Canadian Tax Services

As an experienced Toronto CPA firm, SDG Accountant offers the best value in proactive tax planning and error-free taxation preparation for businesses and individuals. Our constant dedication to providing high-quality taxation services and outstanding customer support at affordable rates has won us a fine reputation for excellence. Find out why small businesses and individuals trust the SDG Accountant for Canadian tax services.

Personal Income Tax Preparation

Don’t be led to believe that the latest taxation software is all you need for accurate income tax preparation. Get the financial benefits of having a real taxation professional with years of experience to prepare your tax return.

SDG Accountant is an expert in preparing individual’s tax returns and is ready solve any issue you might have. We know that there are special requirements for each of our clients and appreciate that is why we provide tailored services. Our Chartered Professional Accountant has expertise in areas of accounting as well as taxation, therefore, all your taxation concerns can be directed to us.

Corporate Income Tax Preparation

Make sure your business is taking advantage of all available taxation breaks allowed per the Income Tax Act and let us help you comply with the Income Tax Act. We prepare corporate tax returns and will make sure your business never overpays through our strategic tax planning. We will adjust your financial statements for accounting purposes so they can be correctly entered in Schedule 100 (Balance Sheet) and Schedule 125 (Income Statement). We can E-File your corporate returns so they are delivered promptly. Some of our tax planning considerations for corporations involve calculating the optimal mix of salary vs. dividends, loss carry forward & carryback application, claiming and tracking Capital Cost Allowance (depreciation for tax purposes), section 85 rollover, winding up of a business, related and associated corporations, adding & removing shareholders, and acquiring/selling a business. We utilize tax credits and deductions in conjunction with a comprehensive tax planning strategy to minimize tax obligations for businesses and individuals.

T3 Trust Income Tax Preparation

Navigating the complexities of filing T3 Returns and managing estate taxes can be challenging. At SDG Accountant in Toronto, we specialize in assisting executors with these tasks.

Our services include:

Comprehensive guidance on filing T3 Returns.
Expertise in identifying and claiming eligible deductions and credits.
Support in managing multiple returns to minimize tax liabilities.

CRA Tax Problem Resolution

We confront CRA tax problems head-on! If you’re experiencing tax problems, contact us right away for assistance with filing back taxes, releasing a lien or levy, reducing tax penalties, and more. SALES TAX (PST, GST, HST)”

We can assist you in determining if you are required to be an HST registrant. We can help you determine your filing frequency based on your business needs. Choosing between quick and regular methods can affect the operating cash flows of your business. We can help to determine what is eligible to be used as an input tax credit and ensure you claim them to the maximum.

What is the Time Limit to Claim Your ITCS?

Registrants generally claim their input tax credits (ITCs) when they file their GST/HST return for the reporting period in which they made their purchases. However, you may have ITCs that you did not claim when you filed your return.

Most registrants can claim those ITCs in any future reporting period that is within four years of the reporting period in which the ITC could have first been claimed. The time limit for claiming ITCs is reduced to two years for:

listed financial institutions (other than a corporation that is considered to be a financial institution because it has an election in effect to have certain supplies deemed to be exempt financial services); and
persons with annual revenues from taxable supplies of goods and services of more than $6 million for each of the two preceding fiscal years.

How Long Should You Keep Your Books and Records?

As providers of Canadian tax services, We use books and records to refer to various documents detailing your income and expenses. Usually, you have to keep all sales and purchase invoices and other records for your business operations and GST/HST for six years from the end of the year to which they relate. However, we may ask you to keep the invoices for longer than six years.

For more information, see GST/HST Memoranda Series, Chapter 15 – Books and records.

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Users Feedbacks

Avoid the head ache of going to tax preparers who claim they file cross border us taxes and outsource it by adding an up charge or end up not filing them properly . Sam and his team are some of the best cross border tax professionals in the city. They really know their stuff. He also helped me file my busIness taxes as I own a barber shop.

Abdulrazak Youssf

I’ve used SDG for crossborder tax service the last 5 years, and I’m always thankful for the peace of mind working with their professionals.

Michael M

Sami and company are great!
I’m not the biggest fish in the pond, by any measure, but I was meant to feel that way by SDG. Everyone was very professional, timely and super-efficient. Sam provided all the answers that I needed to do the right thing, and look our for my needs with the clearest trajectory. No need to fear a bill out of the gate, initial consultations are free. Here’s who you want to trust, and where you want to be.

Mark Hajek

I found SDG online when I was looking to register my business and needed someone to help me get a better understanding of the different types of businesses (Partnership/Corporation etc), and tax details. I booked a call with them, and I spoke with Sami. He was very professional, he read the notes I had left when booking the call, he called on time, and answered all my questions.

Wissam Merhi

I highly recommend SDG Chartered Professional Accountant for their excellent accounting and tax services corporation. Mebby is an exceptional top-tier accountant offering unparalleled communication and highly efficient service. If you’re looking for someone who truly understands the needs of your business and delivers with precision and professionalism, look no further.

Viorica Bacalu

I had a great experience working with them. They helped me with incorporating a business and doing the financial due diligence on a company I wanted to purchase. They were very thorough and professional and helped me come to a decision I was comfortable with. I highly recommend SDG.

Chimere I

SDG provides exceptional accounting and financial services tailored to meet both individual and business needs. Their team is highly knowledgeable, professional, and attentive, ensuring that clients receive personalized advice and solutions. Whether it’s tax planning, bookkeeping, or financial consulting, SDG delivers accurate and timely results. Their commitment to client satisfaction and attention to detail set them apart, making them a trusted partner for achieving financial goals. Highly recommended for anyone seeking reliable and expert accounting services!

Sabrina Lee

I use this firm for my personal income taxes. They are thorough and they respond to emails in a very timely manner. It’s not evident which individual on the team you’re communicating with, or if it is even just 1 individual, because they sign their emails “SDG Team.”

Leslie Scholl

I rely on this tax firm every year for both my general tax submission and self-employment filings; they always deliver. They’ve helped me uncover valuable deductions and credits I wasn’t aware of, ensuring I get the maximum return and minimize any amount owed. Their turnaround time is incredibly fast, and they are always available to answer any questions I have along the way. I highly recommend their services. They are reliable, efficient, and knowledgeable tax professionals. Continued thanks!

M. Brayden Gray

I had a great experience working with Mebby on my income taxes this year. Not only did he help me get a larger return than expected, but he also caught things that were missed in previous years and made sure everything was done right. He was always available when I had questions and made the whole process smooth and stress free. Highly recommend!

Kyle Sutton

My husband have used SDG Accountants for our personal income tax returns for the past few years and we’ve always been pleased with their efforts – even when we reach out to them somewhat late, they work diligently to collect our information, and file our taxes on time. They make the process very easy and are very knowledgeable in answering all of our questions, and responding quickly. They make sure to get the best return for us which we appreciate.

Miriam Wilson

I’ve been working with this firm as a business owner, and they’ve been great to work with. Great experience working with Mebby, Laiba, and Sami. They’re professional and genuinely supportive. They take the time to explain things clearly and offer solid guidance tailored to my needs. It’s been a huge relief to have an accounting team I can trust as my practice grows.

Their support has made a real difference in how confidently I manage the financial side of my business, making it easier to show up fully and deliver quality work.

I was looking for a partnership that understood my vision. This is them. Highly recommend!

Atheesan M

This is the IRS representation based on my personal experience. I believe everyone needs it. Sam/SDG ACCOUNTANT helped me avoid a $20,000 late-filing penalty. This was a great relief. I’m very thankful and highly recommend this CPA firm.

Darwin Belotte

Went to SDG for an ITIN application, they are professional, speedy, and were able to help with my tax documents. Nicely done and thank you!

Adrian Ho

Sami and his team helped me with my corporate taxes this year- seamless experience overall. Very transparent throughout their process and always available to answer questions. Would definitely recommend! I will be back for more work with you guys!

Nav Arora

I’ve had the pleasure of working with Sami on multiple occasions and it’s always been the absolute best experience. I wouldn’t trust anyone else with my business. From the first on boarding call, I could tell he was extremely educated and professional. Highly recommend Sami and his team!

David Hutchinson

I’ve been using SDG for several years now, and the experience has been consistently excellent. They’re incredibly knowledgeable, detail-oriented, and always up to date with the latest tax regulations. Each year, they make the entire process smooth and stress-free, answering my questions promptly and ensuring everything is handled accurately. I truly appreciate their professionalism and reliability—highly recommended! Moving to the USA and will continue to use them.

Y J

SDG helped facilitate getting my ITIN number to allow me to work in the United States for my wife’s US Corporation. Thanks to SDG, their process was effortless for me and am very grateful for their assistance and would gladly recommend them to others seeking obtaining an ITIN number.

Douglas Walker

“Timely, Reliable and Knowledgeable service. I filed my taxes with Sami and his team and they provided the Next Day service of my return, which is incredible. Also, with the highest refund, I have seen on my taxes to date. I attribute this to their diligence and attention to detail. Very thankful I chose to file my Taxes with them and the fact that they communicated with me along the way.”

Ucal Ukes

“I switched from being an employee to an independent contractor and SDG was able to give me the right tax tips I needed… thanks team I will be coming back to you come tax time.”

Sam Faris