Personal Tax Planning & Preparation Services
Our professionals are experienced in the preparation of all sorts of Personal Income Tax Returns (T1.) Vertax offers quick, accurate and cost-effective personal income tax preparation services and solutions. We cater to clients from diverse expanses of professions whether they are:
- Employed (T4s)
- Sole-Proprietor (Business Owners/Commissions)
- Student (Part-time or Full-time)
- Investors (Rental income, Share, Mutual Funds, RRSPs or Other Investments)
- Retired Individuals
- On support or earning employment insurance
- Drive Taxi, Uber or Truck
We can help you maximize your return and help you save more. Our personal tax return preparation is extended to non-residents, US Citizens and more. Our experienced professionals help you understand key elements about your returns, solve personal tax problems, provide you with assistance in CRA audits and reviews, prepare your personal tax return flawlessly, on time and above all, save you taxes and get you the maximum refund possible.
As a business owner or commission earner, especially a Real Estate Agent, Mortgage Agent or an Insurance Agent, it gets really hard to manage your bookkeeping or accounting – from acquiring new clients, to following up on leads, client meeting, attending conferences or socializing events.
We keep your books up to date by recording your transactions on a monthly basis as compared to a yearly basis. We urge you to submit your bank statements, receipts, invoices and bills monthly. That way you are saved from the time-consuming job of compiling all of the information at the year-end, some of which you might lose in the meantime.
This helps you to get timely expense reports so that you make informed decisions while managing your small business or practice.
Our team specializes in cloud-based accounting software like QuickBooks Online and XERO accounting, and we can help you to maintain updated financial information for your reporting purposes.
We have created a detailed form for our clients to record their employee expenses, like business use of Personal Motor Vehicle, travel expenses, tools and supplies, required uniforms, and dues and subscriptions. As a taxpayer, we want you to be aware of all the deductions that are available to avoid overpayment.