Small Business Tax Return Preparation Downtown Toronto

Please click here for Small Business Tax Accountant or Small Business Tax Advice and Planning Services

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 paperwork 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 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 – Small Business Tax Return Preparation Downtown Toronto

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

We are experienced in all types of tax return preparation. Between January and April, we concentrate on personal 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’s tax return to make sure it was correctly done.

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

Types of tax return preparation:

Personal Tax Return Preparation

Corporate Tax Return Preparation

Non-Resident Tax Return Preparation

US Tax Return Preparation

Trust & Estate Tax Return Preparation

Book an appointment to get ready for the 2022 Tax Season and Small Business Tax Return Preparation

Downtown Toronto Tax Return Preparation specializes in tax return preparation of all types. From simple to complex. If, you find yourself having tax questions or need tax help in preparing your tax return for the 2021 tax season. We are the tax experts and tax specialists that will assist you in completing, submitting your tax return on time, and receiving the biggest refund you are entitled to.

**Other CRA Forms for Non-Resident Individuals and Corporations – Small Business Tax Return Preparation

• NR4-Statement of Amounts Paid or Credited to Non-residents of Canada
• NR6-Undertaking to File an Income Tax Return by a Non-Resident Receiving Rent
• NR73-Determination of Residency Status (Leaving Canada)
• NR74-Determination of Residency Status (Entering Canada)
• R105-Regulation 105 Waiver Application
• T1134-A-Information Return Relating to Foreign Affiliates T1134-B-Information Return Relating to Controlled Foreign Affiliates
• T1135-Foreign Income Verification Statement
• T1141-Information Return in Respect of Transfers or Loans to a Non-Resident Trust
• T1142-Information Return in Respect of Distributions from and Indebtedness to a Non-Resident Trust
• T1161-List of Properties by an Emigrant of Canada
• T2061A-Election by an Emigrant to Report Deemed Dispositions of Taxable Canadian Property and Capital Gains and/or Losses
• T2062-Request by a Non-Resident of Canada for a Section 116 Certificate of Compliance Related to the Disposition of Taxable Canadian Property
• T2209-Federal Foreign Tax Credits
• T4A-NR-Summary of Fees, Commissions, or Other Amounts Paid to Non-Residents for Services Rendered in Canada
• T626-Overseas Employment Tax Credit

Small Business Tax Return Preparation Downtown Toronto – How does our small business tax return preparation service work?

1. Call and speak with an advisor if, our service is right for you.
2. Our office will send you a client questionnaire and new client form to be filled out.
3. Gather and organize what documents you need for us to complete your return.
4. Options to drop off documents.
5. Due to Covid 19, any documents will be uploaded using email only
6. An estimate of fees will be provided for your approval, no work will begin before client approval. Due to increased volumes during tax season your return may take longer than usual to complete.
7. 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 – Small Business Tax Return Preparation Downtown Toronto

Tax Service Areas – Small Business Tax Return Preparation Downtown Toronto

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

Fees/Pricing for Canadian Individual Personal Tax Returns:

With our tax service, pay for what you need. Start with a base package and add what you need for your return to be prepared. If, you do not see what you are looking for or are not too sure, please give us a call at 647-951-4852, press 2, and speak to an advisor. Please note: Pricing listed below for Personal Returns only, please call for pricing on all other types of returns.

Examples of Small Business Tax Return Preparation Documents – Small Business Tax Return Preparation Downtown Toronto

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 is unique and different expenses may be part of your small business that is 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
  • 2019 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

If you need a Small Business Tax Accountant or Small Business Tax Advice and Planning please click the prior links.

Canada Revenue Agency