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We proudly serve St. Catharines, Niagara Falls, Welland, and the entire Niagara Region. Our online services also allow us to assist clients across Canada using the latest technology in accounting, bookkeeping, and tax services.
FAQ
Learn more about Taxes
Who Needs to File Income Taxes?
You must file a tax return if:
You owe taxes for the year
You received a CRA request to file
You and your spouse/common-law partner elected to split pension income
You sold property or realized a taxable capital gain
You need to repay Old Age Security (OAS) or Employment Insurance (EI) benefits
You withdrew from your Registered Savings Plan (RRSP) but haven’t repaid it
You need to contribute to the Canada Pension Plan (CPP)
You may still want to file if:
You are eligible for a refund
You want to apply for GST/HST credits
You want to claim tuition or education credits
You are applying for government tax benefits
You want to report income to increase your RRSP deduction limit
Small Business Tax Filing: T1 vs. T2
T1 Personal Tax Return:
If your business is not incorporated, you report business income and expenses on your personal (T1) tax return using the Statement of Business or Professional Activities Form (T2125).
T2 Corporate Tax Return:
If your business is incorporated, you must file a corporate (T2) tax return separately from your personal return.
Need help incorporating your business? We assist with registration, bookkeeping, payroll, and GST/HST filings to ensure compliance.
Disability Tax Credit (DTC) & Benefits
The Disability Tax Credit (DTC) is a non-refundable tax credit that helps individuals with disabilities reduce their taxable income. If a dependent cannot fully use their DTC, they may transfer it to a supporting family member.
Eligibility Requirements:
The person must have a severe and prolonged physical or mental impairment
The impairment must significantly impact their ability to perform daily activities
The dependent must reside in Canada and rely on you for basic needs (food, shelter, clothing)
The DTC can open the door to additional federal and provincial benefits, such as the Registered Disability Savings Plan (RDSP), Working Income Tax Benefit (WITB), and Child Disability Benefit (CDB).
Comprehensive Financial Planning
We provide personalized financial planning services for individuals and businesses. Our services include:
Tax-efficient investment strategies
Retirement planning
Estate and succession planning
Business financial managemen
