If your business in Canada earns more than $30,000 from taxable goods or services, you need to register for HST and file your taxes. We can assist you with this process, ensuring you file on time to avoid penalties for late or missed filings. Whether you're a Canadian resident or non-resident, we can aid you in filing your Harmonized Sales Tax returns. Our experts will collaborate with you to maximise your HST savings.
The Canada Revenue Agency manages taxes, credits, and benefits. Benefits such as the Canada Child Benefit and GST/HST credit are provided to individuals with lower incomes. Canada offers various federal and provincial/territorial benefits. Students can also claim tax credits for their tuition fees. Understanding these benefits is important, and we're here to help you comprehend them! If you have any questions or concerns, feel free to reach out to us.
You might face a tax audit, which occurs when the government scrutinises your financial information. Problems can arise when people claim excessive expenses, deductions, or fail to report income accurately, especially from other countries. Eminent Tax Solutions Inc. is available to assist you before, during, and after the audit. We support clients throughout the audit process, communicate with the CRA on their behalf, and find solutions to any tax issues that may arise.
Do you encounter challenges in preparing your individual tax returns? Are you dealing with concerns about deadlines, timely payments, deduction claims, or checking refund statuses? Our team is dedicated to reducing the stress associated with the tax process. If you're unsure about eligible exemptions, we offer high-quality services to address your queries and alleviate any apprehensions about self-filing. Our primary goal is your satisfaction, guaranteeing the accuracy and confidentiality of your personal information.
In Canada, rental income is taxable, and our expert team is ready to offer comprehensive assistance in identifying deductible expenses and optimising tax returns related to rental properties. The tax implications of your rental property depend on the ownership structure, whether through personal ownership, partnership, or corporation. Our services extend to efficiently handle the filing requirements for all types of rental income.
We specialise in providing comprehensive business services, including expert assistance with business taxes and incorporation. Our suite of services includes:
Our commitment is to provide tailored solutions that address your specific business needs, ensuring compliance, minimising liability, and maximising financial efficiency.
If you want to save money on taxes, it's beneficial to take steps to reduce what you owe. Team Eminent Tax Solutions is here to assist with tax planning for both individuals and businesses throughout the year. To ensure you get the most benefits, it's crucial to plan ahead with the help of a professional. You can schedule an appointment with us for assistance in planning your taxes." Please review these revisions and let me know if there are any specific areas you would like further adjustments made to.
