Personal tax
We cover all range of services on personal taxes during on and off tax seasons.
We understand that as individual situations are unique, so are their tax circumstances. In recognition of this fact, it is our approach to run your tax profile against multiple planning scenarios in order to ensure that you pay only a fair share of taxes due in line with the law.
Our experts have multiple years of experience planning tax files of diverse range of individual portfolios, HNIs, unincorporated entities and various other individual tax transactions. Being a FINT client will give you access to these quality of skills and experience to work on your file.
If you are behind on your taxes or facing review and or audit situation with CRA, we have got you covered. We will engage CRA and apply our professional expertise to ensure that all issues are amicably resolved in line with the law and consistent with the strongest position of your tax situation.
Some of the personal tax services provided are:
- T1 personal return
- Including rental schedules
- Business schedules
- Farm income and expense schedules
- Asset capitalization
- Motor vehicle schedules and lease
- T1135 Foreign Asset reporting
- Principal residence exemption
- Investments, gain or loss and related optimizations
- ABIL
- Capital and non-capital losses claims and carried back or forward optimization
- LFTCGE exemption optimization
- Etc.
- T4, T5(dividend), T5013, NR4 and other tax slips processing and filing.
- Personal tax for shareholders, including compensation planning for corporate owner managers.
- Immigration returns for new comers to Canada
- Exit (emigration) return and planning, including clearance certificate processing on disposal of Canada Situ assets
- Bookkeeping and tax returns for unincorporated entities, including farming and other businesses.
- Tax Residency Determination
- Personal Tax Planning & Tax Strategy
- Retirement Tax Planning
- Personal Tax for Partnerships
- Canadian Rental Income Property Services: We provide the following services:
- Clearance Certificate – for sale of Canadian real estate by non-residents
- Non-Resident Rental Tax Return (S.216 Election)
- Tax Withholdings, Remitting & Reporting for Non-residents receiving rental income
- NR6 Election and Agent.
| Service | Rate |
|---|---|
|
T1 Personal Tax return-with 2 slips |
$100.00 (plus $5.00 per additional slips above 2) |
|
Low income return(< $25,000) |
$50.00 |
|
Business Schedule(T2125) including Motor Vehicle & Business Use of Home |
$250.00 |
|
Business Schedule(T2125) income and expenses only |
$150.00 |
|
Pension splitting |
$40.00 |
|
Rental schedule (T776) per property (additional $30 person apply for multiple owners) |
$150.00 |
|
Sale of Principal residence and declaration (T2091)-additional $50 applies if shared |
$150.00 |
|
Moving Expense: |
$200.00 |
|
Moving Expense: with sale or purchase of property |
$300.00 |
|
Moving Expense: with both sale/purchase of property |
$550.00 |
|
Medical Receipts |
From $10.00 depending on time required
|
|
T1135-Foreign Asset Reporting-Simplified |
$200.00 |
|
T1135-Foreign Asset Reporting-Complex |
$300.00 |
Other Fees: These are fee for basic services. Additional fees apply for planning and claims of specific deductions, loss carried back optimization, disability tax credit, employment expenses. Contact us on fees for other services not included in the fee guide above.