Online Accounting & Tax Services Ottawa Ontario

Our online accounting and tax services are available to individuals and businesses in Ontario. Bomcas Canada Online Tax and Accounting Services can be relied on to give high-quality tax and accounting services to clients. Our Accountants have extensive experience dealing with a wide variety of tax and accounting issues. Individual and Corporate Income Taxes in Canada | Individual and Corporate Income Taxes in the United States | International Tax Services

 

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Personal and Individual Tax Services in Ontario Online

Bomcas Canada Online Accounting and Tax Professional provides a comprehensive variety of tax services to individuals and businesses in Ontario and across Canada. We are CRA Approved EFILERs in Canada, and we offer Professional online Tax Accountants services. We also provide all of our accounting and tax services remotely and online throughout Canada, including cross-border tax services for our clients in the United States and overseas tax services. Bookkeeping, payroll services, and GST/HST preparation and filing are all available. Our personal tax professionals have handled a wide range of personal income tax concerns and conditions. Whatever your specific situation 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 Available Online

We have implemented a system that enables us to prepare accurate Small Business and Corporation tax returns for all of our clients, wherever in the globe, as well as for Canadians, at a fraction of the cost charged by the majority of accountants and accounting companies in Canada. Our online team of Accounting and Tax professionals assists Businesses of all sizes in benefiting from the services offered by Bomcas Canada Online Accounting and Tax team. Such as Small and Large Businesses/Corporation, which include assistance with corporate income tax planning, preparation, and filing. By carefully setting your firm for future growth, you may reduce risk while generating value when you collaborate with our Business Accounting team today.

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 Available Online

Accounting and tax experts at Bomcas Canada Individuals and businesses can use online accounting services to get advice on a variety of inbound and outbound tax issues, such as structuring initial overseas investments, financing international operations, cross-border transactions, global effective tax rate management, and business re-structuring.

We assist individuals and business owners in the United States and Canada in understanding and planning for tax issues. Contact us about international tax services and tax preparation if you are a snowbird, work overseas, or have foreign investments. Businesses and people in Canada and the United States have relied on our combined experience for many years.

If you are an American traveling to Canada or a Canadian traveling to the United States, it is vital to plan ahead of time in order to save money on taxes. Our international tax services are intended for both individuals and enterprises. We provide tailored tax planning that lowers your overall tax payments by reducing double taxation while remaining fully compliant with the IRS and CRA. We can create a cross-border company structure that will reduce the overall tax burden for companies that want to relocate and do 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.

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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.

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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.

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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

Tax Filing for Newcomers to Canada: Avoid Common Mistakes

Navigating the intricacies of tax filing for newcomers to Canada can be a daunting task. With the Canada Revenue Agency (CRA) administering a complex tax system that includes multiple tax credits, deductions, and varying tax rates, understanding one’s obligations and opportunities is crucial. This becomes even more significant for those filing an income tax return in Canada for the first time, where common mistakes can lead to missed benefits or compliance issues. Given this backdrop, this article aims to empower newcomers, including international students and temporary residents, with essential knowledge and tools to file their taxes accurately and efficiently.

At the heart of tax filing for newcomers to Canada are several key considerations: determining one’s tax residency status, obtaining a Social Insurance Number (SIN), understanding the progressive tax system, and knowing how to report foreign income to avoid double taxation. Additionally, newcomers must navigate through tax filing methods, deadlines, and the specifics of the first-time tax return in Canada, leveraging tax treaties and credits like the GST/HST credit, the First-Time Home Buyer’s Tax Credit, and the Canada Child Benefit (CCB). This comprehensive guide will explore these areas, offering insights into how to declare worldwide income, apply for relevant newcomer tax benefits, and understand the significance of the Notice of Assessment (NOA). By adhering to the outlined steps and considering the consultation of a tax expert when necessary, newcomers can achieve a smooth transition into Canada’s tax system, ensuring they meet their obligations while maximizing potential returns.

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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