With years of tax return preparation experience, we welcome the opportunity to assist you in preparing your Personal (T1) returns.

At LES Financial Services, we are committed to providing personal tax services that provide our clients with the most beneficial tax treatment to ensure no unnecessary tax is paid. Our team is completely versed in all applicable tax rules and legislation. It works to understand individual and family situations’ financial and tax implications to reduce tax burdens and maximize benefits.

Tax services offered include:

Tax Preparation

Our significant investment in computerized tax preparation and research software enables us to prepare returns accurately and efficiently for individuals, sole proprietorships, partnerships, trusts and estates.

• Accurate returns through the use of CRA approved software
• Tax planning

T1 Returns

• Residents of Canada for part or all of the year
• Individuals receiving income from employment, investments and private or government pensions
• Terminal returns for individuals deceased during the year

During Tax Season

• Gathering of slips and documentation
• Analysis of your tax situation to ensure that no claim has been overlooked
• Preparation of entire family’s returns (including spouse and children)
• Preparation of your HST return if you are self-employed
• Optimizing family income splitting
• Timely filing of elections
• Electronic filing of returns

After-Tax Season

• Verification of accuracy of Notice of Assessments
• Preparation of adjustments to previous years’ filings as required
• Handling of correspondence with CRA in the event of an e-file audit or pre-assessment review
• Communicating with CRA on a variety of issues requiring immediate attention
• Ongoing discussions regarding tax planning strategies that may present themselves throughout the year

Tax Planning

Strategic tax planning is the key to meeting your personal goals. Our team understands the importance of setting your retirement goals to best match your current earnings with tax-deferred savings. We also understand the importance of saving for your children’s education. We can help you use RRSPs, RESPs, and Tax-Free Savings Accounts to their best advantage.

 

Contact us today by email ls@lesfs.ca or call us at 416-705-4870 for more information about how we can help with your tax planning and preparation.