Tax Services in Montreal

For dependable, comprehensive tax services for individuals, you can count on our team at Bookkeeping Montreal to deliver the results you need. Whether you are employed, self-employed, a student, business owner, remote worker, or a newcomer to Canada, we’ve got you covered.

We offer knowledgeable tax advice leveraging all available tax breaks, deductions, and credits, taking a personal approach to ensure you understand the best tax strategy for you. We also offer effective tax planning services to help you improve cash flow, reduce your tax burden, and grow your wealth.

Why Choose a Tax Expert?

There are always ways to reduce an individual's or business' tax burden through tax planning. Our experts understand the ins and outs of tax declaration whether you are an individual student, self-employed, business owner, foreign investor, non-resident, or a newcomer to Canada. We review your status and consider all possible deductions and laws that apply to your specific situation. From there, we can provide a tax plan to help you make smarter decisions to help reduce your tax burden. We also ensure every tax declaration you file is 100% correct and are ready to offer support in the case of a tax audit. 

Our Tax Services

We offer comprehensive tax services in Montreal, including:

  • Individual Taxes: We ensure you take advantage of all deductions and tax breaks available to limit your tax burden and see a healthy return. Tax laws are constantly changing, with new deductions added and old ones no longer valid. We ensure you remain compliant, file on time, and avoid penalties and risk for tax audits.

  • Student Taxes: Filing taxes is important to students as it helps ensure you receive your GST Tax Credit. Also, with changes in student taxes, we keep up to date on the most recent tax laws that apply to you. We ensure you remain compliant and take advantage of all student tax breaks to see the maximum return.

  • Small Business and Self-employed: We offer solid advice for small business and self-employed taxes in Montreal to help reduce the tax burden on individuals who often pay unnecessarily high taxes and face penalties related to missed deadlines and misfiling. We ensure your tax burden is reduced and penalties are avoided.

  • Newly arrived immigrants: As a new arrival in Canada or someone with a Work-Holiday Permit, you are required by law to pay taxes on income made in Canada and outside of the country. We can walk you through the process so you abide by all Canadian tax laws.

  • Remote workers: With increasing remote work, there are many new tax benefits available you might not be aware of. We can ensure you understand how to file your expenses to reduce your taxes.

  • Tax Planning: Tax planning is designed to maximize contributions and minimize the amount of taxes you pay. We use our extensive tax knowledge to help you understand all available opportunities, from deductions and credits to investment opportunities offering capital gains exemptions. We also explain when business owners can take advantage of tax-free rollovers to other family members.

What Sets Bookkeeping Montreal Apart?

We go beyond tax preparation, taking a year-round approach to ensure you avoid fines and penalties and reap the benefits of all the deductions available to you.  Whether you are dealing with GST filings, payroll deductions, personal taxes, or business taxes, we ensure you are always on time, with accurate records and maximized use of all legal deductions available. We advise you on tax strategies ideal for you, including:

  • Leveraging RRSP contributions, including early contributions

  • Taking advantage of 20% government grants to top up RESPs

  • Investment strategies for deductible interest

  • Combining charitable donations with your spouse to increase deductions for the higher income earner

  • Business incorporation tax benefits

  • TFSAs for tax-sheltered personal wealth growth

  • Spouse benefits such as splitting pension, family income-splitting opportunities such as spousal loans, RRSPs, etc.

  • Claiming medical expenses

  • First-time homebuyer benefits and deductions

  • Childcare expense opportunities

  • And More

For more information about our tax services in Montreal, reach out to our team today.