unknown income in 2020/2021

Mock Tax Return Preparation Downtown Toronto Tax Return Preparation — Mock Tax Return Preparation for Tax Planning – Downtown Toronto Tax Return Preparation

Contact Downtown Toronto Tax Return Preparation at 647-951-4852 Ext.2 during business hours. If you receive voice mail, please leave a message with the best day and time to call. Downtown Toronto Tax Return Preparation has 5 Convenient locations in the downtown Toronto Area.

Downtown Toronto Tax Return Preparation Locations (Mock Tax Return Preparation):

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

If you need Tax Advice and Planning, please visit our related company Toronto Tax Consulting.