Category: YEG ACCOUNTANT

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Accountant in the Park Accounting Alberta Accountant Blog Alberta Accountant Services Alberta Accounting Firm Alberta Bookkeeping services Canada Tax Services Canada Virtual Accounting Firm Edmonton Accounting Firm Edmonton Alberta Accounting Firm Edmonton Alberta Bookkeeping Services Edmonton Tax Accounting and Bookkeeping Services Other Accounting Services Personal income tax Sherwood Park Tax Accounting and Bookkeeping Services Small Business Accounting and Taxes Services in Edmonton Alberta Tax Tax Accountant Sherwood Park Tax Accounting and Bookkeeping Services Tax Preparation Sherwood Park YEG ACCOUNTANT

Get free tax help for your small business

In-person support to help you save time and money

The Canada Revenue Agency (CRA) offers free one-on-one visits or group seminars for small businesses and self-employed individuals across Canada through its Liaison Officer service. During a visit or seminar, the liaison officer will:

  • help you better understand your tax obligations and possible tax deductions
  • show you how to avoid common errors
  • give you an overview of helpful tools and services

The liaison officer will also provide recommendations on how to strengthen your bookkeeping system and, if you’re meeting one-on-one, offer to review your books and records.

Original Source: https://www.canada.ca/en/revenue-agency/campaigns/small-business-tax-help.html

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Accounting Edmonton Accounting Firm Edmonton Alberta Accounting Firm Edmonton Tax Accounting and Bookkeeping Services Income Tax Preparation Service Edmonton Alberta Income Tax Preparation Service Sherwood Park Alberta Incorporate Sherwood Park Accountants Other Accounting Services Personal income tax Sherwood Park Tax Accounting and Bookkeeping Services Tax Tax Accountant Sherwood Park Tax Accounting and Bookkeeping Services Tax Preparation Sherwood Park YEG ACCOUNTANT

Edmonton and Sherwood Park Trust income tax

Services and information

Trust Income Tax Return

Determine whether a trust should file a Trust Income Tax Return (T3), and where and when to a file a T3.

Trust Information returns – slips and summaries

Determine when a trust has to complete and distribute T3 slips, filing methods for T3 slips, and due dates.

Trust types and codes

Differentiate between testamentary and inter vivos trusts, and get the code numbers for different types of trusts.

Specified investment flow-through trust income and distribution tax

Determine what a SIFT trust is, and get the tax calculation formula for SIFT trusts.

Original Source: https://www.canada.ca/en/services/taxes/income-tax/trust-income-tax.html

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Accountant in the Park Accounting Alberta Accountant Blog Alberta Accountant Services Alberta Accounting Firm Canada Tax Services Canada Virtual Accounting Firm Edmonton Alberta Accounting Firm Edmonton Tax Accounting and Bookkeeping Services Income Tax Preparation Service Edmonton Alberta Income Tax Preparation Service Sherwood Park Alberta Incorporate Sherwood Park Accountants Other Accounting Services Personal income tax Sherwood Park Tax Accounting and Bookkeeping Services Tax Tax Accountant Sherwood Park Tax Accounting and Bookkeeping Services Tax Preparation Sherwood Park YEG ACCOUNTANT

Sherwood Park and Edmonton Alberta Corporation income tax

Services and information

Corporation income tax overview

Summary of corporation tax rates, provincial and territorial corporation tax, and tax credits.

Corporation tax rates

Get federal, provincial, or territorial rates, and learn when to apply the lower or higher rate.

Provincial and territorial corporation tax

What’s new for corporations, reporting tax and claiming credits, and related forms and publications.

Federal tax credits

Federal income tax credits you may be eligible to claim.

Record keeping

Determine what constitutes a record, learn your responsibilities, and information about different types of records.

Dividends

Designation of eligible dividends, information about Part III.1 tax, and general and low-rate income pools.

Corporate tax payments

Paying instalments, paying your balance of corporation tax, and prepaying reassessments.

Reassessments

Request a reassessment of your T2 return, and learn the time limits for a reassessment.

Transfer pricing

International transfer pricing, including transfer pricing memoranda.

Foreign spin-offs

Foreign spin-offs for Canadian shareholders of foreign corporations.

Original Source: https://www.canada.ca/en/services/taxes/income-tax/corporation-income-tax.html

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Accountant in the Park Accounting Canada Virtual Accounting Firm Income Tax Preparation Service Edmonton Alberta Income Tax Preparation Service Sherwood Park Alberta Incorporate Sherwood Park Accountants Other Accounting Services Personal Income Tax Return Accountant Edmonton Alberta Professional Tax Accounting Services Edmonton & Sherwood Park Alberta Tax Tax Accountant Sherwood Park Tax Preparation Sherwood Park YEG ACCOUNTANT

Personal income tax

Services and information

Doing your taxes

This page sets out everything you need to know to do your taxes.

Your tax obligations

Determine your tax obligations and whether you need to file a tax return.

Tax slips

Review the slips you may receive from your employer, payer, or administrator.

Personal income

Determine what has to be reported as income on your personal income tax return.

Tax deductions, credits, and expenses

Claim tax deductions, credits, and expenses to reduce the amount of tax you must pay.

Tax refunds

Check the status of your refund, and when you can expect to receive your refund.

Tax payments

Make a tax payment, get information on paying by instalments, paying arrears, and payment arrangements.

Notices of assessment

Understand your notice of assessment (NOA) and find out how to get a copy.

Personal income tax rates

View the current and previous years’ tax rates for individuals.

More personal income tax

Get additional information about filing your personal income tax.

Original source: https://www.canada.ca/en/services/taxes/income-tax/personal-income-tax.html

What is Income Tax Preparation?

You provide us with your tax forms and documentation, and our tax experts will take it from there. They’ll ensure everything is in order, prepare, review everything with you, and then file your taxes for you. You get to sit back and relax, knowing your taxes are in expert hands.

SHERWOOD PARK PERSONAL TAX MADE EASY

EXPERT HELP

Our tax professionals are experts in the ever-changing tax laws and benefits, as well as the nuances of your specific tax situation. Rest easy knowing your taxes are done right every time.

ONLINE ACCESS

Upload your documents to our Secure cloud-based application. Take it easy as we prepare, review, and file your tax forms.

YEAR-ROUND SUPPORT

Even if it’s not tax time, we’re always available to answer your questions as it relates to your Tax and accounting.

TALK TO AN EXPERT NOW

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BOMCAS LTD Accounting and Tax Services

Edmonton and Sherwood Park Personal Income Tax Preparation and Filing Services

At BOMCAS Sherwood Park, Edmonton Accounting and Tax Services, our tax experts are dedicated to remaining current with the constantly changing Canadian tax laws. We take the time to understand the unique situation of each of our clients and ensure they are following the latest tax laws, while paying the least amount of tax possible.

  • Individual Canadian Tax Return Preparation
  • Personal Tax Planning
  • Immigration and Emigration Tax Planning
  • T3 – Trust Income and Information Return
  • Final Income Tax Returns for Deceased Taxpayers
  • Estate Planning
  • Voluntary Disclosures for unreported income or information forms not filed

Edmonton and Sherwood PARK Corporate Income Tax Preparation and Filing Services

At BOMCAS Accounting & Tax Services we bring our tax expertise to assist both domestic and multi-national corporations with services that include, but are not limited to:

  • Corporate income tax returns
  • GST/HST compliance
  • Financial statement preparation
  • Tax dispute resolution consultations
  • Assistance with design & implementation of international tax programs
  • Payroll planning and remittance – domestic and cross-border
  • Tax treaty review

Edmonton and Sherwood Park Bookkeeping Services

We provide continuing bookkeeping maintenance in the background while you focus on your core business operations.  As experienced bookkeeping and tax professionals, we’ll help you with all the data entry and bank reconciliations that are required, all on a remote basis. Contact us today and see how we can help you.

Edmonton and Sherwood Park Payroll Accounting Services

Our bookkeeping advisers provide Canadian payroll processing services for growing businesses, assisting in government remittances and year end T4 filings. With years of experience, our experts have the knowledge and expertise and qualification needed to handle any situation.

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Accountant in the Park Accounting Alberta Accountant Blog Alberta Accountant Services Alberta Accounting Firm Canada Tax Services Canada Virtual Accounting Firm Edmonton Accounting Firm Edmonton Alberta Accounting Firm Edmonton Tax Accounting and Bookkeeping Services Income Tax Preparation Service Sherwood Park Alberta Incorporate Sherwood Park Accountants Other Accounting Services Personal income tax Sherwood Park Tax Accounting and Bookkeeping Services Tax Tax Accountant Sherwood Park Tax Accounting and Bookkeeping Services Tax Preparation Sherwood Park YEG ACCOUNTANT

Edmonton and Sherwood Park – Income tax filing and payment dates: CRA and COVID-19

Penalties and interest will not be charged if the deferred payment requirements are met by September 1, 2020. Penalties and interest relief will be considered on a case-by-case basis for income tax balances that are not covered by the COVID-19 relief provisions described below.

Note: some taxpayers may have received a Notice of Assessment that says the deadline for payment is April 30, 2020, which is incorrect.

Due dates for:

Original Source : https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update/covid-19-filing-payment-dates.html