While many tax accountants in Toronto offer general tax return services, we focus exclusively on situations where things have gone off track:
Sam Faris and our team have helped clients in all these scenarios — across all industries — file successful disclosures and avoid severe penalties. Whether you're an incorporated business or a self-employed individual, we’ll build a clear action plan that fits your case.
Canada’s tax system comes with its own set of rules, benefits, and challenges, distinct from many other jurisdictions. For individuals, this means navigating a progressive personal income tax structure, with both federal and provincial components, along with key tax credits like the Canada Workers Benefit, GST/HST credit, and tuition or medical expense deductions that can significantly reduce tax liabilities.
Strategic use of personal tax deductions—and understanding personal marginal tax rates—can make a measurable difference in annual returns. Programs such as the disability tax credit also play an important role for eligible individuals. In many cases, working with our experts can help identify deductions and credits that might otherwise be overlooked.
For businesses, especially small and incorporated entities, compliance includes federal and provincial Canadian corporate taxes, GST/HST remittance, and keeping up with evolving CRA guidelines. Capital investments can be offset through capital cost allowance claims, while digital entrepreneurs can benefit from e-commerce tax deductions that apply to online sales, advertising, and digital tools.
Strategic opportunities like the Small Business Deduction and Scientific Research and Experimental Development (SR&ED) tax incentive program offer meaningful ways to reduce your tax burden, but only if managed properly and in line with current taxation policy.
Understanding these unique features isn’t optional; it’s essential. Our expertise is rooted in helping clients make sense of it all, ensuring compliance while optimizing every available credit, deduction, and incentive—whether personal or business-related.
Navigating the Canadian tax system can be complex, but our licensed CPAs are here to make it straightforward. We specialize in preparing personal tax returns for individuals from all walks of life—including immigrants and long-time residents—offering strategies that reduce tax liabilities and enhance your tax refund.
Our tax planning services are designed to uncover every eligible credit and deduction, from childcare expenses to student loans, providing you with a meaningful financial boost. We stay current with tax compliance requirements, so you don’t miss a thing. Whether you're planning ahead or catching up, we help you make the most of your return.
Business owners face a wide range of tax considerations that go beyond basic filing. We provide specialized corporate tax services tailored to your specific industry, business structure, and growth stage. Whether you're a sole proprietor, incorporated professional, or managing a team of employees, we help you stay compliant with your tax obligations while optimizing for efficiency and savings.
Our approach includes proactive tax planning and strategic guidance around tax deductions, TFSA contributions, and the lifetime capital gains exemption—key tools that can significantly impact your financial position. We also support clients in understanding and managing employee stock options, import/export tariffs, and sector-specific regulations, especially in fast-evolving spaces like e-commerce.
For e-commerce sellers, we offer targeted advice around inventory management, international tax rules, and digital sales taxes. And for all business owners, we make tax season simpler with a comprehensive tax filing checklist, so you always know what to prepare and when.
To keep things streamlined and accessible, we work with cloud-based accounting software that allows for real-time collaboration, accurate reporting, and efficient year-end filing. Whether you're just getting started or scaling up, we’re here to make sure your tax strategy supports your business goals at every step.