At Dulay and Dulay, we provide tax services in Mississauga and the GTA that take care of the hard work for you, ensuring that your return is filed on time and as quickly as possible. Whether you need to file your personal taxes or corporate taxes for your business, we’ll make sure your documents are sent on time, with the proper deductions and claims made to reduce liabilities and maximize your return.
Improper tax filing can result in serious penalties or repercussions from the CRA and the Canadian government. However, updates to the CRA and regulations for filing taxes change frequently and it can be difficult to stay up to date on legislation. To make sure you’re following the current legislation, have a tax services professional from Dulay and Dulay take care of your statements for you.
Corporate Taxes
Filing corporate taxes is a substantial process, and businesses need to ensure they are taking preparations throughout the year. At Dulay and Dulay, we want your business to succeed, and our corporate tax services help your business stay prepared for tax season through efficient preparation, consulting, filing, and proactive planning.
Our corporate tax services include, but are not limited to:
Corporate Tax Planning and Implementation
Corporate Reorganizations
Tax Compliance
Personal Taxes
Every year, when tax season arrives, many individuals find themselves underprepared and unsure of how to actively plan to file their personal taxes. Our tax services are designed to help individuals ensure they are ready and prepared to file their taxes on time, in accordance with CRA regulations, and without the hassle.
We offer the following services for personal taxes:
Employed and self-employed
Domestic and international students
Personal tax planning and implementation
Trust Tax Return (T3)
A Trust Tax Return (T3) is also known as a Statement of Trust Income Allocations and Designations. It should be filed if you have received any income from estate trusts, business income trusts, or mutual funds in Canada within the previous tax year.
If you’re not sure if you should file a T3 tax return, or how to go about filing one, let our team at Dulay and Dulay take care of it for you. We’ll make sure you have the right information, documents, and preparation necessary to comply with Canadian tax laws and regulations without putting yourself at risk.
Assistance With Government Audits
Once income tax returns are filed, in most cases the CRA has four years after the filing date to perform an audit, or four years for GST/HST related returns. During an audit, the CRA will request to review your financial records, such as payroll records, financial statements, and other relevant information to determine if the information you claimed on your tax return is correct.
CRA audits can be stressful and scary for any business, no matter the size. However, the reality is that these audits occur frequently and do not always mean you will be penalized. Our tax services professionals at Dulay and Dulay can help you prepare your business for a CRA audit and ensure that all of your documents are in order to avoid discrepancies.
Estate Planning & Taxes
When a loved one passes away, the individual’s legal administrator is required to file an income tax return on their estate for the following tax year. This can be a sensitive and complicated process. Our tax professionals at Dulay and Dulay can step in and conduct this process for you to ensure everything is filed correctly and to avoid headaches later on.
For businesses, succession and ownership in the event of your passing is an important aspect of being prepared and proactive in the face of unforeseen events. Our team can help you be prepared and have your assets organized to ensure that taxes don’t cause more of a burden than they need to be.
Get Your Tax Services Set Up Now
Let us help you get your taxes in order and filed on time so you don’t have to worry about complications with the CRA or the government. Get in touch with our team to get organized and set up with our tax services now.
