Ontario Income Tax Returns Preparation and Accounting Services

Individuals and corporations in Ontario may rely on Bomcas Ontario Tax and Accounting Services for high-quality tax and accounting. Our Accountants have extensive experience dealing with a wide variety of tax and accounting issues. Individual and Corporate Taxes Canada | U.S. Income Taxes | International Tax Services

 

Accounting ServicesContact Us
Home » Income Tax Services

Personal and Individual Tax Services in Ontario

Bomcas Accounting and Tax Professional offers a full range of tax services to individuals and corporations in Ontario and across Canada. In Canada, we are CRA Approved EFILERs and Professional Tax Accountants. We also offer cross-border tax services to our clients from the United States as well as international tax services. Our personal tax experts have dealt with a wide range of personal income tax issues and circumstances. Whatever your individual circumstance is, we will find a solution for you.

Our personal income tax consulting and filing services includes but not limited to:

  • Individual income tax and benefits returns for individuals;
  • Income tax returns for couples and families;
  • Income tax services for students;
  • Private tax preparation for self-employed persons;
  • Personal and business tax preparation for individuals with foreign income,
  • investment income, and/or rental income;
  • Personal tax return services for new immigrants or emigrants from Canada;
  • Non-resident income tax services;
  • Personal tax consulting and advising for non-residents and dual residents of Canada;
  • Income tax preparation services for deceased individuals;
  • Back filing personal income tax;
  • Voluntary Tax Disclosure and Tax Appeals;
  • Liaising with CRA and other officials as necessary;
  • Individual tax planning;
  • Tax compliance;
  • Asset protection;
  • Providing personal tax advice and consulting throughout the year for you and your family;
  • Integration of small business taxes to drive efficiencies.

Corporate and Small Business Services

We have a system in place that allows us to prepare correct Small Business and corporation tax returns for a fraction of the rates charged by the majority of accountants in Canada. We help with businesses of all sizes on corporate income tax planning, preparation, and filing at Bomcas Accounting and Tax Services for Small and Large Businesses/Corporation. By planning your organization for optimal future growth, you may avoid risk while generating value when work with our Business Accounting team.

Our Corporate and Business income tax consulting and filing services includes but not limited to:

  • Preparation and filing of corporate income tax returns (T2);
  • Tax compliance with all federal and provincial regulations;
  • US tax compliance;
  • Tax services for non-resident shareholders;
  • Tax services for Foreign Corporations in Canada;
  • Preparing of employee returns (T4s, T4As, and T5s);
  • Back Tax filing;
  • Tax disclosure and tax appeals;
  • Liaise with the CRA;
  • Income tax planning and tax strategy;
  • Tax services for reorganizations and amalgamations;
  • HST/GST and sales tax filings;
  • Compensation planning;
  • Tax advisory services;
  • Remote services for online corporate tax preparation.

International & Canadian Cross Border Tax Services

Accounting and tax professionals at Bomcas Canada advise individuals and businesses on a wide range of inbound and outbound tax issues, including, among other things, structuring initial overseas investments, financing international operations, cross-border transactions, global effective tax rate management, and business re-structuring.

We help individuals and property owners in the United States and Canada understand and plan for tax concerns. If you are a snowbird, work abroad, or have foreign investments, contact us about international tax services and tax preparation. For many years, businesses and individuals in Canada and the United States have depended on our combined knowledge.

It is critical to plan ahead of time if you are an American going to Canada or a Canadian traveling to the United States in order to reduce taxes. Our cross-border tax services are designed for both individuals and businesses. We create customized tax planning that reduces your overall tax payments by reducing double taxation while maintaining complete compliance with the IRS and CRA. We can design a cross-border corporate structure that will lower overall tax burden for firms wanting to relocate and conduct business across the border.

General Accounting & Tax Services

Personal Tax Services

Bomcas Accounting and Tax Services in Canada offers personal tax services to clients in order to help them manage their personal and family wealth through strategic tax and financial planning.

Complete a GST/HST Return

When you file these electronically, the Canada Revenue Agency (CRA) now requires you to specify whether your income is from exempt or zero-rated goods, as well as sales from your linked organization.

Back Taxes, Unfiled Tax Returns

Our taxation services for individuals and businesses, including CRA audits, insolvency, back taxes, tax planning and assistance, and other services, can help you avoid making costly mistakes in the future.

Income Tax Preparation

Our tax professionals make taxes straightforward for you. File your tax return from wherever you are, and we’ll ensure you the most refund possible. You can file it in person, online, or by mail.

Small Business Accounting

We provide everything you’ll need to keep your business running smoothly. Accounting, strategy planning, payroll administration, cash flow management, bank financing, and other related services

Cross Border Tax Services

Our cross-border tax specialists are available to assist individuals and businesses with their tax issues. With us, you can rest assured that your cross-border taxes will be completed correctly the first time.

Sole Proprietorship Tax

Sole Proprietorship/Self- Employed. Your proprietorship or self employed income is reported along with any personal income on a T1 Income Tax Return. Our Tax Accountants are available

Corporation income tax return

To submit corporate income tax, you must file a tax return with the Canada Revenue Agency (CRA). Using your business number, you file your provincial corporate income taxes along with your federal income tax return.

Real Estate Accountant

Rental income must be reported in order to correctly complete and file your annual tax return. Our Real Estate accountants will assist you in maximizing any potential write-offs or benefits available to you.

R

Dedicated Tax Accountants

With your taxes in our Accountant’s hands, you can rest easy knowing that you have a tax expert on your side who is conversant and knowledgeable about all of Canada’s tax regulations.

R

Full-Service Support

Throughout the year, your Tax Accountant will advise you on tax methods that will help you save thousands of dollars. As well as all of the best practices. Your Accountant will work hard to secure you the largest possible return.

R

No Hidden Cost

Your initial fee will be communicated to you. Many of our services are flat-rate or vary in price depending on their complexity. There will be no surprises on your bill, no matter how frequently you contact us. You only pay for work that has been completed.

Service Area in Ontario Canada

Accounting, Bookkeeping, Payroll, Farming, Personal & Corporate Tax, Income Tax Preparation are all services provided by Bomcas Canada. Here is a list of Ontario locations where we provide services. Please keep in mind that we can supply all of our services remotely and online to all of Ontario and all of Canada.

(780) 667-5250

Talk with a Tax Accountant Today

Ottawa Personal Tax Accountant: Your Trusted Advisor for Tax Preparation and Consultation

Ottawa Personal Tax Accountant: Your Trusted Advisor for Tax Preparation and Consultation ‍Are you feeling overwhelmed by the complexities of personal tax preparation? Does the thought of filing your taxes send shivers down your spine? Look no further! BOMCAS Canada...

What is the Ontario Trillium Benefit?

If you live in Ontario and meet certain requirements, you may be eligible for the Ontario Trillium Benefit. Eligibility is determined by the amount of income that you and your family made in the previous tax year. This amount may change if your family's net income or...

How to Choose the Best Tax Preparer in Toronto, Ontario Canada

Choosing the right tax preparer can make or break your taxes. It is important to know what you want out of the service, and who will be able to offer it, before you make your decision. There are many factors that go into choosing the best tax preparer for you that...

Understanding the Ontario Canada Tax System and Tax Preparation

Understanding the Ontario Canada Tax System and Tax Preparation There are a number of tax benefits available to you as a business owner in Ontario. You can visit www.taxontario.ca , www.bomcas.ca for more information on these benefits or call us at 1-780-667-5250 if...

How to Choose the Best Tax Preparation Service for Your Needs in Toronto

Preparation services can be categorized as either do-it-yourself or paid service. To decide which one is the best option for you, consider the following factors: Do you need help with your tax forms? Do you need to file a business and personal return? Do you want to...

The Best Toronto Tax Preparation Services for Your Business

The best Toronto tax preparation services for your business will offer the following: - Tax return preparation - Business consulting - Financial forecasts for future growth of your business - Tax strategy and planning consultations - Registered Tax Preparer Tax...

Small businesses must avoid overinvesting in technology at all costs.

Technology has altered the world in recent years, achieving a spectacular level of efficiency and effectiveness in performance, as well as a huge improvement in the accuracy and trustworthiness of information. We have all observed this transformation firsthand. Modern...

The Income Tax Implications of Cryptocurrencies in Canada

The definitions of cryptocurrency transactions are as follows:If you are new to cryptocurrencies and are reading this piece, we recommend that you first read our easy Cryptocurrency primer to ensure that you understand the vast majority of the terms mentioned in this...

How to setup a corporation in Canada?

Determine whether or not you need to incorporate your company.People frequently incorporate their businesses without thoroughly examining all of the considerations involved. One of the various legal choices for conducting business is the incorporation of a company....

2020 U.S. Individual Income Tax Returns – Deadline extended by IRS

The deadline for submitting individual income tax returns in 2020 has been extended by the Internal Revenue Service. The Internal Revenue Service (IRS) has extended the deadline for filing Individual Income Tax Returns for 2020 for taxpayers in the United States....

Send a Message

Step 1 of 4

Contact Information

To clarify, you may complete all your accounting and tax services entirely online with us, eliminating the need for you to travel to our office or take time away from work, among other things. You can also contact us and we will be pleased to assist you with any of your accounting and tax needs.

Call: 780-667-5250
Fax: 780-851-2520
Email: info@bomcas.ca