Personal Tax Return (Form T1, NR4)
Personal tax returns vary based on an individual’s residency and income sources. Form T1 is used to report employment income, self-employment income, investment income, and claim deductions and credits to determine taxes payable or refunds with the CRA. NR4 is an information slip used to report Canadian-source income paid to non-residents and the tax withheld. It is issued by the payer and the amounts reported on the NR4 are used by non-residents to support their Canadian tax filings.
Business tax return (Form T2, T5013)
Business tax returns vary based on the type of entity. Form T2 is filed by corporations to report corporate income, deductions, and taxes payable, and T5013 is used by partnerships to report income, expenses, and allocations to partners.
Trust Tax Return Filing (T3)
Trust tax returns vary based on the type of trust and income earned. Form T3 is used to report trust income, deductions, distributions to beneficiaries, and taxes payable, ensuring compliance with CRA requirements.
Tax returns for Rental or pension income (Section 216 or Section 217)
Tax returns for rental or pension income depend on the type of Canadian-source income earned by non-residents. Section 216 returns are filed to report rental income from Canadian property, while Section 217 returns are used to report Canadian pension and retirement income, allowing eligible taxpayers to calculate tax based on net income and potentially claim a refund.
Personal, Business, and Estate Tax Planning
Effective tax planning helps minimize taxes and protect wealth. We provide strategic personal, business, and estate tax planning to optimize income, manage liabilities, and ensure smooth wealth transfer while staying fully compliant with tax laws.
Crypto tax reporting
Accurate cryptocurrency tax reporting, including calculation of capital gains and losses, income from trading or mining, and proper disclosure to ensure full compliance with CRA tax rules.
Non-Resident Tax Withholding Assistance
We provide end-to-end support for non-resident tax withholding, including correct tax calculation, withholding, remittance, and reporting (NR4), ensuring full compliance with CRA requirements and avoiding penalties.
Tax Litigation & CRA Support
We offer professional tax litigation and CRA support, assisting clients with audits, reassessments and disputes, to resolve tax issues efficiently while protecting your rights.