Serving Our Community
Our professionally owned account service has been serving the community for the last 25 years. Our team has grown and includes experienced and dedicated support to provide both personal and professional Tax services.
Our Tax Filers Training Services
PACKAGE 1 Personal & Small Business Tax Filer Training
PACKAGE 2 Personal, Small Business & Corporate Tax Filers Training
PACKAGE 2 Personal, Small Business & Corporate Tax Filers Training
TOPICS OVERVIEW.
- Employment Income
- U.S. Employment Income
- Pension Splitting
- Interest and Investment Income
- Foreign Pension
- Dividend Income
- Disposition of Stocks and Mutual Funds
- Child Care Expenses
- Moving Expenses
- Registered Retirement Saving Plans
- Home Buyer’s Plan
- Attendant Care Expenses
- Tuition amount
- Seniors Tax Returns
- Medical Expenses
- Charitable
TOPICS OVERVIEW.
- Employment Income
- U.S. Employment Income
- Pension Splitting
- Interest and Investment Income
- Foreign Pension
- Dividend Income
- Disposition of Stocks and Mutual Funds
- Child Care Expenses
- Moving Expenses
- Registered Retirement Saving Plans
- Home Buyer’s Plan
- Attendant Care Expenses
- Tuition amount
- Seniors Tax Returns
- Medical Expenses
- Charitable Donations
- Separation & Spousal Amount
- Alimony & Child Support
- Overview of Rental and Business Income
- Resident and Non-Resident tax implications
- New immigrant tax returns
- Climate action incentive credit
- GST Credit and Child Benefit
- Ontario Trillium benefit
- Rent & Property Tax Credits
- Canada Workers Benefit
- Statement of Business or Professional Activities (T2125)
- Employment & Trucking Expenses (T777 & TL2)
- E-File & NETFILE
- HST returns
- Rental Properties
- Reasonable Expectation of Profit: Business, Rental and Professional
- Business losses, Rental losses, Business Investment losses
- WSIB
- Depreciation and CCA
- Recapture and terminal loss on the disposition
- Difference between an employee and Self-employed
- Foreign Pensions
- US taxation implication on Canadians
- How to Avoid an Audit
- Attribution rules
- Foreign Property Reporting Form 1135
- Foreign rental property -USA
- Taxation of Capital property
- Principal Residence Exemption
- Northern Resident deduction
- Farming income
PACKAGE 2 Personal, Small Business & Corporate Tax Filers Training
PACKAGE 2 Personal, Small Business & Corporate Tax Filers Training
PACKAGE 2 Personal, Small Business & Corporate Tax Filers Training
TOPICS OVERVIEW
- Everything on Package 1
- Corporate taxes in Canada
- Concept of Integration, and relationship between Individual and Corporate taxes
- Corporation types for tax purposes – Introductory only, focus is CCPC.
- The small business deduction, Active Business Income (ABI) Vs Investment income
- Corporate deductions and credits
- T2 Corporate in
TOPICS OVERVIEW
- Everything on Package 1
- Corporate taxes in Canada
- Concept of Integration, and relationship between Individual and Corporate taxes
- Corporation types for tax purposes – Introductory only, focus is CCPC.
- The small business deduction, Active Business Income (ABI) Vs Investment income
- Corporate deductions and credits
- T2 Corporate income tax return, GIFI and common schedules
- Schedule 1 – Calculating taxable income
- Preparation of mock tax return for a CCPC with ABI
- Preparation of tax return for a CCPC with ABI & Investment Income
- Remuneration of owner-manager
- Incorporating Tax planning with Tax preparation
- Common mistakes to avoid and the best practices
Advisory
PACKAGE 2 Personal, Small Business & Corporate Tax Filers Training
Advisory
Graduates of our Online & In-Office Tax Training Course will have all the skills necessary to start their own Tax Preparation Services the next coming tax season, and beyond. Previous accounting experience, locally or overseas, whilst valuable, is not a requirement. So what are you waiting for? Secure your place in the EMPIRE TAX SERVICES Training Course today.
Our Tax Filing Services
Compliance
Compliance
Compliance
- Taxes: Personal, Business, and Corporate
- Knowledgeable Local Sales Tax, HST
- Legally Required Corporate Documentation
Management
Compliance
Compliance
- Bookkeeping: manage daily transactions
- Payroll: Management of payroll and taxes
- Planning: Reporting and advice to support growth
Advisory
Compliance
Advisory
- Reporting: Help directors make informed decisions
- Capital Fundraising: Advice on seeking equity to help grow your business