At Discount Income Tax Services our aim is to make sure to always look out for the best interest of our clients by making sure you don’t overpay on your income tax or by making sure you receive the highest amount refund that you could possibly get. In addition, we are not limited to just preparing your income taxes around tax season, we are open all year round and we also advise you on how to maximize your tax return for upcoming tax year.
Moreover, it is understandable that people can fall behind on filing tax returns, we will gladly help you prepare your tax returns for the maximum allowable time of 10 years back
We prepare personal tax for:
Employed
Sole-proprietors
Rental property owners
Small business owners
Commission employees
Home-based business owners
The services we provide include:
Instant tax refund
Tax return adjustments
Tax audit assistance
Tax disputes and solutions
Tax payment plan
Final returns
BUSINESS AND CORPORATE TAX
As a self-employed or a business owner the CRA allows you to claim many expenses. Stop by our location to have your tax documents reviewed. We offer affordable tax filing.
For incorporated businesses we offer:
Corporation tax Payroll
T4 slips preparation
Financial statements preparation
Registration of businesses
HST registration
HST returns and reports
Assistance with WSIB
Opening, renewing and closing businesses
Incorporate, activate and dissolve corporations
Assistance with CRA/CRA representation
INCORPORATED TRUCK DRIVERS
As a truck driver there are quite a few of tax deductions that you can claim in order to pay less taxes. When expenses are not reimbursed by the company, we advise truck drivers to keep all their receipts. Some of the expenses you can claim are: * Meal expenses * Lodging and showers * Cellphone The list of expenses truck drivers can claim is quite extensive. At Discount Income Tax Services we have an extensive experience preparing taxes for long-haul truck drivers, we will gladly help you navigate through your documents and make the process easy for you.
TAX TIPS FOR TRUCK DRIVERS: 1) Create a payroll account and pay yourself. 2) Open a business bank account for your corporation. 3) Receive your payments in your business banking account. 4) Make your trucking related purchases under your corporation.