FAQs

How to incorporate a business?

Incorporating a business involves several steps, including choosing a business structure, registering your business name, and filing necessary documents. AccTax provides expert guidance to ensure a smooth incorporation process and compliance with legal requirements.

Strategies like income splitting, spending management, and leveraging tax benefits are all part of an effective corporate tax planning strategy. While
adhering to CRA requirements, AccTax guarantees that your company minimizes liabilities.

If your annual revenue exceeds $30,000, you must register for and charge GST/HST. AccTax can help with registration, filing, and compliance to streamline your operations.

When are tax filing deadlines in Canada?

The tax filing date for most of the individuals is April 30 of each year. But if you or your spouse/common-law partner work for yourself, the deadline is
extended to June 15; however, you still have to pay the remaining amount by April 30.

You can be eligible for deductions for things like medical costs, tuition, childcare costs, the RRSP contribution deduction, and more. To maximize
your refund, AccTax’ professionals make sure you claim all applicable deductions.

Yes, you can file taxes for up to 10 previous years. If you missed filing earlier, our team can help you navigate the voluntary disclosure program to avoid
penalties.

The complete list of our services can be accessed here. 

How does the tax filing process work at AccTax ?

● Consultation: Share your financial details with AccTax .
● Document Preparation: We compile and review all necessary forms and receipts.
● Filing Submission: Your taxes are filed electronically, ensuring accuracy and speed.
● Follow-Up: We assist with any CRA correspondence, audits, or clarifications.

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