Category Archives: General Tax Help

General Tax Help

Accessing CRA Tax Audit Help in Toronto

When you receive CRA’s audit notice, the first thing you should do is to stay calm and try to have a good assessment of the situation at hand. If you have nothing to hide and have submitted your tax returns in an impeccable manner. Chances are, you do not have a problem. Just contact the CRA auditor and present your cases yourself.

However, for most other not so fortunate taxpayers, tax audit notice is like a stressful alarm that is set off no stop. It can cause worry, fear, anxiety, sleepless nights, etc. For those people, it is better to get professional CRA tax audit help in Toronto. Besides, the CRA auditors do not just call on anyone, they must have done some home works about your tax returns before picking on you.

To find the right tax professionals with your CRA tax audit help in Toronto, you need to search for those professionals who provide tax audit solutions help with a cost effective method of preparing CRA tax audit help in Toronto your books or records for the purpose of audit. Those tax professionals need to provide in Toronto that is tax audit proof and can fend off the toughest CRA tax auditors. These professionals will help with  representing you and dealing with the tax auditor.

We integrate accounting, tax, auditing and negotiation skills and take them to an expert level in the process of CRA tax audit help in Toronto. This combination of skills and expertise can really help you to control the tax damage to the minimum. Over the years, we have done just that many times for many clients and they are gracious for our great works.

An audit is designed to interpret, summarize and  present  the complicated business and financially related issues in a style that can be easily understood and supported properly as part of  CRA tax audit help in Toronto. The audit support will involve an analysis and assessment of the supporting evidence. It also involves the development of the computerized applications to help analyze and present financial evidence. As proactive professionals, we have developed proprietary program just to make the tax audit process painless and effective.

The most important part of the tax audit works is to ensure that the challenges posed by the CRA auditors can be rebutted with hard cold factual evidence that is accepted even in court system. Many taxpayers who decided to take on the tax audit projects on their own ending up seriously defeated and suffer major damage. It has been proven again and again, an unfavorably concluded CRA tax audit costs taxpayer much more than the fees being charged by tax professionals. So work with tax professional who will do the service through a collection of documents and important reports for you so that it is helpful in assistance of drawing a favorable tax audit conclusion. Such type of CRA tax audit help in Toronto is the ultimate goal of taxpayers under audits.

 

 

Six Essential Tax Preparation Tips

If your tax situation has gotten little more complicated this year, you’ll want to read this. At Tax 911 Now we have some tips to give you so that you can get your tax preparation completed as soon as possible. The sooner you file your taxes, the less money you’ll have to pay in penalties and interest. We tax professionals at Tax 911 Now will help you to get your taxes prepared quickly and accurately, and you will not have to worry anymore. Here are six steps to take to get ready for tax preparation with a tax professional:

  1. Know your social insurance number and gather the numbers for those who will be on your return.
  2. Gather information including tax information slips, and other information sent by employers, banks, and businesses.
  3. Be sure to have your information about other income including self-employment income and rental income etc.
  4. Have your personal income tax information on hand such as your RRSP contribution limit.
  5. Have your receipts for deductions ready. Your Tax 911 Now tax professional can help you know what expenses are deductible.
  6. When you are ready with your information, Call Tax 911 Now to make an appointment.

 

Late Tax Preparation

Even if you are late filing your taxes, Our Team at Tax 911 Now can help you take care of your problem.

You will still need the information listed above when you come for a visit with us in the Toronto area or other region in Ontario. The sooner you file your return, the better off you will be financially.

 

Tax Preparation to optimize your refund

You may think that you can prepare your own taxes, but if your situation is more complex than average, you will wish that you had called a professional sooner. If you want to optimize your tax and you live in the Toronto area or other nearby region of Ontario, we professionals at Tax 911 Now are available to help solve your problems.

The fees you will pay for professional services will be compensated for by the additional tax savings that you will get from our services. We give very professional, expert services enabling you to receive the optimum tax results. You will definitely want call Tax 911 Now for your tax preparation needs again next year. Many of our clients come back to us year after year for our superior services.

If you are thinking about tax preparation services, call a Tax 911 Now tax professional today at 1-877-918-2991 and come visit us at the office.  Why struggle and worry any more about your tax preparation? You have better things to do, and we can help you.

The address of our office is:

Tax 911 Now
129 Telson Road, Suite # 100, Markham, Ontario, L3R 1E4

Things To Look Out For When Choosing A Tax Preparer

Tax is one of the constants in life. Although many folks out there don’t enjoy paying tax, they equally can’t run away from it. Every member of all classes of the population have an obligation to pay tax to the government in order to keep the government running smoothly and seamlessly. So, the government is pretty serious with tax collection and imposes hefty punishments, in some cases jail time, on tax defaulters. Therefore, to avoid these hefty punishments placed on tax defaulters and fulfill their obligations as good citizens, people have no option than to file their tax returns on a yearly basis.

 

Available options when filing

When it comes to filing tax returns, tax preparation is an important part of the process. An individual can choose any of the different options available to prepare his tax return. He can use the services of a licensed professional, online tax preparation software, or even prepare the tax returns himself if he can.

 

Getting help to file your tax returns

However, most people prefer to use the services of a licensed professional tax preparer to file their tax returns. Using the services of a professional tax preparer to file tax returns helps to take the stress away from the whole process. For a small fee, a tax preparer will do an excellent job of filing your tax return. An important thing to take note of is that you will be held accountable for the tax returns filed on your behalf by the professional tax preparer. Thus, it is very important to choose a reputable tax preparation firm to take care of your tax returns to avoid getting into trouble with the Canada Revenue Agency.

 

Tips On How To Choose A Reputable Tax Preparer

Since taxpayers are legally responsible for the content of their tax returns whether the return was prepared by them or not, they should exercise care when contracting the services of a profession to prepare the tax returns for them. Below are some useful tips to guide you in your search for a reputable professional tax preparer:

Check the Qualifications of the Professional Tax Preparer: Many people in the tax preparation business are usually attorneys and accountants, and they belong to a professional body that not only provides its members with continuing education but also holds them to a code of ethics. Try to verify the qualifications of professional tax preparers from the professional body they belong to before entrusting the filing of your tax returns to them.

 

Pay Attention To The Reputation

Check the Preparer’s Reputation: Nobody will be comfortable entrusting a sensitive issue like the filing of his tax returns to professionals with a lot of black spots on their reputation. Therefore, it is of utmost importance to check the reputation of the tax preparer you are delegating the preparation of your tax documents to. You can verify the reputation of a tax preparer by checking for disciplinary issues and license status at the professional body the tax preparer belong to or the Canada Revenue Agency (CRA).

Request for Receipts and Records: A reputable tax preparer usually requests for receipts and other records in order to accurately file your tax returns. So, keep an eye for the documents requested by your tax preparer.

 

Blank Tax Form? 

A reputable tax preparer will never ask you to sign a blank tax form. Keep this in mind when you are in the market for a tax preparer to file your tax return.

 

Contact Tax 911 Now

Tax 911 Now is a highly reputable tax preparation firm located in Toronto, Canada. We help to relieve the burden of tax preparation from our clients. By contracting our services today, you too can begin to enjoy a stress-free filing of your tax returns.

Tax Audit Help Toronto, Tax Audit Help Canada

Need Tax Audit Help Toronto, Canada?

Need Tax Audit Help Toronto, Canada?

Each year countless Toronto residents live in fear of having their tax returns audited by the CRA in Canada. If you ever get a notice from the CRA about being audited, you should turn to professionals, like the tax team at Tax911now.ca, for tax audit help Toronto. Tax payer audit help Toronto is available or anyone who received audit notice sent by CRA demanding verification of tax reported.

Tax audit prevention

The first preventive step one can take to avoid a tax audit is to hire a tax accountant to file your returns for you. Business owners, especially, need to hire a tax accountant to keep track of all of their financial records. Audits can still happen, but they will not be as worrisome if you hire a reputable tax resolution firm that has experts in the tax system on board, such as ex CRA agents.

Bring all information to your meeting

Before you go in for professional tax audit help Toronto, Canada gather up all of your financial records and take them with you. That way a skilled tax lawyer can take a look at your tax situation and devise a tax resolution plan for you. Under Canadian law, taxpayers are supposed to keep copies of their financial records for at least six years, so take all the papers your tax resolution services tells you to bring. Tax resolution professionals are experts at devising the best plan for people that need tax audit help Toronto.

Undergoing an audit by the Canadian Review Agency is one of the most stressful things. You will want to make sure you to enlist the services of a professional tax firm that specializes in tax audit help Toronto. When you hire professional tax audit help Toronto, you can let them handle the audit for you. In fact, the less time you spend talking to the auditor, the better.

Let your tax representatives do all the talking for you. Tax resolution firms that have ex CRA agents and skilled tax specialists on staff are the best to use when you need tax audit help Toronto. Contact tax911now if you need tax audit help Toronto Canada.

5 Tips on Dealing with the CRA

When deciding what to claim and deduct on a small business tax return can be difficult. Some businesses claim too much or too little, which can lead to sticky situations with the CRA in Toronto and may require CRA Tax Amnesty. Here are 5 tips on dealing with the CRA in Toronto so you can be smart with your small or home business and avoid the necessity of CRA Tax Amnesty. For more information on this topic, and CRA Tax Help, visit TAX 911 now for professional help with taxes servicing Toronto, York Region and more. 

  1. You may have a business without even knowing it. A business is simply defined as “any activity for profit.” Even if something is a hobby, if money changes hands, it is a business as far as the CRA is concerned. If has been mistaken in the past with your business, CRA Tax Amnesty is a way to disclose unreported information. 
  2. The size of the business does not have as big of an effect on how much exemption a small business is allowed. There is a “Small Supplier Exemption,” but it does not apply to all types of businesses. If the business is selling tangible goods, you must collect and remit PST, or RST. For more information on PST, contact Tax 911 now. 
  3. A home business does not automatically qualify you for all deductions in Toronto. A few, like the ‘business use-of-home tax deduction,’ will allow you to use house maintenance and ownership costs as deductions, but the same rules generally apply for all kinds of businesses in Ontario. The same applies with entertainment expenses. A business may only claim 50 percent of entertainment costs. Anything not reported or over-reported can be amended with CRA Tax Amnesty. 
  4. Writing off the equipment must be done over several years using a ‘capital cost allowance’. The amount that can be claimed each year depends on which class the piece of equipment is in. The most general class, class eight, which means you can claim 20 percent of the cost of the equipment each year. Furniture and machinery are examples of class eight items. 
  5. If encountered by an Audit from the CRA in Toronto, it is best to have all documents and records well-kept and ready. An audit is an inspection of a companies records. It will usually take 2-3 weeks, and may include a visit to the business site. If information has been filed incorrectly according to these 5 tips, a CRA Tax Amnesty application may be required. 

Reliable and specific information beyond these five tips on dealing with CRA Tax help in Toronto is available to you at Tax 911 now. The staff is dedicated to helping you with any tax needs. You can reach Tax 911 now at 1-877-918-2991, or come in for a visit at our office.

Professional Canadian TAX Accountants

Are you facing any of the following tax issues?

  • Issues on back taxes, late taxes, unfilled taxes?
  • Personal, self-employed business, Corporate and business tax issues?
  • Unreported Income, under-reported income?
  • Issue with tax audit (Income tax, GST/HST, PST, payroll, WSIB)?
  • International tax issues?
  • Overwhelmingly large tax bill?
  • Income garnishment, tax lien?

That is our specialty as Canadian Tax Accountants!

When you have complicated Canadian tax matters, there are very few Canadian tax accountants and lawyers who can handle the task. Most of them, due to the complexity of the issues, will stay clear from this filed. However, solving complicated tax problems is all we do!

Tax 911 Now has experienced Canadian Tax Accountants who practice exclusively on special tax field providing tax services to tax clients who have urgent or complicated tax issues such as those we listed above.

To better help clients, we provide full services so that clients can solve their complicated tax problems under one roof. We can prepare your bookkeeping in house; we can prepare your tax returns in house, be it personal, be it self-employed business, be it corporation, be it payroll, we represent you to deal with the taxman, we negotiate tax settlement, etc. as experienced Canadian Tax Accountants, we do it all.

Our satisfied clients are pleased as we provided them with exceedingly high quality of tax services on tough tax problems. Those clients would not even dream of dealing with a complex tax matter without our professional Canadian tax accountants’ help.

Do you have “Impossible”? “Unsolvable” tax problems? Tax 911Now’s team of tax experts and tax accountants will help.

We are excited about the challenge of trying to solve “impossible” or “unsolvable” Canadian tax problems.

If you have a complicated Canadian tax issue, you do not want to wait for long time to get some help as most of those tax problems are serious and urgent in nature – you probably want to fix it as soon as possible by effective tax accountants!

We strive to provide fast resolution to your tax problems! For example, in most cases, if we get a client with tough tax issue, we will start to take action immediately in the first appointment. It is a rewarding experience for us to see that clients walking in appearing stressed and walk out with sign of big relief!

Tax 911 Now’s Tax Service Range

Our Tax services include Tax Help, CRA Tax Help, Help with tax problems, CRA Tax Relief,  Tax Relief ASAP, CRA Problem Resolution, Tax Resolution Services, Tax Negotiator, Voluntary Disclosure Program, VDP, Tax Amnesty, Tax Repair, Tax Expert, Tax Issues, Tax Advisor, Tax Help by Licensed Tax Professional, Efile, Efiler, Tax Attorney, Accountant Help, Sales Tax Help, CRA Audit Help, Tax Audit, Tax Problem, Tax Lien, CRA Help, Back taxes, Unfiled tax returns, Past Due Returns, Emergency Tax Help, Tax Return Preparation, Payroll Tax Problem, Tax Levy Release, Wage levy Relief, Wage garnishment release, CRA Problem Solver, CRA Tax Settlement Negotiation.

What You Need to Do Immediately to Fix Your Tax Problems?

If you feel you will be caught by CRA pretty soon or you have received letters or calls or personal visit from the tax man, then you cannot afford to wait any longer! Do something to resolve your tax problems.

The first step is to stop procrastinating and running. Take action today!

Hire seasoned tax accountants who are qualified and have the experiences to help you solve tax problems. Many people try to handle their tax problems themselves and failed terribly.

Get Tax help TODAY by calling Tax 911 Now team at 877-918-2991 or go to Contact page.

Our Free No Obligation Consultation & Rate Guarantee

To begin with, we offer first time RISK FREE unlimited time consultation just to help you to understand the depth and complexity of your tax problems. We will also provide you the recommended steps to take to fix your tax problems. It is no obligation and thus it is completely up to you to decide what to do from there.

If you do decide to engage us to fix your tax problems, we provide price match guarantee within the entire tax negotiation industry.

 

Tax Representation Canada

When do you need a tax representative?

When a taxpayer has a complicated tax situation that needs extra attention, we always recommend that Professional Tax Representation be used. 

Representation is also useful if a taxpayer does not have the time or desire to speak to the CRA on their own.

Why use a tax representative?

Professional Tax Representation is a very powerful tool you can use to “even the odds” when you need help with the CRA. 

As you may have experienced, CRA agents can be very intimidating, when they are making demands on you, the taxpayer. They tend to be less forceful and more reasonable when they must address themselves to a Professional Representative, such as an Attorney or Accountant.

A good tax professional will know the in’s and out’s of the CRA complex system. They will know all of the right questions to ask you and how to properly present your case to the CRA so that you get the results that you deserve.

At Tax 911 Now, we are experienced tax professionals.

If you have a large or overdue tax bill or need help dealing with the collection branch of the CRA, Tax 911 can offer the best tax help available. Helping taxpayers arrange settlements with the CRA is our specialty.

You, as a taxpayer, probably do not know all the rules and formulas that are applicable to your situation. The CRA Agent does, but usually only reveals the portion they want you to know, not the portion that would be helpful to you. The agent’s job, after all, is to collect money from you, not be your friend! Even a friendly CRA agent is still a CRA COLLECTION AGENT, not a friend.

You need an experienced tax representative on your side. 
At Tax 911, our professionals deal with the CRA every day, and can present your case to the CRA in its own terms, with full knowledge of all the rules and regulations.

We offer our services all across Canada and in the following cities:

  • Toronto
  • Markham
  • Vancouver
  • Calgary

If you need tax help please call one of our tax professionals at: 1-877-918-2991.

Most Common Tax Debt Problems & Solutions

Tax debt problems include different types, such as CRA (Canada Revenue Agency) tax debt problems; Provincial tax debt problems. For instance: Income tax owing problems, tax debts, sales tax debt problems, etc. All levels of Tax authorities are becoming more and more aggressive to collect the tax debts.

When taxpayers receive the tax debt notice, they should seek help from tax professionals who are specialized in this tax problem resolution field.

Same thing when taxpayers receive collection letters threatening levying and garnishing their income such as wages or business income, or the bank levy letter for their bank accounts, taxpayers should get immediate help for their tax problems before it is too late.

The most common solutions to resolve your tax debt problems are:

  • Full Payment: if you can afford it, it makes sense to pay it off right away since the interests are compounded daily no stop till the full balance is paid off.
  • Pay The Correct Tax Only: if you believe the tax amount is not correct, then you can just pay the amount that you believe is reasonable and try to fight for the correct assessment.
  • File for Tax Relief: to ask for tax debt reduction due to the uncontrollable financial hardships or families tragedy, nature disasters, etc. to reduce the penalties or interests you have to pay. In many cases, the tax penalties and interests can be as much as the tax principle amount.
  • Payment Plan: if the solutions above do not apply to you. For instance, you owe a large debt and have no money to pay a lump sum, to avoid legal action, a tax payment plan can be negotiated on your behalf. Finding people who specialize in such payment plan arrangement is critical to your payment plan success as CRA tends to reject payment plans if they believe you can afford to pay more.

CRA released public records on their tax alert that intimidate the taxpayers. In the published cases, some people or business get huge tax fine while others get imprisoned. People can reasonably assume that this type of threatening messages to the public are here to stay and will be continued into the future!

So, do you have a tax problem that bothers you? Do yourself a favor and take action to resolve your tax problems.

At Tax 911 Now, we concentrate our tax practices on helping individuals and businesses solve their tax problems. We have many happy clients to prove our services qualities. See yourself what they have to say in their testimonials.

Tax debt problems do not go away unless you take some action! Get Tax help today by calling us at 1-877-918-2991.

Tax 911 Now’s team of professionals has helped many clients with tax problems like you to get tax settlement that are satisfactory to the clients who have shown their gratitude in their testimonials.


Our Unlimited Time Free Consultation

We offer RISK FREE initial consultation just to help you to understand the depth and complexity of your tax problems. We will also provide you the recommended steps to take to fix your tax problems. Then it is completely up to you to decide what to do from there.