Tax Services
Expert Tax Guidance for Every Situation
With over 25 years of experience, our tax specialists provide accurate, thorough, and timely tax solutions for individuals and businesses alike
Overview
Tax preparation can be complex without experienced guidance. With over 25 years of personal and corporate tax preparation experience, you’re in trusted hands with Stefanizzi. Our founder, Jerry Stefanizzi, brings over 30 years of expertise, including specialized training in estate and retirement planning through the Chartered Professional Accountants of Canada’s In-Depth Tax Program.
Our Tax Services
Personal Tax Returns
Tax filing due dates vary depending on your income type, and missing a deadline can result in high penalties. Let our experienced team help you navigate these complexities, maximize allowable credits, and minimize your tax liability.
Professional development is integral to our team, ensuring we leverage the latest tax credits for your benefit.
Due
- Personal tax returns are due April 30 for employed individuals.
- Self-employed individuals have until June 15 each year.
We Can Help
Our tax filing expertise can secure you a faster refund with direct deposit options. Let us ensure your filing is accurate, timely, and maximizes every possible credit. Link to CRA Website
Corporate Tax Returns
We serve a large range of clients, from small businesses to large corporations. Each client requires individual attention and has different needs. We tailor our approach to each client. We have a wide range of experience and expertise within the firm and we work together to provide accurate tax reporting taking advantage of all credits available to you.
Resident Corporations
All corporations—including non-profit organizations, tax-exempt corporations, and inactive corporations—have to file a T2 return for every tax year, even if there is no tax payable. The only exception to this rule is a corporation that was a registered charity throughout the year.
Non-Resident Corporations
A non-resident corporation may be subject to Canadian income tax if, at any time in the year, one of the following situations applies:
- it carried on business in Canada
- it had a taxable capital gain
- it disposed of taxable Canadian property
A non-resident corporation has to file a return in a number of situations, including:
- when it has to pay Part I tax in the current year or would have to pay it except for a tax treaty
- when it has made an election to pay Part I tax on the net amount of timber royalty income or rental income from real property under subsection 216(4)
- when a corporation is subject to tax under Part XIV (known as branch tax)
- when it has made an election to pay Part I tax on the net amount of acting services under subsection 216.1(1)
Corporate Tax Filers
Corporations have different rules than personal tax filers. For example, a corporate tax return should be filed no later than six months after its ‘fiscal year end’. A corporation with a fiscal year end of February 28th would be required to file their corporate tax return no later than August 31.
- T5 information must be submitted prior to March 1st (this should be last day of February)
- T4 information must be submitted prior to February 28th (this should be last day of February as some years it’s February 29th)
To find out more specifically what dates apply to your corporation, please visit the Canada Revenue Agency website at:
Click here to visit the CRA website. regarding Corporate Filing.
Trust & Estate Returns
At Stefanizzi Professional Corporation we take a comprehensive approach in providing taxation services including trust, estate, and succession planning services for our clients.
We work closely with our clients and their families to create a foundationally strong plan with the goal of simplifying the taxation reporting process and minimizing the burden that death has on our clients, allowing them to focus on what matters most.
We guide our clients through the process in ensuring their trusts and estates are tax compliant, while also ensuring we meet their objectives and protect their wealth.
Our team at Stefanizzi has been a game-changer for us. Their expertise in accounting services has not only streamlined our financial processes but also provided us with invaluable insights into our business operations. They are always prompt, professional, and incredibly knowledgeable. Thanks to their support, we can focus more on delivering exceptional dining experiences to our customers.
Restaurant Industry
Our Specialists
Meet the Experts Behind Your Financial Success
