Tax Compliance

Minimize Your Risk, Maximize Your Returns

We help you navigate the complexities of Canadian tax law, ensuring you meet all your compliance obligations while minimizing your tax burden. From corporate tax filings to GST/HST returns, payroll remittances, and tax planning strategies, we provide comprehensive solutions to keep your business on track.

Tax Compliance

Secure Compliance

Navigating Canadian tax laws can be complex. We provide expert guidance and comprehensive services to ensure your business meets its compliance obligations, minimizes risk, and maximizes tax efficiency. Focus on your core operations, while we handle your corporate tax, GST/HST returns, payroll compliance, tax planning, and audit support.

Expertise

Corporate Tax Filings (T2)
GST/HST Returns
Payroll Compliance
Tax Planning
Audit Support
T106 Information Return
Non-Resident Tax (NR4)

Why Choose Us for Your Tax Compliance?

Corporate Tax Filings
GST/HST Returns
Payroll Compliance
Tax Planning
Audit Support
Deep Tax Knowledge

Navigating Complex Tax Laws: Expert Interpretation of the Income Tax Act

The Income Tax Act (ITA) is complex and subject to frequent changes. Our team maintains in-depth knowledge of the ITA and related case law, ensuring that we accurately interpret and apply tax laws to minimize your tax liability and optimize your tax position. We also monitor legislative and regulatory developments to proactively advise you on any potential impacts to your business.

Industry Specialization

Industry-Specific Tax Expertise: Tailored Solutions for Your Business

Each industry faces unique tax challenges and opportunities. We have expertise in a wide range of industries, allowing us to provide tailored solutions to meet your specific needs. Whether you're in manufacturing, retail, technology, or another sector, we can help you navigate the complexities of your industry and optimize your tax strategy.

Accurate Remittance

Ensuring Accurate GST/HST Remittances: Avoiding Penalties and Interest

Errors in GST/HST remittances can result in costly penalties and interest charges. We have a proven track record of ensuring accurate and timely GST/HST filings, minimizing your risk of errors and penalties. We also advise on the proper collection, remittance, and reporting of GST/HST to ensure compliance with CRA regulations.

Input Tax Credits

Maximizing Input Tax Credits: Recovering All Eligible GST/HST

We help you maximize your recovery of input tax credits (ITCs), ensuring that you claim all eligible GST/HST on your business expenses. This involves carefully reviewing your records, identifying eligible ITCs, and properly documenting your claims to support compliance with CRA requirements.

Accurate Withholding

Accurate Payroll Withholding: Ensuring Compliance with Source Deduction Requirements

Accurate payroll withholding is essential for meeting your obligations under the Income Tax Act and the Canada Pension Plan (CPP) and Employment Insurance (EI) Acts. We ensure that you accurately calculate and remit source deductions, including income tax, CPP contributions, and EI premiums, to avoid penalties and interest charges.

T4 Slips

Timely T4 Slip Filing: Meeting Deadlines and Avoiding Penalties

The timely filing of T4 slips and summaries is crucial for meeting your year-end payroll reporting obligations. We ensure that your T4 slips are accurately prepared and filed by the prescribed deadlines to avoid penalties. We also provide electronic filing services to streamline the reporting process.

Proactive Advice

Proactive Tax Planning: Identifying Opportunities to Minimize Your Tax Burden

We take a proactive approach to tax planning, continuously monitoring changes in tax laws and regulations to identify opportunities to minimize your tax liability. Our services include developing customized tax planning strategies, optimizing your corporate structure, and implementing tax-efficient investment strategies.

SR&ED Tax Credit

SR&ED Tax Credit Claims: Maximizing Your Research and Development Incentives

The Scientific Research and Experimental Development (SR&ED) tax credit is a valuable incentive for businesses engaged in research and development activities. We have expertise in preparing and filing SR&ED claims, helping you maximize your recovery of eligible expenses. Our services include assessing your eligibility, documenting your R&D activities, and preparing a comprehensive claim that meets CRA requirements.

Audit Preparation

Comprehensive Audit Preparation: Minimizing Disruption and Maximizing Results

A CRA audit can be a stressful and time-consuming process. We provide comprehensive audit preparation services to help you minimize disruption and maximize results. This includes reviewing your accounting records, identifying potential audit issues, and preparing a comprehensive response to CRA inquiries.

Representation Support

Expert CRA Audit Representation: Protecting Your Interests and Resolving Disputes

We provide expert representation during the CRA audit process, acting as your advocate and protecting your interests. Our experienced professionals understand CRA audit procedures and can effectively communicate with auditors, negotiate a favorable resolution, and minimize your tax liability.

Why Switch to InterGest?

Avoid the stress and complexity of tax compliance. We provide expert services for corporate tax, GST/HST returns, payroll, tax planning, and audit support, ensuring you meet your obligations accurately and efficiently. Let us handle your tax compliance, so you can focus on growing your business.

We Assist

  • Preparing for CRA Audits

    We assist businesses in preparing for CRA audits, ensuring that all records are organized, documentation is complete, and procedures are in place to minimize disruption and ensure a successful outcome. This includes reviewing your accounting records, identifying potential audit issues, and developing a comprehensive audit defense strategy.

  • Managing Payroll Compliance

    We assist businesses in managing payroll compliance, ensuring accurate and timely remittances of source deductions (income tax, CPP, EI), filing of T4 slips, and compliance with all applicable payroll regulations. We stay up-to-date with the latest payroll tax rates and regulations, minimizing your risk of penalties and interest charges.

  • Optimizing Tax Planning

    We assist businesses in developing and implementing tax planning strategies to minimize their tax liability, maximize their wealth, and achieve their financial goals. This includes identifying tax-saving opportunities, structuring transactions tax-efficiently, and implementing tax-efficient investment and estate planning strategies.

Essential Tax Knowledge: Expand Your Understanding of Key Compliance Concepts

  • What are Eligible Capital Expenditures (ECE)?

    Eligible Capital Expenditures (ECE) are costs that create an economic advantage or provide revenue for the business to grow. The difference between Capital Expenditures and ECEs is the capital doesn't exist tangibly. According to the Government of Canada website, ECE can include: goodwill, trademarks, patent applications etc.

  • Understanding the Capital Cost Allowance (CCA) System

    According to the Government of Canada Website, Capital Cost Allowance (CCA) is the tool to write off capital assets expense over the duration of business activity. Because an asset may lose its value due to normal wear and tear, or to obsolescence, it is used to estimate the deductible amount that could be claimed.

  • What is a Notice of Objection?

    A Notice of Objection is a formal process that outlines a taxpayer's intentions to object to a tax decision. An individual must submit this request within 90 days of receiving the tax assessment, in writing to the location on their tax assessment. The CRA has the right to deny this request, and it can take over a year to arrive at a decision.

  • What is Transfer Pricing?

    Transfer Pricing refers to the price charged for transactions between related parties. While the government of Canada doesn't restrict transactions with foreign subsidiaries, the organization must act at arm's length as though transacting with an unrelated company.

  • Understanding the Small Business Deduction (SBD)

    A Small Business Deduction is an incentive for Canadian-Controlled Private Corporations (CCPC) to be taxed at a lower rate. This can help to reduce the overall tax bill on a tax return to encourage the business.

FREQUENTLY ASKED QUESTIONS

  • What are some common red flags that can trigger a CRA audit, and how can I proactively mitigate these risks?

    Common red flags include inconsistencies between reported income and expenses, large fluctuations in income from year to year, and unusually high deductions. To mitigate these risks, maintain accurate and complete records, ensure that all transactions are properly documented, and seek professional tax advice to ensure compliance with CRA regulations.

  • What are the different types of payroll remittances, and how can I ensure that I am remitting the correct amounts?

    Payroll remittances include source deductions for income tax, Canada Pension Plan (CPP) contributions, and Employment Insurance (EI) premiums. To ensure that you are remitting the correct amounts, use CRA-approved payroll software or consult with a payroll expert. You can also consult the CRA's payroll guides and online calculators to help you calculate your remittances accurately.

  • What are the key considerations when claiming the Scientific Research and Experimental Development (SR&ED) tax credit, and how can I maximize my claim?

    Key considerations when claiming the SR&ED tax credit include properly documenting your research and development activities, ensuring that your expenses are eligible, and preparing a comprehensive claim that meets CRA requirements. To maximize your claim, consult with an SR&ED expert who can help you identify all eligible activities and expenses, prepare a strong claim, and navigate the SR&ED process.

  • How does transfer pricing affect my business, and what steps can I take to ensure compliance with transfer pricing regulations?

    ransfer pricing affects businesses that engage in cross-border transactions with related parties. To ensure compliance with transfer pricing regulations, you must establish arm's length transfer prices for all transactions and document your transfer pricing policies and procedures. Consult with a transfer pricing expert who can help you develop a transfer pricing strategy that is compliant with Canadian and international tax laws.

  • What are the different methods of dispute resolution available if I disagree with a CRA assessment, and which method is most appropriate for my situation?

    If you disagree with a CRA assessment, you can file a notice of objection or pursue other dispute resolution methods, such as informal discussions with the CRA or mediation. The most appropriate method will depend on the nature and complexity of the issue, the amount in dispute, and your overall tax situation. Consult with a tax lawyer or accountant who can advise you on the best course of action.