Personal Tax Services – T1 – EFILE
Personal income taxes may well be one of your biggest yearly costs. Whether you are a private business leader, business-owning family or private capital investor, together we can create, preserve and transition long-term value across generations. Nagra Accounting Inc returns for BC’s on a annual basis and has developed a reputation to helping save clients hard earned income.
We prepare current and overdue returns, including the areas of:
- Employment income
- Commission income
- Pension income, & pension splitting if applicable
- Self-employed
- Rental income
- Capital gains & losses, investments, T3’s, T5’s, T5008’s, T5013’s
- Preparation of the T1135 Foreign Income Verification Statement
- Tax planning to use available deductions, and to claim available credits
- Personal tax returns must be filed annually
- Current and overdue returns
- EFILE service provided
Corporate Tax Services – T2 – EFILE
Taxes have become an important element in shaping up of business strategies and hence, upfront advice can help in attaining tax efficiency.
Enterprises must file a tax return every year, indeed in case the organization has been dormant. In the case you’ve got returns that are past due, we will plan the late returns, and bring your corporation back in compliance with the Canadian Income Agency.
We provide the follow corporate services:
- Pre-incorporation planning
- Corporate tax planning regarding the $750,000 lifetime Capital Gains Exemption
- Holding companies
- Section 85 transfers
- Inactive companies
- Analysis to reduce corporate tax payable
- Salary vs dividend
- Preparation of the T1135 Foreign Income Verification Statement
- Current and overdue returns
- If installments are required, corporations may be required to make monthly installments
- EFILE service provided
Estate and Trust Tax Services – T3
Financial reporting for income taxes, income tax return compliance, and tax law are constantly changing. We provide services to Estates, Trusts, and Final Income Tax Returns to comply with all levels of government.
We prepare T3 Estate, Clearance Certificate applications, overdue returns and strategically position and prepare your tax files.
- We prepare T3 Estate, Trust and Final Income Tax returns
- We prepare Clearance Certificate applications
- Preparation of the T1135 Foreign Income Verification Statement
- Preparation of overdue returns
