Tax & Compliance
Every individual and organization in Canada must comply with federal and provincial tax laws by filing tax and information returns. Axil Alliance CPA LLP helps clients meet tax obligations, reduce tax burden through legitimate incentives, and avoid or resolve tax disputes.
Our Tax & Compliance services include:
Personal, Corporate & Partnership Tax
Personal Tax (T1)
Every individual or family must file annual T1 return(s), which can be complex depending on income sources and deductions. We assist with resident and non-resident filings and common schedules, including: T2125 (Self-Employed / Sole Proprietor / Business Income), T776 (Real Estate Rental), T1134 (Foreign Affiliate), and T1135 (Foreign Income & Assets).
We also support personal tax planning using tools such as RRSP, TFSA, CPP, donations, tuition, childcare, and medical expenses, and assist with eligibility for benefits such as CCB, GST/HST credits, Climate Action, Disability, and Worker Benefits (as applicable).
Corporate & Partnership
We support organizations with federal and provincial compliance and efficient tax administration. We serve a wide range of entities including Corporations, Professional Corporations, CCPCs, PSCs, Non-Resident Corporations / Foreign Branches, Partnerships (LP/LLP), and more.
Key returns include: T2 (Corporation) and T5013 (Partnership).
Trust, Not-for-Profit & Charity Tax
We support specialized filings and information reporting for:
- T3 (Trust)
- Not-for-Profit Corporations (as applicable)
- T3010 (Charity Return)
We also assist with related slips, information returns, and summaries where applicable, including: T4, T4A, T4PS, T5, T5008, T2202, and trust/partnership income reporting (e.g., T3, T5013).
Sales Tax (GST/HST / PST / RST / QST)
Sales taxes may apply under GST, HST, PST, RST, and QST depending on jurisdiction. We assist with:
- Understanding recoverability of different taxes
- Registrations with federal/provincial authorities
- Charging the correct tax and managing instalments
- Accounting for sales taxes and filing returns
- Support during sales tax audits
Cross-Border & Non-Resident Tax
We support resident and non-resident filings and cross-border compliance planning, including non-resident personal filings and international reporting requirements (as applicable).
Transfer Pricing
Organizations operating globally face higher risks of errors and ineffective tax management. We assist clients with compliance related to international tax obligations and transfer pricing rules in Canada.
SR&ED
Federal and provincial governments offer tax incentives for Scientific Research and Experimental Development (SR&ED) in the form of deductions and credits. We provide pre-SR&ED consultancy and support annual filing to help clients claim the incentives they qualify for.
Tax & Estate Planning
Tax planning aims to minimize taxes in a manner consistent with the intent of the law (not tax avoidance). We help clients plan for strategies such as managing current/future taxes, maximizing tax-free earnings, deferring higher-rate taxes, using incentives, changes in residency status, lifetime capital gains exemption, principal residence exemptions, rollovers/transfers, and estate planning.
CRA Audit Assistance
CRA reviews, inquiries, audits, and investigations can be time-consuming and costly. We help clients by:
- Providing a second opinion
- Assisting responses to reviews and inquiries
- Assisting in audits and investigations
- Representing clients with tax authorities and in tax courts (as applicable)
- Filing objections/disputes
- Requesting relief on interest, penalties, and fines