First, we want to thank you for entrusting our team with the completion of your personal tax returns and we look forward to assisting you again this year. For those that have not filed their taxes yet, be reminded that the tax filing deadline is April 30, 2018. As you file your taxes this season, be careful to avoid costly mistakes that can:
1. Prevent you from keeping more of your hard earned cash;
2. Steal your precious time; and
3. Cause you to have sleepless nights.
Whether you engage us to advise you on your personal tax matters or you use another qualified accountant or perhaps file your taxes yourself, our priority is to ensure you don’t make costly mistakes. So we encourage you to take a few minutes to research important information on CRA website on personal taxes, read the important information in our newsletters or call our office if you have questions on your personal taxes.
We ask that you pay attention to the important dates for filing personal taxes this year. Personal tax returns must be filed by April 30, 2018 to avoid penalties and interest. This deadline is extended to June 15, 2018 for individuals with self-employment income. However, any taxes owing are due by April 30, 2018.
Tax Checklist
To help you gather all the information you need for your taxes and to maximize your tax deductions and credits to save you money, we have prepared a comprehensive Tax Checklist for you. This checklist will help you identify potential tax deductions and ensure that your information is organized to minimize time and fees. We will appreciate if you can spend some time to review this before you provide your information. To access the tax checklist, Click here.
Information Delivery
For your convenience, we have a secured portal where you can upload your tax documents. Our online portal allows for secure delivery of your tax information to us, and your tax return to you. With this option, we can complete your tax return without the need to meet in person. A number of our clients like the flexibility this option provides. There is no additional fee for this. We offer this as a complimentary service for our clients. To create your secured portal, please email info@gmscpa.ca or call our office – (905) 919-3543. Alternatively, you can drop off your information at our office during business hours from 10 am to 5 pm.
Services & Fees
For personal taxes, we have a minimum fee of $85 for a basic tax return. If you have a business, rental, employment statement or other situations that add to the complexity of your tax return, minimum fee will be $250 per tax return. Note that fees will be higher than the minimum if we assist with the compilation of information required to prepare your business or rental statements.
This year, we will be offering enhanced tax planning for an additional fee of $250 per family or $150 per individual. You will receive an hour-long tax planning meeting any time between July 2018 and December 2018. In addition, we will also respond to any inquiry from CRA on the tax return we prepared on your behalf.
