Home Need a personal tax accountant that will understand you

Need a personal tax accountant that will understand you.

When do you need a personal tax accountant?

Time and complexity. Ever-changing tax laws. Tax laws you did not know existed. Leveraging tax legislation. The context in which certain tax legislation is to be applied. Concerns about making an error or incorrect submission to Canada Revenue Agency and it becomes timely and costly to fix after the fact. Not sure where to start or what to do. We know tax, that is all we do. We are specialized tax accountants who provide many tax services in multiple tax practice areas.

Some examples of tax issues that a personal tax accountant would solve (Need a personal tax accountant that will understand you):

Trust and Estate – Inheritance – Need a personal tax accountant that will understand you

  • Family members leave you a large sum of money or assets in Canada or Abroad
  • Death of a family member and don’t know tax compliance procedures for a deceased individual and due dates.
  • Responsible for someone else’s tax preparation or filing (family member, trustee, or executor)

In relation to employment – Personal Tax Accountant

  • Stock options or another form of profit-sharing from your employer. Analysis of future tax implications and tax mitigation.
  • Your employment allows you to claim auto and other employment expenses but you also receive reimbursement or non-taxable allowances and are confused
  • New employer; Transferring to a different location with the same employer and would like to evaluate your new employment contract to analyze your total compensation and tax implications
  • Want to claim more for home office expenses than the standard small tax credit that the Canada Revenue Agency allows for during Covid-19 work from home

Changing legal form of business – Personal Tax Accountant

  • Employee to an independent contractor. Going out on your own can be scary but exciting at the same time. Learn the tax advantages of becoming an independent contractor.
  • Going into business for yourself (Sole proprietorship or Unincorporated business). Tax advice, tax planning and tax strategies to make your journey smooth.
  • Going into business with a partner (Partnership). Understand tax compliance in relation to legal form of Partnership. Assistance with partnership agreements.
  • Sole Proprietorship or Partnershop to a federally regulated or provincially regularted Corporation. Learn the advantages and disadvantages. Tax Compliance and tax strategies from an experienced specialized personal tax accountant.

Tax Advice and Planning – Real Estate – Personal Tax Accountant

  • Purchasing your first home or rental property and would like to know the impact on the upcoming tax return year by taking advantage of mock income tax planning.
  • Adding complex or many different investments to your new or existing portfolio
  • Purchasing foreign property or investments and need to know what to expect during tax time and reduce unnecessary surprises.

Tax Residency – Need a personal tax accountant that will understand you

  • Moving Abroad to work or live and have nonresidency tax issues. Worried about dual taxation.
  • Moving to Canada to start a new job and not sure how to file your first tax return. Learn the basics of the Canadian tax system and how to reduce the amount of tax you pay.

Personal Financial Planning – Change in family status – Personal Tax Accountant

  • Marriage, children, separation, or divorce. Life changes can be unexpected but don’t forget about finances during that time. Tax advice and planning do not stop and neither should you.
  • Your first job out of school and need financial planning. The world is yours to conquer. Have a seasoned personal tax accountant to help guide you in those life-changing decisions in relation to financial planning and tax.
  • Pension Income (Conversion to RRIF and Income Splitting) – Getting older, money not going as far as it used to. Find out tax strategies for seniors that can make your money go further. Keep more of the hard-earned money that you earned over a lifetime.

Personal Tax Accountant – I made a tax boo boo

  • You have contributed to your RRSP and worry about penalties and interest that are accruing and are not sure where to start.
  • You have not filed your tax returns in years. You are worried the Canada Revenue Agency will call any day.
  • You received a letter from the Canada Revenue Agency. You have read it but not sure what it means. They have asked you to respond or provide tax documents.
Need a personal tax accountant that will understand you
Need a personal tax accountant that will understand you

Where to find a Personal Tax Accountant in Toronto, Greater Toronto Area (GTA) and US?

Downtown Toronto

Toronto Tax Consulting (Head Office)
401 Bay Street Suite 1600
Toronto ON M5H 2Y4
Tel: 416-628-7824 Ext.2

Etobicoke

Etobicoke Tax Consulting
3250 Bloor St W Suite 600 East Tower
Etobicoke ON M8X 2X9
Tel: 1-800-717-4162 Ext.2

North York

North York Tax Consulting
5700 Yonge Street Suite 200 North Tower
Toronto ON M2M 4GS
Tel: 416-628-7824

Mississauga

Mississauga Tax Consulting
4 Robert Speck Parkway Suite 1500
Mississauga ON L4Z 1S1
Tel: 1-888-905-7577

Markham

Markham Tax Consulting
15 Allstate Parkway Suite 600
Markham ON L3R 5B4
Tel: 416-628-7824

New York

Toronto Tax Consulting
415 Madison Ave, New York
NY 10017, United States
Tel: 1-800-717-4162

Chicago

Toronto Tax Consulting
30 S Wacker Dr #2200, Chicago
IL 60606, United States
Tel: 1-800-717-4162

Washington D.C. and Pasadena CA

Coming Soon

If, you are interested in engaging with us further, talk to one of our personal tax accountants for more information. Tel: (416) 628-7824 Ext.2