Trusted Personal Tax Consultants in Scarborough, ON

Welcome to GAAP Financial Services Inc., your trusted partner for personal tax services in Scarborough, ON. With over 15 years of award-winning expertise, we simplify tax filing, tax planning, and financial management for individuals and families. Located at the ALDGate Centre, our experienced team ensures accuracy, compliance, and maximum tax benefits tailored to your unique financial situation.

Full-Service Tax Preparation and Filing in Scarborough, ON

At GAAP Financial Services, we provide a wide range of tax services designed to meet your unique needs. Our tax filing services ensure accurate, timely submissions to the CRA, helping you avoid errors and penalties. With our tax planning expertise, we optimize your financial situation by identifying available deductions, credits, and strategies for future planning. Additionally, our tax advice services assist you in navigating major life changes, such as marriage, the birth of a child, or property sales, making the process seamless and stress-free. We are committed to helping Scarborough residents achieve financial peace of mind.

Services We Offer

At GAAP Financial Services, we provide a wide range of tax services designed to meet your unique needs. Our tax filing services ensure accurate, timely submissions to the CRA, helping you avoid errors and penalties. With our tax planning expertise, we optimize your financial situation by identifying available deductions, credits, and strategies for future planning. Additionally, our tax advice services assist you in navigating major life changes, such as marriage, the birth of a child, or property sales, making the process seamless and stress-free. We are committed to helping Scarborough residents achieve financial peace of mind.

Our Process

At GAAP Financial Services, we believe in offering a personalized approach to every client. Here’s how our process works:

  • Initial Consultation: We begin with a one-on-one consultation to understand your unique tax situation. Whether you're an employee, a business owner, or someone with multiple income sources, we tailor our advice to your needs.
  • Tax Preparation: We gather all necessary documentation and prepare your taxes in compliance with current regulations. From income and expenses to deductions and credits, we ensure everything is in order.
  • Review and Filing: Once your tax return is prepared, we review it with you to ensure accuracy and provide an opportunity to ask any questions. After approval, we file your return with the Canada Revenue Agency (CRA).
  • Ongoing Support: Tax laws can change, and we’re here for the long term. We provide ongoing support and advice, helping you stay up-to-date with any tax changes that may affect you.

Why Choose GAAP Financial For Personal Tax Services?

GAAP Financial Services stands out for its award-winning expertise, boasting over 15 years of experience in personalized tax preparation and financial services. We have a deep understanding of Scarborough’s tax regulations and community needs, enabling us to provide customized strategies that maximize tax refunds and minimize liabilities. By leveraging advanced technology, we offer real-time access to financial data through our cloud-based platform, ensuring accuracy and transparency. Let us handle the complexities of tax laws so you can focus on what matters most.

Client Testimonials

Frequently Asked Questions

What is the deadline for personal tax filing in Canada?

The deadline for personal tax filing in Canada is typically April 30th. Self-employed individuals have until June 15th to file, but any balance owed must still be paid by April 30th to avoid penalties.

Common deductions include medical expenses, charitable donations, and RRSP contributions. We work closely with you to ensure no deduction is overlooked, helping you maximize your refund.

If you owe taxes, filing on time is crucial to avoid penalties. We’ll guide you through available payment options and discuss potential plans with the CRA to help you manage your tax obligations effectively.

Additional Services

  • Corporate tax preparation
  • Book keeping and Accounting
  • Business registration
  • Investment strategies
  • Insurance services
  • Temporary accounting support
Contacts
Visit Us Daily

Unit 107 - 2100 Ellesmere Road, Scarborough, ON M1H 387

Have Any Questions?

647 347 2959
647 929 6358

Mail Us

info@gaapfinance.ca