INDIVIDUAL T1 TAX PREPARATION

Author: Mock Webware |

With years of tax return preparation experience, we welcome the opportunity to assist you with the preparation of your Personal (T1) returns.

T1 RETURNS INCLUDE:

Business Consulting Lethbridge
  • Residents of Canada for part or all of the year
  • Individuals receiving income from employment, investments and private or government pensions
  • Children who earn money through babysitting, paper routes, etc
  • Terminal returns for individuals deceased during the year
  • Optional returns for deceased individuals (based on the facts in each situation)

We are proficient in providing the following services relating to your tax filing:

DURING TAX SEASON

  • Gathering of slips and documentation and an analysis of your personal tax situation to ensure that no claim has been overlooked
  • Preparation of entire family’s returns (including spouse and children)
  • Preparation of your HST return if you are self-employed
  • Optimizing family income splitting
  • Timely filing of elections
  • Electronic filing of returns
  • Preparation of Foreign Income Verification Statement if applicable

AFTER-TAX SEASON

  • Verification of accuracy of Notice of Assessments
  • Preparation of adjustments to previous years’ filings as required
  • Handling of correspondence with CRA in the event of an e-file audit or pre-assessment review
  • Communicating with CRA on a variety of issues requiring immediate attention
  • Paying installments for clients who are out of the country
  • Ongoing discussions with clients regarding tax planning strategies that may present themselves throughout the year

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