Generally, all individuals must file their personal tax return on an annual basis. Our goal is to help each client get the maximum refund or minimize their tax liability by claiming each and every deduction legally possible. Last date for filing personal tax return is April 30th. If you or your spouse or common-law partner is self employed, then last date for filing tax return is June 15th. To avoid penalty, file your tax return before the due date. However, to avoid paying interest, the balance owing must be paid on or before April 30th.
A corporation is separate legal entity from its owner. It can enter into contracts, it can own property, it has to pay taxes on the income it generates and therefore it must file its own tax return. Generally, every corporation conducting business in Ontario through a permanent establishment must file a T2 Corporation Tax Return with CRA no later than 6 months after the end of the tax year. We help our clients with their bookkeeping & accounting, preparing financial statements and corporate tax return.
When a taxpayer dies, the executor has to file not only the final T1 tax return for the deceased person up to the date of death but also a T3 tax return for the estate (if there is one). An Estateâ€™s tax year begins the day after the taxpayerâ€™s date of death and continues for one year. Any income earned in the estate is reported on the T3 tax return and is offset against available deductions and exemptions. Income earned in the estate could be capital gain, interest or dividends. If the estate continues for many years, a T3 tax return has to be filed every year. When the estate is wound up and all of the assets have been distributed to the beneficiaries, the executor should request a clearance certificate TX19 from CRA to show that all the taxes owing has been paid.
Self-employment income is reported on T1 General Tax Return and it may be earned from the business you operate as a sole proprietor or in partnership with someone. You can deduct reasonable expenses incurred to earn the business income which include but are not limited to meals and entertainment expenses, advertising expenses, home office expenses, vehicle expenses, CCA on capital property, etc.We also provide free consultation for new start up with regards to incorporating a business, getting Business Number, and getting HST, Payroll and WSIB number.
Devis Tax Service is a leading tax preparation firm in Toronto.
We prepare from very basic to most complicated tax returns every year. Our qualified staff will claim every deduction legally possible to save you every penny you deserve. We measure our success by client satisfaction and we take pride in it. Most of our new business comes through referrals from existing satisfied clients because we take care of client's interest first.
Found Devis to be an incredible tax consultant. Very knowledgeable and quite personable. He was able to get me some incredible tax returns for me. I look forward to filing again with him next year.
I have used Devis Tax for several years now for my small business taxes. They are so quick, pleasant and affordable. They are great. I highly recommend them.
This is our third year working with Devis Tax. We take our personal and small business taxes there and couldn't be more pleased. Very knowledgable, efficient and have recommended to several friends.
I have been with Devis since 1998. The advice I get is worth its weight in gold. A knowledgeable tax/accountant professional is a must for anyone. Highly recommended.
Devis Tax Service has been doing my personal and small business taxes for the past 8 years. I am very satisfied with their professionalism and knowledge that they have. They always answer any questions and concerns I have promptly. I feel very confident in recommending their services to others.
For the last 4 Years I been using DevisTax Service and I always got a very professional an efficient service with a clear explanation of the how, what and why. I totally recommend to companies and people in general DevisTax's Service.
I had 10+ years of personal tax to file. So I did my due diligence & researched available tax services in Scarborough. Devis Tax Service kept coming up and the reviews were really good. After placing a call, (which was answered with a LIVE person) was given an appt same day. With files in hand, I arrived and was greeted with complete professionalism and a down-to-business approach. In short, within 72 hrs, 10 years of personal tax files were prepared and ready to file. I am a FIVE STAR referral for Devis Tax Services. Going back next for Devis to help.
I've been doing my taxes for the past 3 years by myself. I inadvertently filled out my income tax form online incorrectly for 2012 resulting in the tax department advising me that i owe them over $10,000. I decided to consult a professional - Devis Tax Service Ltd., who corrected same. It took 5 months for the tax department to undo my error and i received a huge refund from the tax department. It turned out that i was also denying myself money as I am not a expert in taxes. Devis Tax Service saved me a bundle and I shall always use this service in the future. Thank you Devis!!!!!
Devis Tax Service
529 Victoria Park Avenue
Toronto, ON M4C 5H2, Canada
(416) 686 9899
January to April
Monday to Friday: 10:00 AM to 6:00 PM
Saturday & Sunday: 10:00 AM to 5:00 PM
May to December
Monday to Friday: 10:00 AM to 5:00 PM
Saturday & Sunday: By Appointments only