CORPORATE TAX for small business

As a small business accounting firm in Toronto, we offer a wide range of accounting and tax services to meet the needs of your business. We understand that corporate tax is a complex and highly technical area of expertise. Whether a company is a small start-up business or multi-million dollar entity, each business has it’s own unique tax filing requirements and tax-saving opportunities. We will guide you and your business through the various corners of the Canadian tax system.

We offer the following corporate tax services:

  • Corporate tax return (T2) preparation
  • Corporate tax planning
  • Holding company structuring
  • Salary vs. dividend consideration
  • Income and capital tax minimization
  • GST/HST return filing

PERSONAL TAX SERVICES

Personal tax can be straight-forward in some situations; however, for many individuals it is a complex and highly technical area of expertise. Whether someone is self-employed or has a variety of income sources such as rental properties and dividend-paying equities, each taxpayer has their own unique tax filing requirements and tax-saving opportunities. We will guide you through the various corners of the Canadian tax system.

We offer the following personal tax services:

  • Personal tax return (T1) preparation
  • Personal tax planning
  • Sole-proprietorship tax assistance
  • Rental property tax assistance
  • Personal income tax minimization
  • CRA audit assistance
Your proprietorship or self employed income is reported along with any personal income on a T1 Income Tax Return. The tax filing deadline for a proprietorship is different. Self employed individuals, such as sole proprietors, have until July 15 to file, however, any tax owing must still be paid by April 30th. Your deductions can include home office, vehicle and all other business related expenses. Our team will discuss your proprietorship tax reporting options.

You need to provide (1) SIN card, (2) one photo certificate, (3) NOA of last year, (4) Current year T-slips, (4) Bank Account Number, (5) Lawyer Documents of property trade (if applies), (6) some other documents if applies.

To make a no obligation, free appointment, call WPE directly on (416)788-8682.