Tax Services in Vancouver

Accountants-BC Ltd. is Vancouver’s trusted source for tax services. We stay up-to-date on the ever-changing landscape of local, provincial, and federal tax regulations to ensure your return is accurate and to help you get the most financial value. Whether you represent a business or are interested in personal tax guidance, we’re here to help.

Connect with us at (604) 683-2341 to learn more about what we can do to make your next tax season smooth.

Learn More About Tax Services

What Are Tax Services?

Tax services refer to services provided by tax professionals, like tax accountants or tax preparers, to assist individuals, businesses, and organizations in fulfilling their tax obligations. These services encompass a wide range of tasks related to tax planning, preparation, compliance, and representation.

How Much Do Tax Services Cost?

The cost of tax services like tax planning, unfiled back taxes, and tax return filing can vary widely depending on several factors, including the complexity of your tax situation and the type of services you require.

Here’s a general overview:

  • Tax planning: The cost of tax planning services can vary depending on the complexity of your tax situation and the level of analysis and planning required. Fees can increase dramatically for businesses with complex tax structures or high net-worth individuals with complex income streams and lots of assets.
  • Unfiled back taxes: If you have unfiled back taxes, the cost of resolving this issue will depend on the number of years of unfiled returns, the complexity of your tax situation, and any outstanding tax liabilities or penalties. Tax professionals may charge an hourly rate or a flat fee for assisting with unfiled back taxes, with costs depending on the extent of the work required.
  • Tax return filing: Filing services are cheapest for individuals with relatively straightforward tax returns. Business tax returns tend to be more expensive due to their complexity, with costs depending on the size and complexity of the business.

Do I Need to File Taxes If I Have No Income?

You may still be required to file a tax return without a source of income.

Here are some scenarios where you may need to file a tax return despite having no income:

  • You want to claim a refund: If you are eligible for certain refundable tax credits or benefits, such as the Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit, Canada Child Benefit (CCB), or provincial/territorial benefits, you must file a tax return to claim these credits or benefits.
  • You want to contribute to an RRSP: Even if you have no income, you may still be eligible to contribute to a Registered Retirement Savings Plan (RRSP) and carry forward the contribution room to future years. Filing a tax return allows you to report your RRSP contributions and claim deductions or carry forward contribution room.
  • You receive certain government benefits or credits: Some government programs or benefits like the Canada Child Benefit and Working Income Tax Benefit may require you to file a tax return to determine eligibility, even if you have no income.

Accountants-BC Ltd.’s Taxation Services

Our taxation services include:

  • Personal income tax services
  • Corporate tax services
  • CRA audit reviews and representation
  • Payroll tax
  • Tax planning
  • Unpaid back taxes
  • Non-filed tax returns

Connect With Our Tax Accounting Specialists

Accountants-BC Ltd.’s tax accounting specialists make it easy for individuals and businesses in Vancouver to access all the information required to tackle tax responsibilities, develop a smart tax strategy, and ensure swift access to financial opportunities.

We’re your source for cost-effective tax solutions. Call us at (604) 683-2341 for more information about our services.