Personal tax compliance is essential for managing your finances, protecting your wealth, and achieving peace of mind. For family-owned enterprises, personal taxes are often intertwined with business operations, creating unique complexities that require expert guidance. At Shajani CPA, we specialize in providing tailored personal tax services that simplify compliance, optimize tax efficiency, and align with your financial goals.
From T1 returns to foreign reporting and estate filings, our comprehensive approach ensures accuracy and compliance with Canadian tax laws. With over 40 years of experience and a deep understanding of family enterprises, we’re here to help you navigate the complexities of personal taxation with confidence.
Comprehensive T1 Tax Return Preparation
We prepare your T1 General Return, accurately reporting all income sources, deductions, and credits while ensuring compliance with CRA regulations.
Specialized Support for Unique Tax Scenarios
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- Sole Proprietorships: Accurate reporting of business income and expenses using T2125 Statement of Business Activities.
- Real Estate Income: Expertise in preparing Schedule 776, ensuring proper deductions for rental properties.
- Investment Income: Detailed reporting of dividends, interest, and capital gains through Schedule 4 and Schedule 3.
Estate and Trust Tax Filings
We manage final returns, optional returns, and estate filings, ensuring compliance and tax optimization during challenging times.
Foreign and Cross-Border Reporting
Guidance on forms like T1135 (Foreign Income Verification) and support for Canadian residents with global investments.
Minimized Tax Liabilities
By identifying eligible deductions and credits, such as pension income splitting, medical expenses, and charitable donations, we help reduce your overall tax burden.
Accurate and Timely Filings
Avoid penalties and reassessments with precise, on-time reporting that adheres to CRA guidelines.
Tailored Solutions for Family Enterprises
Our services integrate your personal and business finances, offering strategies that align with your family and enterprise goals.
Proactive Tax Planning
Beyond compliance, we provide insights into tax planning opportunities, helping you prepare for future tax obligations and maximize long-term savings.
Comprehensive Support
Whether managing a sole proprietorship, foreign investments, or trust filings, our team offers seamless support for even the most complex tax scenarios.
The Shajani CPA Advantage
At Shajani CPA, we bring decades of experience, advanced credentials like CPA, LL.M (Tax), and TEP, and a commitment to helping Canadian families achieve financial clarity. As members of Russell Bedford International, we also provide global expertise for cross-border compliance, ensuring you remain compliant no matter where your financial interests lie.
Our Peak Performance Plans integrate personal tax compliance with broader financial strategies, delivering a roadmap to help you achieve your financial ambitions.
Tell us your ambitions, and we will guide you there. Let Shajani CPA handle your personal tax needs with unmatched expertise. Contact us today to simplify your tax obligations, minimize liabilities, and secure your financial future.