
Frequently asked questions
We offer personal and corporate tax preparation, bookkeeping, financial statement preparation (compilations), payroll services, and advisory services.
Our firm is based in Ontario and proudly serves clients across all provinces (Quebec excluded), both in-person and remotely.
If you're a small business owner, self-employed, or require assistance with personal or corporate taxes, an accountant can save you time, ensure compliance, and maximize your tax savings.
The deadline for personal income tax returns is usually April 30th for most Canadians. Self-employed individuals have until June 15th, but any taxes owing must be paid by April 30th. Corporations have to file 6 months after their chosen year-end date, and payment is due within 3 months of that date.
We will provide you with an exhaustive list of what’s needed for your situation. In general, you will need your T-slips (e.g., T4, T5), receipts for deductions (e.g., medical expenses, charitable donations), RRSP contribution receipts, and any other relevant documentation. Business owners will need to have their books prepared in advance. Having access to your CRA My Account for individuals and/or My Business Account is important as well, so ensure this is set up so you can have real-time access to your CRA information.
Yes, but you may incur interest and penalties on taxes owed. We recommend filing as soon as possible to minimize these costs.
Yes, we can assist with CRA audits by representing you, preparing necessary documentation, and communicating with the CRA on your behalf.
We offer bookkeeping, financial statement preparation, payroll management, and strategic advice, saving you time so you can focus on your daily operations.
Yes, we can handle payroll processing, source deductions, and remittances to the CRA.
Incorporation can offer tax advantages, limited liability protection, increased credibility, and succession planning. We can help you decide if it’s the right step for your business.
We mainly work with QuickBooks Online, but we tailor our recommendations to your specific needs.
Absolutely! We can help you develop a personalized financial strategy that aligns with your goals.
Yes, we offer services for personal tax preparation and tax planning.
Our fees vary depending on the nature, complexity, and time requirement of the services requested. Contact us for a personalized quote.
Yes, we provide virtual consultations for your convenience, book your free 30-minute consult here.
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Every client's needs are unique, and so is our pricing!
With Abdul El Tawil, CPA we pride ourselves on being able to provide quality work at competitive rates.
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