September 8, 2014

Income Tax Preparation

Income Tax Preparation

The Canada Retirement Information Centre’s Tax Department has prepared thousands of reviews and evaluations for senior taxpayers, (at no charge), to determine potential tax savings.  We have seen many tax returns where taxpayers, or their tax preparers, did not take full advantage of the pension splitting options or maximize other tax credits, deductions and transfers available to minimize income tax payable.  It was then we realized our seniors could be well served if they were provided with a quality tax preparation service at an affordable cost. In keeping with Canada Retirement’s commitment to service, the Canada Retirement Information Centre now offers a convenient and lower cost alternative for preparation of personal and business Income Tax and Benefit Returns.  With changing tax rules each year, you may not be making the most of all your options.  Our tax service is geared to the specific needs of retirees and seniors living in the National Capital Region.  The Canada Retirement Tax Services Department, managed by Pat Howe, our Senior Tax Consultant, offers the following tax services:

Free Tax Preparation Service:

The Canada Retirement Information Centre has been providing it’s clients with a unique service.  We offer a free tax preparation service for clients and their spouses.  This free service is for the preparation of basic personal income tax returns.  We will continue to offer this service to clients of the Canada Retirement Information Centre.  Where our clients have rental income, business income or more complex issues that require additional research in preparing their tax returns or more extensive correspondence with Revenue Canada is necessary, we do charge a nominal fee. In addition, we will prepare the tax returns for extended family members, such as parents or children of our clients, for a reasonable fee.  We also prepare Estate Tax returns in the year of death of a taxpayer.  Please see our Estate Settlement Service on this website for more information on tax issues in the year of death.

Fee Based Tax Preparation Service:

Selecting a competent tax professional is an important financial decision. We are confident that you will be afforded a quality service without the burden of high priced fees or having to see a different tax preparer each year. The Canada Retirement Information Centre, with it’s history of excellent client service and focus on our client’s needs, is a great choice! We take pride in the fact that many of our tax preparation referrals come from Canada Retirement’s clients. Our goal is to help you cut through the paperwork and minimize your tax burden and still, within the regulations, help you to meet your obligations to the Canada Revenue Agency. Our personal tax preparation fees start at $85 for individuals and $170.00 for couples. Additional fees are charged on billable time at an hourly rate that is considerably below what other tax preparers might charge.

This service provides:

  • A Review of Prior Year Returns
  • Individual Income Tax Preparation
  • Assessment Reviews & Adjustments
  • Small Business/Self-employed Tax Preparation (other than Corporate)
  • Personalized Spreadsheet for Small Business/Self-employed Income & Expenses
  • Previous Year Corrections
  • Late filings
  • CRA Audits and Appeals
  • Personal Tax Planning
  • Estate Tax Return (Please see our Estate Settlement Service)

To take advantage of this service, call or email Pat Howe today at 613-225-2020, to make an appointment. We will provide a free review of your tax returns and look forward to preparing your future returns.