Tax Preparation | Tax Advice & Planning | Tax Debt Relief | Tax Accountant

Tax Expert, Tax Specialist, Tax Preparation, Tax Advice, Tax Planning, Tax Debt Relief Solutions, Tax Services & Tax Accountant. Downtown Toronto & Financial District. Call 416-628-7824 and press 2 to speak with an advisor.

Financial District & Downtown Toronto Tax Preparation. For more information please call 416-628-7824 and press 2 to speak with an advisor.

Tax legislation is constantly changing and adding a great deal of complexity to tax preparation. We find that many clients look to the services of a professional tax accountant because they lack the knowledge, the desire or just don’t have the time to deal with tax preparation and filing obligations every year.

When you find yourself outside of your comfort zone, these are some examples of why individuals require a need for professional tax return preparation services:

  • Family members leave you a large sum of money or assets
  • Stock options or other form of profit sharing from your employer
  • Your employment allows you to claim auto and other employment expenses
  • Changing your employer; Transferring to a different location with same employer
  • Changing from an employee to an independent contractor
  • Going into business for yourself (proprietorship)
  • Going into business with a partner (partnership)
  • Purchasing your first home or a rental property
  • Adding complex or many different investments to your new or existing portfolio
  • Purchasing foreign property or investments
  • Responsible for someone else’s tax preparation or filing (family member, trustee or executor)
  • Moving Abroad to work or live
  • Moving to Canada to start a new job
  • Changing legal form of business ownership (proprietorship to corporation)
  • Marriage, children, separation or divorce
  • Death of a family member
  • Your first job out of school
  • Pension Income (Conversion to RRIF and Income Splitting)

Calendar tax time

There may not be one particular issue that would lead you to use a professional tax preparation service. Maybe the annual job of preparing your tax return has finally become too complex, onerous, & time-consuming. If, you are no longer confident that you are getting the full benefit of every deduction and credit to which you are entitled or you do not wish costly fines and penalties by attempting it yourself. We can assist with the following types of tax preparation and returns:

Personal Tax Returns (T1)

Employment
Commission or Sales Income
Self-Employment T2125(Sole Proprietor)
Partnership Income
Professional Income
Interest and Investment Income
Rental Income
Arrival Tax Returns T1 (Immigration)
Departure Tax Returns T1 (Emigration)

Corporate Tax Returns

Corporate T2 (Federal or Provincial)
Professional Corporation (T2)
CCPC (T2)
HST Returns
Payroll (Source Deduction and T4 Information Return)

Trust Tax Returns

Immigration
Education trusts
Estates of deceased taxpayers
Inter-vivos trusts
Testamentary trusts
Spousal trusts
Alter ego trusts
Joint spousal or common law partner trusts
Health & welfare trusts
Retirement compensation arrangements (RCAs)

Non Resident Tax Return

Canadian Citizen working Internationally
Internship/Student Work Study
International Student outside Canada
Expatriate
Section 216 tax returns
Section 217 tax returns
**Please see below (Other CRA Forms)

Student Tax Returns

International Student inside Canada
Domestic

Seniors Tax Returns

Retirement and Pension Income
Expat
Snowbirds
Living Abroad

US Tax Returns

Canadian Citizen working in US
US Citizen working in Canada
1040 Return
1040NR Return
Federal 1120 Corporate Tax Return
State and City Tax Returns
FinCEN Form 114
IRS Form 8288
IRS Form 8833
IRS Form 8840
IRS Form 5471
IRS Form 3520 or 3520(A)
IRS Form 8621
IRS Form 8938
IRS Form 8959
IRS Form 8960
IRS Form W-7
IRS Form SS-4

Other Types of Tax Returns

Late-Filing (Prior Years)
T1-Adjustment
Demand to file
TFSA
Deceased taxpayer
Bankruptcy
Information Returns

**Other CRA Forms for Non-Resident Individuals and Corporations

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 Thereon
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

How does our tax 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.

  • Book an appointment to drop off with an advisor
  • Drop off at front desk (Mon to Fri 9am to 5pm)
  • Send via electronic mail (Encrypted)
  • Send va FTP
  • Send via Fax
  • Send via Courier (Canada Post Only)

5. An estimate of fees will be provided for your approval, no work will begin before client approval, drop off with an advisor is only option, where you will be provided with quotation on the spot
6. 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 book an appointment for pickup.

Please click the link to view full service offering and pricing for our 2016 Tax Season Pricing Page.

Located in financial district downtown toronto tax preparation – South East corner Bay & Queen

 

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Hours

M: 10AM-4PM
T: 10AM-4PM
W: 10AM-4PM
T: 10AM-4PM
F: 10AM-4PM

Extended Hours for Tax Season, please call to schedule.

Please book an appointment for pickup or drop off tax documents or to see an advisor. Please call 416-628-7824 and press 2 or send email to info@torontotaxconsulting.com

Directions

Office Location
Toronto Tax Consulting is located on the 16th floor at 401 Bay Street (Simpson Tower) which is on the south east corner of Bay St. and Queen St, in the heart of downtown Toronto.

Parking
There is direct access to two parking areas - Bay Adelaide Centre and Toronto City Hall Parking.

TTC and Path
There is direct access from Queen Subway Station and the P-A-T-H. You can walk through the PATH from the Sheraton Hotel, Bay Adelaide Centre, The Bay and two parking areas.

From the west, we are also a short walk from Osgoode Subway Station on Queen.

Contact us

Mailing Address:
Toronto Tax Consulting
401 Bay Street
Suite 1600
Toronto, ON
M5H 2Y4

Tel: 416-628-7824
Fax: 866-528-1387
Email: info@torontotaxconsulting.com

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