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Expert Fiscaliste has moved

Expert Fiscaliste has moved

Expert Fiscaliste 514-954-9031 has moved to 1000 de La Gauchetière Ouest, 24e étage, Montréal QC H3B 4W5.

Click here for directions to new office from our old office on Crescent street

Expert Fiscaliste has moved to better serve our clients and we are now located in the Le 1000 building which is directly connected to the Bonaventure metro station (line 2 – Orange). From inside the station, simply follow the indications leading you to Le 1000

The building is served by STM bus routes 36 Monk (on Saint-Jacques St. going East, on Saint-Antoine St. going West) and 107 Verdun (on Peel St.). We are also directly connected to the AMT’s Terminus Centre-ville, the downtown bus terminal for many suburban bus lines serving the Montréal South Shore.

For more information on how you access our new office at 1000 de La Gauchetière Ouest, 24e étage, Montréal QC H3B 4W5 

For more information on preparing your 2017 Tax Returns

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.

Corporate Tax Due Dates

Corporate Tax Due Dates

When to file your corporate income tax return:

  • No later than six months after the end of each tax year
  • No later than three years after the end of the tax year to receive a tax refund

Corporation payments:

  • Generally, the balance-due date for the remainder of tax owing is two months after the end of the tax year.
  • Small CCPC the balance is due three months after the end of the tax year.

Paying current year instalments:

  • If your net corporate tax owing for the previous year is greater than $3000 you will need to pay installments
  • Generally, corporations have to pay their taxes in monthly instalments.
  • A small CCPC is eligible to make quarterly instalment payments if, at the time the payment is due:
For more information see https://www.expert-fiscaliste.org/corporate-tax-calendar/

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.

2016 Filing due date for self employed persons

2016 Filing due date for self employed persons

If you or your spouse carried on a business in 2016 , your personal return for 2016 has to be filed on or before June 15, 2017.

However, if you have a balance owing for 2016, you have to pay it on or before April 30, 2017.

Important facts

  • If you earned self-employment income from a business you operate yourself or with a partner, you must report it.
  • Keep thorough records if you own a business or are engaged in a commercial activity. The records have to provide enough detail to determine the taxes you owe and support the benefits you are claiming, and must be supported by original documents.

https://www.expert-fiscaliste.org/individual-tax/individual-tax-calendar-interest-rates/

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.

Filing due dates for the 2016 tax return

Filing due dates for the 2016 tax return

Since April 30, 2017, is a Sunday, your return will be considered filed on time if we receive it on or it is postmarked on or before May 1, 2017 https://www.expert-fiscaliste.org/2017-tax-calendar-individuals/

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.

2016 Heath Contribution Abolished Retroactive

2016 Heath Contribution Abolished Retroactive

Québec Budget – Modifications introduced in the 2017-2018 Budget, tabled March 28, 2017 Health Contribution
In its budget tabled on March 28, 2017, the Québec government announced that the health contribution has been abolished retroactively beginning with the 2016 year for all taxpayers 18 years of age or older whose income for that year was under $134,095.

Taxpayers with income over $134,095 for 2016 will have to pay, unless exempt, a health contribution equal to the lesser of the following amounts: $1,000 or 4% of their income in excess of $134,095.

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.

What’s new on 2016 tax return

What’s new on 2016 tax return

There were a significant number of tax changes which took effect during the 2016 tax year which affected individuals, and which are reflected on the 2016 return to be filed this spring.

For more information follow this link to our page https://www.expert-fiscaliste.org/individual-tax/2016-tax-return/whats-new-2016-tax-return/ 

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.

2017 Tax Calendar for Individuals

2017 Tax Calendar for Individuals

Tax Calendar
Call us at 514-954-9031
There are important deadline dates that apply to all Canadian returns and tax slips which are required to be filed during 2016.  To avoid penalties all returns must be postmarked by the due date specified.

For more information on:

  • when your tax slips should arrive
  • the filing dates for your returns
  • when you need to make your payments
Follow this link https://www.expert-fiscaliste.org/individual-tax/individual-tax-calendar-interest-rates/ or if your prefer download our PDF version 2017 Expert Fiscaliste Tax Calendar.

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.

Individual income tax rates brackets 2017

Individual income tax rates and brackets for 2017

The Canada Revenue Agency has indicated that an indexing factor of 1.4% will apply to federal individual income tax brackets for the 2017 tax year. The personal income tax brackets and rates which will apply for 2017 are therefore as follows.
$11,635 to $45,916 ………… 15% $45,917 to $91,831 ………… 20% $91,832 to $142,353 ……… 26% $142,354 to $202,800 ……  29% Over $202,800 ………………   33% The federal government does not impose a general or high-income individual income tax surtax. For more informatation on preparing your 2016 tax return click here https://www.expert-fiscaliste.org/individual-tax/2016-tax-return/

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.

Let us prepare your 2016 tax returns for you

Let us prepare your 2016 tax returns for you

As for Will at 1-877-542-2130
Call us 1-877-542-2130
Let us prepare your Tax Returns
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.   Our experts receive extensive training to keep current on all the tax changes to ensure you get back all the money you’re entitled to.  Expert Fiscaliste will support you throughout the year if you are audited or asked questions by government authorities or interested in tax planning.
Call us 877-542-2130
It’s that time of the year again and we offer convenient, accurate, and affordable preparation of all types of tax returns. We’re equipped to handle any tax situation, including personal returns, rental properties, estate/trust, and foreign income. We’ll make sure that you get the maximum refund possible, and we provide you with tax support after the tax returns are filed.  Just follow three simple steps.  For more information on how click here for our PDF
Call us 877-542-2130
Tax Returns can be complicated and extremely time consuming.  Tax payers can be particularly challenged and stressed in knowing what information is required in compiling a tax return.   Use our check list to help you prepare the documents that you will need for your 2016 tax return. For more information click here for our PDF

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.

2017 TFSA Contributions

Tax Free Savings Accounts (i.e. TFSA)

Tax-free savings accounts are available for Canadian residents who are 18 years of age or older.  The first tax year that they were available was 2009.

There is no deadline for contributions to a TFSA, as the unused contribution room is carried forward into the next year.  However, a withdrawal in any year increases the TFSA room in the following calendar year.  Thus, if you are thinking of making a withdrawal close to year end, make sure it is done by December 31st, in order to have the withdrawal amount added back to the TFSA room sooner.

In a tax-free savings account:

  1. All investment income (interest, dividends, trust distributions and capital gains) will accumulate tax free
    1. Considering this all capital losses are not tax deductible, and
    2. not eligible for Canadian dividend tax credits
    3. Interest on money borrowed to invest in TFSA is not tax deductible
  2. Contributions are not tax deductible
    1. Excess contribution are subject to 1% monthly tax
    2. Contributions are reported directly to CRA by your financial institution (ask your tax professional for your details)
    3. 2017 contribution annual limit is $5,500, for total of $52,000 contribution room
    4. 2015 limit $10,000
    5. 2013-2014 limit $5,500 annually
    6. 2009-2012 limit $5,000 annually
  3. Withdrawals are not taxable
  4. Death of the TFSA Holder
    1. Can name a spouse or common-law partner as “successor holder” and on death the spouse keeps tax exempt status without affecting the spouse’s contribution room
  5. Martial Breakdown or divorce
    1. Can transfer directly to former spouse without affecting their contribution room.

For our PDF version click 2017 TFSA summary

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.

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