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2022 Seasonal Associates

Personal Tax Preparer Position

We are an Expert-Fiscaliste tax preparation based in Downtown Montreal, QC. Are you an experienced tax preparer and looking for seasonal work where you would be compensated well? Do you have experience with Tax Prep? If so, we’d like to have you join our team.

Requirements:

– You must be a seasoned tax preparer with at least 5 years of recent personal tax preparation experience who will mainly be preparing individual Business, and Rental returns,

– Experience in preparing T2125 returns business returns, updating and preparing excel synoptics, and/or working papers,

– Preparation of GST returns,

– Experience in preparing T776 rental income returns, updating and preparing excel synoptics, and/or working papers,

– Fairly fluent with computer technology (i.e. Microsoft Excel, and MS Word skills)

– Strong verbal and written communication skills in both English and French.

– Analytical and problem-solving skills,

– Ability to work in teams, individually and remotely.

– Experience using CCH Tax Prep or CCH iFirm.

Compensation:

Compensation is based on experience. Note that this is a contract position and that the candidate is expected to be in the office 5 days a month. There is a possibility of continuation after the tax season ends.

Salary: Starting at $20/hr to $30/hr

Schedule:

Contract length: 2 months starting March 1 to April 30

Job Types: Part-time, Contract

7 hour shift

Contract length: 2 months

Expected start date: 2022-02-28

5 days a monthly in office balance work remotely

Experience:

  • Tax Accountants: 6 years (preferred)

About Expert Fiscaliste

Save Your Tax
Call Expert Fiscaliste at 514-954-9031

At Expert Fiscaliste let us prepare your tax returns for you. Expert Fiscaliste provides Canadian and international income tax preparation and consulting services to individuals, businesses, and trusts.

If you want to take advantage of our services.   Give us a call at 514-954-9031, or visit our Contact Tax Experts page.

2021 Medical Expenses

General information

Medical Expense tax credit is a non-refundable tax credit that you can use to reduce the tax that you paid or may have to pay. If you paid for healthcare expenses, you may be able to claim them as eligible Medical Expenses on your income tax and benefit return. These expenses include a wide range of products, procedures and services, such as:

  • medical supplies and services
  • dental care
  • travel expenses
  • Premiums paid under an insurance plan

Generally, you can claim all amounts paid, even if they were not paid in Canada.

You can only claim the part of an eligible Medical Expense for which you have not been or will not be reimbursed.

Additional details of Medical Expenses can be found on the CRA website at Medical Expenses 2021 – Canada.ca

Additional details of Medical Expenses can be found on the Revenu Quebec website at Medical Expenses 2021 – Revenu Quebec

About Expert Fiscaliste

Quebec RL-31

Expert Fiscaliste provides income tax preparation and consulting services to individuals with Medical Expenses to obtain tax maximum benefits.

If you want to take advantage of our services for your Tax Returns Give us a call at 514-954-9031, or visit our Contact Tax Experts page.

2021 Individual Tax

Expert Fiscaliste 514-954-9031 or will@expert-fiscaliste.ca

At Expert Fiscaliste let us prepare your tax returns for you.  Our tax experts help you get every tax refund you deserve because we know how hard you work.  This means that we work for you to make sure you get all the deductions and tax credits you are entitled to and offer you year-round tax advice.  Rapidity changing and increasingly complex tax legislation means that experienced personal tax return preparation is essential for all individuals.

Expert Fiscaliste 514-954-9031 or will@expert-fiscaliste.ca

Expert Fiscaliste will support you throughout the year as your authorized representative if you are audited or asked questions by government authorities or interested in tax planning.  If you would like to know what’s new for individuals.

About Expert Fiscaliste

Save Your Tax
Call Expert Fiscaliste at 514-954-9031

At Expert Fiscaliste let us prepare your tax returns for you. Expert Fiscaliste provides Canadian and international income tax preparation and consulting services to individuals, businesses, and trusts.

If you want to take advantage of our services.   Give us a call at 514-954-9031, or visit our Contact Tax Experts page.

2022 January Tax news and alerts

Tax news and Alerts cover significant tax developments and changes in the month that affect Canadian individuals and businesses.

Prescribed interest rates for 2022

The Canada Revenue Agency (CRA) has announced the interest rates which will apply to amounts owed to and by the CRA for the first quarter of 2022, as well as the rates that will apply for the purpose of calculating employee and shareholder taxable benefits.

                                             Debit rate          Credit rate       Shareholder Benefits

January 1 – March 31                  5%                1% / 3%                     1%

Additional details of interest rates charged and paid by the CRA can be found on the CRA website at https://www.canada.ca/en/revenue-agency/services/tax/prescribed-interest-rates.html.

Canada Revenue Agency issues TD1 Form for 2022

The Canada Revenue Agency (CRA) has issued the TD1 form to be used by all Canadian resident employees for the 2022 tax year. On the TD1 form, the employee indicates the federal personal tax credit amounts for which he or she is eligible in 2022, and the information is then used by the employer to determine the amount of federal income tax to be deducted and remitted to the CRA on the employee’s behalf.

The federal TD1 form for 2022 can be found on the CRA website at https://www.canada.ca/en/revenue-agency/services/forms-publications/td1-personal-tax-credits-returns/td1-forms-pay-received-on-january-1-later.html.

Small Business Air Quality Improvement Tax Credit introduced

As part of the Economic and Fiscal Update, the federal government announced that smal

l businesses would be provided with a refundable Small Businesses Air Quality Improvement Tax Credit. That credit, which is available for eligible expenditures made between September 1, 2021 and December 31, 2022, is equal to 25% of such expenditures.

For purposes of the credit, eligible expenditures include those related to the purchase or upgrade of mechanical heating, ventilation, and air conditioning (HVAC) systems and the purchase of standalone devices designed to filter air using high efficiency particulate air (HEPA) filters, up to a maximum of $10,000 per location and $50,000 in total.

More information on the new credit can be found in Economic and Fiscal Update papers, which are available on the Finance Canada website at EFU-MEB-2021-EN.pdf (budget.gc.ca).

Changes to home office expense deduction extended through 2022

As part of pandemic relief measures, changes were made to the existing home office expense deduction for employees. Those changes, which were for the 2020 tax year only, allowed employees to use a flat rate method for home office expense deduction claims, eliminating the need to make or provide detailed calculations of eligible expenses incurred.

As part of the Economic and Fiscal Update delivered on December 14, it was announced those changes to the rules governing the home office expense deduction would be extended through the 2021 and 2022 tax years and that the flat rate deduction would be increased to $500.

The announcement of the extension can be found in the Economic and Fiscal Update papers, which are available on the Finance Canada website at EFU-MEB-2021-EN.pdf (budget.gc.ca). Detailed information on the home office expense deduction for employees can be found on the Canada Revenue Agency website at Expenses you can claim – Home office expenses for employees – Canada.ca.

Economic and Fiscal Update to be delivered on December 14, 2021

The 2021 Economic and Fiscal Update will be delivered by the Minister of Finance on Tuesday, December 14 at around 4 p.m.

The update is expected to include information on the current state of the Canadian economy, as well as updated revenue, expenditure, and deficit projections for the current (2021-22) fiscal year.

Once the Update is released, the Economic and Fiscal Update papers will be available on the Finance Canada website at Fiscal Updates – Canada.ca.

Prescribed interest leasing rate for January 2022

The prescribed leasing interest rate mandated by the Canada Revenue Agency (CRA) must be calculated using bond yield information found on the Bank of Canada website. That calculation shows that the prescribed interest leasing rate for the month of January 2022 will be 3.03%.

The CRA’s instructions on how to calculate the prescribed leasing interest rate, which includes a link to the necessary bond yield information can be found at How to calculate Prescribed Interest Rates for Leasing Rules – Canada.ca.

About Expert Fiscaliste

Quebec RL-31

Expert Fiscaliste provides income tax preparation and consulting services to individuals, businesses, with real estate residential operations in Quebec.

If you want to take advantage of our services for your Tax Returns Give us a call at 514-954-9031, or visit our Contact Tax Experts page.

2022 Tax Specialists or Partners

2019 Seasonal Associates
Call Expert Fiscaliste at 514-954-9031

We are looking for tax specialists or partners with a few or more years of experience to join our great team and serve a clientele of individuals and businesses located in Canada, US and Europe.

We offer a flexiable work solutions and locations using our cloud based platform. Existing self-employed specialists are also welcome as partners. Support for Complex tax issues, international taxation, and training will be provided.

Responsibilities

  1. Proactively seek out and find new clients
  2. Answer Expert Fiscaliste customer phone calls and delivering a professional, personalized client service experience every time
  3. Demonstrate empathy toward clients, empowering and partnering with them to help them complete their taxes
  4. Successfully troubleshoot, resolve issues and answer complex tax questions using our defined practices, procedures and company policies
  5. Document customer interactions
  6. Remotely prepare tax returns and assist clients filing tax returns

Qualifications

  1. Extensive experience preparing a variety of federal and provincial returns for individuals, including student, pension, self-employed, rental property, investments and foreign income.
  2. Must have prepared a minimum of 25 personal tax return prepared per year over the last three years
  3. In depth knowledge of CCH products
  4. In depth knowledge of tax laws and tax concepts, solid critical thinking and problem solving skills
  5. Excellent verbal communications in English and French
  6. Excellent written communication skills including spelling and proper use of grammar
  7. Strong understanding of computers and software

Discover what it’s like to be a part of an amazing team of tax advisors, making a daily difference in the lives of Expert Fiscaliste clients all across Canada.

About Expert Fiscaliste

Expert Fiscaliste provides Canadian and international income tax preparation and consulting services to individuals, businesses, and trusts.

2021 Federal government to provide interest relief on pandemic benefit tax debt

The Canada Revenue Agency (CRA) has announced that targeted interest relief will be provided to Canadians who received pandemic income support benefits during 2020. Specifically, qualifying individuals will not be required to pay interest on any outstanding income tax debt for the 2020 tax year until April 30, 2022.

To qualify for such interest relief, which will be applied automatically by the CRA, individuals must have had a total taxable income of $75,000 or less in 2020 and have received income support in 2020 through one or more of these COVID-19 measures:

  • the Canada Emergency Response Benefit (CERB);
  • the Canada Emergency Student Benefit (CESB);
  • the Canada Recovery Benefit (CRB);
  • the Canada Recovery Caregiving Benefit (CRCB); 
  • the Canada Recovery Sickness Benefit (CRSB); 
  • Employment Insurance benefits; or 
  • similar provincial emergency benefits.

More detailed information on the interest relief program can be found on the CRA website at https://www.canada.ca/en/revenue-agency/news/2021/02/government-of-canada-announces-targeted-interest-relief-on-2020-income-tax-debt-for-low–and-middle-income-canadians.html.

About Expert Fiscaliste

Quebec RL-31

Expert Fiscaliste provides income tax preparation and consulting services to individuals, businesses, with real estate residential operations in Quebec.

If you want to take advantage of our services for your Tax Returns Give us a call at 514-954-9031, or visit our Contact Tax Experts page.

2020 RL-31 SLIP

TAX OBLIGATIONS

Are you a landlord of an eligible dwelling for which rent was paid or payable on December 31, 2020. You must file an RL-31 slip and give a copy to your tenants.

The RL-31 slip is used to report information about leased dwellings on December 31, 2020.

RL-31 slips must be filed and distributed no later than February 28, 2020.

Filing

You can file RL-31 slips for the 2020 taxation year using the service for preparing and viewing the RL-31 slip (available for the 2019 taxation year as of December 1).

If you filed RL-31 electronically for 2019, you can use the same information to file the slips for 2020.

You can also file your RL-31 slips:

  1. using authorized software you purchased;
  2. using software you developed (provided it meets our requirements); or
  3. on paper (if you have to file on paper, contact us).

For more information about filing the RL-31 slip, click Filing RL Slips and Summaries. You can also refer to the Guide to Filing the RL-31 Slip: Information About a Leased Dwelling (RL-31.G-V) or the RL-31 Slip Helpsheet (RL-31.G.A-V).

COMPONENTS OF THE SOLIDARITY TAX CREDIT

The solidarity tax credit has three components:

  1. the housing component
  2. the QST component
  3. the component for individuals living in northern villages

You may be entitled to the credit even if you are not eligible for all three components. For example, you can claim the credit even if you lived in a dwelling that is not eligible, such as a dwelling in low-rental housing (HLM), on December 31, 2020. In such a case, they will take into account only the QST component and, if applicable, the component for individuals living in a northern village.

About Expert Fiscaliste

Quebec RL-31

Expert Fiscaliste provides income tax preparation and consulting services to individuals, businesses, with real estate residential operations in Quebec.

If you want to take advantage of our services for your Tax Returns Give us a call at 514-954-9031, or visit our Contact Tax Experts page.

2020 Tax Slips

T4, T4A, T4(OAS) T5, T2202, RC62 tax slips

All of these slips are prepared by your employer, payer, or administrator. You should have received most of these your slips by the end of February. For more information on CRA tax slips

RL-1, RL-2, RL-3, RL-8 Quebec tax slips

All of these slips are prepared by your employer, payer, or administrator. You should have received most of these your slips by the end of February. For more information on Quebec tax slips

T3/RL-6 and T5013 tax slips

These slips are prepared by your financial institution, payer, or administrator. You should have received most of these your slips by the end of March.

If you don’t expect to get a tax slip

To get your OAS, EI or CCB slips, sign in to Service Canada.

If you don’t expect to get a tax slip. You have 2 CRA options

Expert Fiscaliste 2020 Individual Tax Return Checklist

1099 – US tax forms

These forms slips by your US financial institution, payer, or administrator. You should have received most of these your slips by February 1.

About Expert Fiscaliste

Save Your Tax
Contact Expert Fiscaliste

Expert Fiscaliste provides Canadian and international income tax preparation and consulting services to individuals, businesses, and trusts.

If you want to take advantage of our services for your Tax Return. Give us a call at 514-954-9031, or visit our Contact Tax Experts page.

2019 – Last day to transmit T1 returns

Attention: Last day to transmit T1 returns and T1 Form T1135

The CRA’s EFILE, ReFILE and T1135 web services will stop accepting transmissions of your initial and amended (T1) personal income tax and benefit returns and T1135 forms for T1 at 11:00 p.m. on Friday, January 22, 2021 (Eastern Time), in order to convert their systems to prepare for the next filing season. These services will re-open on Monday, February 22, 2021, at 8:30 a.m. (Eastern Time).

Please ensure you transmit any initial or amended T1 returns and T1135 forms for T1 before January 22, 2021, to avoid having to wait until the new program starts.

About Expert Fiscaliste

Contact Expert Fiscaliste

2018 Tax Calendar
Call Expert Fiscaliste at 514-954-9031

Expert Fiscaliste provides Canadian and international income tax preparation and consulting services to individuals, businesses, and trusts.

If you want to take advantage of our services for your Tax Return. Give us a call at 514-954-9031, or visit our Contact Tax Experts page.

Employment Insurance premium rates for 2021 announced

December 9, 2020

The federal government has released the premium rates and amounts which will apply in 2021 for purposes of the Employment Insurance (EI) program.

For 2021, the EI premium rate will be 1.58% and maximum annual insurable earnings will be $56,300. The maximum annual premium will be $889.54 for an employee and $1,245.36 for an employer.

A listing of EI rates and amounts for 2021 and previous years can be found at https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/payroll-deductions-contributions/employment-insurance-ei/ei-premium-rates-maximums.html.

About Expert Fiscaliste

Contact Expert Fiscaliste

2018 Tax Calendar
Call Expert Fiscaliste at 514-954-9031

Expert Fiscaliste provides Canadian and international income tax preparation and consulting services to individuals, businesses, and trusts.

If you want to take advantage of our services for your Tax Return. Give us a call at 514-954-9031, or visit our Contact Tax Experts page.

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