Filing your Canadian tax returns has never been easier. We’re going to show you how simple it can be and how our new online service takes all the hassle and guess work out of the process.
The Process Is Straightforward
Canadian employers are required by law to provide you with a T4 form which is mailed out between January and March. These forms summarize your total Canadian earnings and deductions for the taxation year. You can get the forms from any Canada Post office and make sure to pick up a step-by-step guide while you’re there! You can also download the form from the Canada Revenue Agency website for the province where you worked. You simply mail off the completed form by April 30th.
Do You Need Some Help?
While the process is simple, filling out the forms may not be. Residents must claim their total world income while non-residents do not, however non-residents can claim the same basic personal exemption if over 90 per cent of their income came from Canada. It’s even harder to calculate if you only worked in Canada for a portion of the year, in which case your exemption is on a pro rata basis. While it’s simple to find help online, the trouble is that the advertised rates of some companies are usually for one annual personal tax return and additional fees are charged for complicated returns.
Smart People Know They Can Use Help
Even if you find doing your own returns a cinch, wouldn’t you hate to miss an exemption and pay more than you should? When you hire one of our professional tax preparers, you’re not just hiring a monkey to put numbers into boxes. It takes the average person over 20 hours to file their own return – that number increases to over 30 hours if businesses or rental property returns are included – and handing this work to a tax preparer is a smart move if your time is worth more to you that the preparer’s fee.
You Should Pay For Direction And Advice
To justify the fee, you should endeavor to find a tax preparer who is abreast of current tax trends and changes. Internet review sites can be a good way to check a company’s background but these sites are open to abuse. A personal recommendation from someone you know and trust might be your best bet. You need a firm that will educate you about all available deductions and show you how to minimize your tax exposure.
See What We Can Offer!
We are Chartered Accountants of Canada and are E-File certified. You can apply to have us professionally complete your tax returns to the highest standards and trust that your return gets filed on time and without error. We use Citrix ShareFile, one of the world’s most secure file-sharing solutions for sharing sensitive documents with you and you can pay via Paypal for total fraud protection. Our package rates of $50 per student and $100 per employee are extremely competitive and have no hidden fees. Simply fill out our secure and encrypted website form for a no-obligation quote today!
Zaid Al-Mulla, MAcc, CPA, CA
zaid.almulla@almullacas.com
