March and April are the busiest months for preparing income tax returns, and the team at Canwest Accounting are prepared for the deluge of returning and new clients coming to them to do their tax returns professionally and thoroughly.
Sharlane Bailey, Owner of Canwest Accounting, says her team of accounting and bookkeeping experts in the company’s Victoria and West Shore (Langford) offices take time to discuss revenues, tax receipts and expenses with each individual and business owner to ensure they are utilizing all the deductions allowable by the Canada Revenue Agency (CRA).
“We are open all year round and get to know our clients,” Bailey says. “We remember people from year to year and that consistency really helps our customers because we have all their information in our files, including carry-overs from previous filings and ongoing records of credits like depreciation of assets.”
An advantage to using an accounting firm like Canwest Accounting versus a temporary pop-up tax service is you can usually deal with the same person each time and be able to meet with them throughout the year to ask about tax repercussions when your life circumstances change. That might involve selling an investment property, getting advice on inheritance tax planning, or how to receive tax benefits when you’re caring for elderly parents or a child with a disability.
By mid-March, most people can expect to have already received their:
- T4 slips
- Registered Retirement Savings Plan (RRSP) receipts
- Tuition receipts (often available online)
- Investment statements
- Registered Education Savings Plan (RESP) receipts
“We can work through complicated situations with people, provide advice and help them to create a plan to minimize taxation – we’re used to doing that no matter what time of year it is,” Bailey says.
To have the friendly, reliable team at Canwest Accounting prepare your tax return, call to make an appointment or drop in at either the Victoria or Langford location. When dropping off your tax information – preferably by April 16 – please fill out our Personal Tax Checklist.
The suggestions and advice provided by Canwest Accounting should not be relied upon in place of professional advice. You are responsible for checking the accuracy of relevant facts and opinions provided.