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
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.
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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“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.”
“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.”
“I would highly recommend SDG Accountant Ltd. as a complete and reliable tax filing return. The agency’s consistency and professionalism were far more superior then other firms I have dealt with before. Their attention to detail and commitment to each client is what sets them apart from other firms. I was very satisfied with their work ethic, and believe it would be very beneficial to any business or individual.”
“Sami and his firm have provided me with tax preparation and related tax counsel/advice for my business tax returns from 2013 through 2015 and maintaining my business books. He has been knowledgeable, reliable, efficient and demonstrated great integrity across the work he has done for me and my small business. He is also friendly and enjoyable to work with. I will continue to use Sami and his team for my tax and business needs and I highly recommend them.”
“SDG Accountant gets the job done quickly and with no hassles. When you want to maximize your return within the guidelines of the CRA, SDG is the right choice. They ask for all the information they’ll need up front, and once they have it, your return is ready in the next couple of days. Would highly recommend, I know where I’m going for tax year 2016!”
“I had an enjoyable experience with Sami and his team, while I was filing my taxes this past weekend. It was quick, professional, and worth the money as well. I filed them on Saturday and got my T4 summary emailed back to me the next day. I highly recommend SDG Accountant Ltd for your tax needs.”
“Sam, probably the most well dressed, professional, fast and easy accountant. He really did a great job at filing my taxes!”
“Sami at SDG Accountant was fantastic. He was very efficient and professional. He thoroughly answered all of my questions and was very knowledgeable. I would highly recommend him and the SDG CPA firm.”
“What a pleasant experience! So professional, timely and efficient. Sami was helpful and knowledgeable, he answered all my questions and concerns. Very happy with the outcome and will be returning!”
“SDG accounting is by far the best experience I have ever had. They are quick, knowledgeable and very efficient. I know that I will be going back to Sami and Andrew every year. They went above and beyond! I highly recommended anyone needing tax or accounting services to get in touch with these gentlemen.”
“Approached SDG for a CRA issue I was dealing with. I sat down at their downtown office and in a matter of a few weeks my issue was fully resolved. I cannot thank you enough for all of the help. I look forward to working with your team in the future if the need arises!!!”
“What Stands out about this firm is they’re very personable with their clients. As a dual citizen, I am limited in my options for firms who can handle both U.S. and Canadian returns and file them accurately. I approached SDG and they have a U.S. Tax lawyer on the team who works closely with their CDN office to ensure that foreign tax credits are being claimed properly. I am glad I found this firm as I will be looking forward to working with them for years to come!!!!”
“I approached SDG accountant for my accounting and tax needs. I run an online marketing company and wanted to get the best possible tax planning scenario. Sam sat down with me and listened to my goals and what I wanted to accomplish in the next few years. He worked out a strategy and gave me processes to help my business finances be more organized. As an owner of a small corporation, I can trust SDG to deliver professional services at a reasonable price. Thank you guys and I look forward to continued satisfaction.”
“Great Experience Working with SDG Accountant. Smooth Process with Effective, Timely and Professional Service. Would Highly Recommend them.”
“Amazing service!! I was impressed with the quality of service and professionalism. I would choose SDG Accounting over H&R Block any day… quick and easy nothing beats them!”
“The whole experience was amazing!! So timely, professional and efficient, Sami filed my taxes as soon as I had sent him all the necessary documents with zero hassles. He will certainly be my accountant in the next few years! Thank you!”
“SDG Accounting consistently helps me with my personal and small business accounting. It’s difficult to keep up with all my finances and I couldn’t appreciate the help more than I already do. Thanks a lot for the constant advice and returns.”
“I have been using the services from Sami as my accountant for years now, and he is an absolute lifesaver. He and his team at SDG Accountant helped me out of a messy situation from my previous accountant and my businesses are thriving now. Much more than just accounting, business and tax advice is second to none. I highly recommend SDG Accountant to anyone who is serious about their business and going to the next level.”
“Dear Sami and Andrew Thank you very much Gentlemen for being able to resolve my issues with the CRA. You’ll have been a very professional organization that treats clients’ issues very seriously and with respect. I am so glad that I found you’ll online, my previous company took so long and finally I just gave up on them. I and my wife thank you once again and wish you all the very best. Thank you once again.”
“By far the best tax experience I’ve had. SDG Accountant is an effective and efficient firm that offers professional yet personal service. They took the time and energy to make this an effortless process and got me back more than I could hope for. Very knowledgeable. I will be using them for years to come. Thanks!”
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