Taxation | Personal Taxation | Corporate Taxation |
Canada Revenue Agency Representation

Taxation
One estimate puts the Income Tax Act at 4,000 pages, plus 80,000 more pages to explain it!

All employees at The Accounting Place have received the Distinguished Financial Advisor (DFA) designation as Tax Services Specialists. This designation is your assurance that our staff is proficient and required to stay current on changing legislation, regulations, procedures and policies.

Planning is essential to achieve long-term success of your business and wealth creation objectives. Tax planning is something that is not always a priority when you are trying to manage and run your day-to- day personal or business affairs. The fact is, we all pay tax and we all retire. The Accounting Place can help you manage your taxation affairs, relieve some stress and maybe pay less tax along the way.

Personal Taxation
Completion of your personal tax return every April can be a concern and a source of stress for every Canadian. The Accounting Place specializes in STRESS RELIEF. No matter how simple or difficult your tax return may seem, The Accounting Place can eliminate the stress associated with your return.

The Accounting Place uses the latest in tax information and preparation software, combined with an extensive electronic database to ensure that you pay only what you have to, not a penny more. During tax season, our hours of operation are flexible to accommodate everyone. Tax returns are usually completed and available for your signature within two business days. Even if you think you do not have to pay any taxes, it is still to your advantage to submit a tax return. Various refundable credits are available to Canadian taxpayers such as Provincial Tax Credits, GST Rebates and Child Tax Benefits.

Corporate Taxation
Corporations registered to operate either federally or provincially are required to file a tax return to Revenue Canada and EACH Province that they operate in. Any taxes owing must be paid within 90 days of the Corporation's fiscal year-end. Tax returns, along with complete financial statements, must be completed and filed within 6 months of the fiscal year-end.

The Accounting Place, with the latest versions of tax preparation software and access to extensive databases, ensures that your corporation will take advantage of every deduction available. In addition, corporations and businesses operating in Canada are required to file returns for the Goods and Services Tax, Harmonized Sales Tax and Provincial Sales Tax. These returns are filed on a schedule determined by Revenue Canada or the appropriate Provincial Authority and may be required monthly.

Canada Revenue Agency Representation
Dealing with the Government can be difficult at any time. It can become very stressful and sometimes confusing when dealing with the Canada Revenue Agency. The purpose of Canada Revenue Agency is to enforce the laws and collection policies of the
Department of Finance, as determined from the interpretation of the laws applied by the legislature.

The Accounting Place can help you with this difficult time. We deal with Canada Revenue Agency on a daily basis. We speak their language. We understand what they are to accomplish as well as what you want to accomplish. We know the rules. We are not intimidated as sometimes happens when taxpayers deal with Canada Revenue Agency.

One of the most common mistakes made with Canada Revenue Agency is assuming that CRA is correct. This is not the case. Most of the time, there is a miscommunication between the taxpayer and Canada Revenue Agency. The Accounting Place can assist you during the sometimes-stressful communications with Government Agencies and Departments.