Personal Accounting Services
Don't worry about your personal taxes we take care of them
Do you find yourself at a loss while sorting through the complexities of Canadian Tax laws?
Don’t stress, we’ve got your back. At QuickTax and Accounting we provide boutique services to help reduce your income tax, support your financial goals and give sincere advice for your wealth building plans.
Happily serving over 1400 clients from different professional backgrounds
Our Business Services
T1 Personal Income Tax Returns
Your personal tax advisor will review your unique circumstances and help you manage your financial lifestyle as wisely as possible. We make sure that our clients are complying with all the tax laws and at the same time benefiting from tax credits available to them in order to increase their overall wealth.
Self-Employment and Business Income
If your Canadian business is a sole proprietorship or a partnership, our accountants will help you complete the T1 Business Income Tax Form which is part of your Personal Income Tax form. Since the tax percentage changes with income brackets, we take care to minimize your deductions at every stage so that you can maximize your net worth.
Capital Gains and Investment Income
Our tax professionals can determine what works best in your specific situation. In general, investors pay capital gains tax on 50% of the realized capital gain amount. Other forms of investment income are interest and dividends. Interest income is 100% taxable while the dividend income is eligible for a dividend tax credit.
Rental Income and Expenses
If you own a rental property, the net income you get from there is taxable – but not all of it. Your personal tax consultant can help you reduce your taxable rental income by identifying specific deductible expenses including general maintenance and repair costs, water rates, council tax and gas and electricity bills.
Retirement and Pension Income Splitting
Our professional tax advisors can help you lower your payable tax by incorporating the little known Pension Income splitting scheme. If you’re the higher-income spouse, you can share up to 50% of eligible pension income with your spouse and make considerable savings on your pension.
Business Tax Consulting
Whether you are looking to buy a home, start a business, or plan your children’s future – our experienced consultants offer their best tax and accounting advice in order to improve your financial health and help you strategize better for the future.
We have multiple options to help you file your taxes conveniently
Drop In
Drop by at our office on Lonsdale Ave to connect with one of our consultants and get going.
Drop Off
Drop off your documents at our office and we will get back to you within a day to discuss the next steps.
Online Processing
Reach out to us over email. Send us the required documents and let us handle the rest.