INCOME TAX SERVICES

We are proud to offer a wide range of accounting services to meet your personal and business Income tax needs, No matter how complex they are. We provide personal income tax  services to individual, students, seniors, entrepreneurs, small business and various professional services allowing you to conveniently file your income tax return and get full support from our dedicated Dimaro Tax Professionals.

 

To learn more about each, click on the service titles below.

PERSONAL & SELF-EMPLOYED TAX RETURNS T1

Dimaro Tax is known for its accurate, affordable and reliable tax filing in Scarborough. Our staff prepare basic tax returns to complicated tax returns. Whether you have been recently married, divorced, separated, immigrated to Canada, leaving Canada or have been working on a commission basis, our tax experts are Chartered Professional Accountants who can handle any situation.

 

Dimaro Tax has an experienced accounting professional ready to expertly prepare your tax filing and tax planning needs with exceptional personalized services and at very affordable fees. Our aim is to assist each client individually to minimize your refund by claiming each and every deduction legally possible. We take the time to understand your situation. You may forget to bring the necessary documents but we consider it's our responsibility to review and remind you of those missing documents. 

 

Tax Preparation Services we specialized in are:

 

  • New Immigrants

  • Departure Returns 

  • Seniors and Canadian foreign pension

  • Rental Income

  • Capital Gains & Various Investment Income

  • Social Assistance 

  • Disability 

  • Returns Of Deceased Person

  • Canadian Overseas Tax Preparations

  • Salaried and Commission Employee

  • Contractors 

  • Students

SELF-EMPLOYED TAX RETURNS

If you are self-employed and your business is not incorporated, you must file an individual tax return. We can help deduct all your possible business expenses. If you are unsure whether you can claim a certain business expense, call our professional accountants.

Self-Employed tax return are due on June 15th of each year. However, If there is a tax liability, you are required to remit the tax payments by April 30th to avoid interest & penalties. 

 
CORPORATE & BUSINESS TAX RETURNS T2

Are you a start-up business owner? Not sure if you need to incorporate? 

 

A corporation is a legal entity that is separate from its shareholders and directors. A corporation is required to file a corporate tax return every year whether or not there are taxes payable. Corporate tax returns are due 6 months after their corporation's year-end. 

 

Our Corporate clientele range from small to medium-size. 

 

We provide our corporate clients with a complete package. We assist our clients with bookkeeping, payroll, financial statements, HST returns and Corporation tax returns. 

 

We also assist with Business incorporation, registering Business, obtaining HST number, Payroll number and WSIB number. 

 
ESTATE & TRUST RETURNS T3

Upon an individual’s death, they are deemed to have sold all their assets immediately before their death, this also initiates an immediate year end. The executor has to file a final T1 and potentially a T3 tax return.


Final tax return is required to report all of the deceased’s income from Jan 1 to and including the date of death. Any income received after date of death, should be reported on T3, trust return.


T3 return is required if the income from the trust is subject to tax for many reasons. Eg: Deemed disposition of capital assets; is a deemed resident trust; has tax liability, etc. If the estate exists every year, then a T3 return is required to be filed ever year. Upon winding up the estate and distributing all the assets to the beneficiaries, the executor should request for a clearance certificate TX19 from CRA to show that all the taxes owing has been paid.

 
BOOKKEEPING & Payroll

Dimaro Tax understand the value of our client's time. We believe our client's time is well spent on their business then crunching numbers. 

 

To meet our client's demand - we provide services on a monthly, quarterly & annual basis.  We are here to help provide accurate, timely and of high quality bookkeeping service in GTA area. 

 

We provide our clients with a complete package. We assist our clients with bookkeeping, payroll, obtaining HST/payroll number, filing corporation tax return and personal  tax return. 

 
CANADA REVENUE AGENCY (CRA) AUDITS

Have you received a notice from CRA? Whether pre-assesment notice or post assessment notice - we can help!

 
VOLUNTARY DISCLOSURE PROGRAM (VDP)

If you have unreported income or unfiled taxes - take advantage of the VDP program. 

 

Canada Revenue Agency (CRA) has introduced this program for taxpayers so they can disclose information that were previously unreported. 

 

If the information submitted under the VDP program is accepted by the CRA, you may avoid penalties and potential prosecution. 

 

Dimaro Tax Service offers wide range of services depending on your personal and business needs. 

 

Due to our diverse client base, we encounter a wide array of financial and tax issues. As a result, we have gained a valuable experience over the years in numerous specialized areas, many of which are listed below. We feel our ability to provide such a variety of services reflects our versatility and competency, as well as our dedication to quality client service. 

 

  • Advice on personal inheritance financial matters

  • Estate planning

  • Financial Statements to help you in making business decisions

  • Helping your business grow

  • Investment Planning

  • Non-Resident Taxation

  • Business Loans

  • Payroll services

  • Financial Forecast & Budget Preparations

  • Representing clients in tax matters

  • Retirement planning

  • Risk Assessment

  • Starting a New Business

  • Tax Returns Preparation ( Personal, Self Employed and Corporate Tax)

  • Sales Tax Consulting ( GST, PST, HST)

 
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1177 Victoria Park Avenue, Toronto, ON  M4B 2K5

dimarotax@gmail.com  |  416.288.0829

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