<div className="wpb_wrapper">
        <div style = "font-size: 18px;">
        <p style = "color:#408fc8; font-size: 24px;"> Are you a sole proprietor ?</p>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify;"><p>If you had business income in 2020, you will need to submit a statement of business activities with your return. We specialize in taxes for business owners. Get the tax expertise you need.</p>
        <p>Reporting of business income can be very tricky. Our experts have in-depth knowledge of claimable business expenses and will ensure that save significantly on your tax bill. We can even take care of your bookkeeping needs and help you plan your taxes.</p></div>
        </div></div>

<div className="wpb_text_column wpb_content_element ">
        <div className="wpb_wrapper">
        <div style="font-size: 18px;">
        <p style = "color:#408fc8; font-size: 24px;">Haven't Filed for years?</p>
        <p style = "color:#408fc8; font-size: 24px;">Is CRA sending you notices?</p>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify;"><p>We can help you file all your pending taxes for prior years.
        You may be liable to late filing penalty on your prior year taxes.
        Our team of experts will analyze your case and save you money on penalties and interest.
        It is in your interest to file the taxes even if you will have a hard time paying your tax bill.
        Late filing penalties are over and above the interest, you will pay on the money you owe in taxes.</p>
        <p>Our Tax Professionals are trained to handle all situations, whether they are simple or complicated.</p>
        <p>So don't waste another minute!</p></div>
        </div></div></div>

<div style="color:#408fc8; font-size: 24px;">        <p>Are You Being Audited?</p></div>
        <div  style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>Receiving those brown envelopes from CRA can be an intimidating experience. Let the experts at Softron help you with CRA review and audit. You may have received a letter from Canada Revenue Agency demanding additional information about your tax return.</p>
        <p>We at Softron take care of all the CRA reviews for our existing Softron clients. Even if you did not file your taxes with Softron, we will be happy to review your tax return and help you complete the review process with CRA.</p>
        </div>


        <p style = "color:#408fc8; font-size: 24px;">Have you received or found another income slip or deduction receipt?</p>
        <div  style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>We are all human and we all lose or misplace things. If you find any income slips or deduction receipts after your tax return has been filed, simply bring it in to any of our Softron Offices and one of our experts will gladly file an adjustment for you. An adjustment could mean the difference between a higher than expected refund or reduction in the balance owing to the Canada Revenue Agency.</p>
        <p>It is imperative that any adjustment is made as soon as possible as the Canada Revenue Agency does not allow carry over of income slips from year to year, and there are strict deadlines on the use of certain deduction receipts.</p>
        <p>Failure to report income can result in penalties and interest on taxes owed on that income.</p></div>

<div className="wpb_wrapper">
        <div className="wpb_text_column wpb_content_element ">
        <div className="wpb_wrapper">
        <div style = "color:#408fc8; font-size: 24px;">
        <p><span id="Tax Planning Services" style="border-top: 10px solid transparent;">Need help with your Income Tax Planning?</span></p>
        <p>Do you end up owing in taxes every year?</p>
        <p>Did you do your own taxes and not sure if everything was done right?</p>
        <p>Do you need tax advice with your investments?</p></div>
        <div  style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>No Problem. Experts at Softron tax can help. The experts at Softron have a collective experience of filing over a million tax returns. We know all the tax laws and will do our best to make them work for you.</p>
        <p>We will be happy to review your taxes for free and advise you of any errors.</p>
        </div>
        <p></p></div></div>
        </div>

<div style="color:#408fc8; font-size: 24px;">
        <p>Did you get hurt in an accident recently?</p>
        <p>Do you or someone you know have any of these conditions?</p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <ul>
        <li style="list-style: disc; margin-left: 30px;">ADD</li>
        <li style="list-style: disc; margin-left: 30px;">Addiction</li>
        <li style="list-style: disc; margin-left: 30px;">Alzheimer’s</li>
        <li style="list-style: disc; margin-left: 30px;">Anxiety</li>
        <li style="list-style: disc; margin-left: 30px;">Bi-polar</li>
        <li style="list-style: disc; margin-left: 30px;">Depression</li>
        <li style="list-style: disc; margin-left: 30px;">Difficulty in Walking</li>
        <li style="list-style: disc; margin-left: 30px;">Eating Disorders</li>
        <li style="list-style: disc; margin-left: 30px;">Diabetes</li>
        <li style="list-style: disc; margin-left: 30px;">Heart Disease</li>
        <li style="list-style: disc; margin-left: 30px;">Cancer</li>
        <li style="list-style: disc; margin-left: 30px;">IBS</li>
        <li style="list-style: disc; margin-left: 30px;">Learning Disabilities</li>
        <li style="list-style: disc; margin-left: 30px;">Mental Illness</li>
        <li style="list-style: disc; margin-left: 30px;">OCD</li>
        <li style="list-style: disc; margin-left: 30px;">Physical Disabilities</li>
        <li style="list-style: disc; margin-left: 30px;">PTS Disorder</li>
        <li style="list-style: disc; margin-left: 30px;">Schizophrenia</li>
        <li style="list-style: disc; margin-left: 30px;">Hearing or Speech Disability</li>
        <li style="list-style: disc; margin-left: 30px;">Arthritis</li>
        <li style="list-style: disc; margin-left: 30px;">Kidney Dialysis</li>
        <li style="list-style: disc; margin-left: 30px;">Parkinson’s</li>
        </ul>
        <p></p>
        <p style="color: #068d8e;"> Softron can help you get a tax benefit of up to $30,000 under the Canada Revenue Agency’s Disability Tax Credit Program</p>
        <p>Learn More at&nbsp;<a href="https://www.canada.ca/en/revenue-agency/services/forms-publications/forms/t2201.html">www.thecda.com</a></p>
        </div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 24px;">
        <p>Have you heard about our Welcome to Canada Package?</p>
        <p>Are you a new immigrant?</p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>You may be eligible for quarter GST/HST credit payments and monthly Ontario Trillium Benefit payments. If you have dependent children, you will also need to apply for the Canada Child Benefit. In addition, Canadian taxation is based on Worldwide Income which means each Canadian resident must pay taxes on income earned anywhere in the world after they become residents of Canada.</p>
        </div>
        <p></p></div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;  text-align: center;">
        <p>We offer Expert Advice</p></div>
        <div style="color:#408fc8; font-size: 24px;">
        <p>Have you failed to report all your income on one of your past tax returns?</p>
        <p>Do you hold a foreign property that you have not reported to Canada Revenue Agency?</p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>The Canada Revenue Agency gives a second chance to its taxpayers to come clean on their past tax filings without being charged with any penalties. Under the Voluntary Disclosure Program, you can declare any unreported income or foreign property and if the disclosure satisfies the conditions laid out by CRA, all or partial penalties may be waived.</p>
        <p>The waiver of penalties is however at the&nbsp;complete discretion of the Minister of Revenue. Therefore, it is extremely important that the VDP application is filed with the expert advice of a tax professional.</p>
        </div>
        </div></div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;  text-align: center;">
        <p>Softron Tax is your One-Stop-Shop for all your Corporate Tax needs</p></div>
        <div style="color:#408fc8; font-size: 24px;">
        <p>Are you a small business owner?</p>
        <p>Are you a self-employed IT consultant?</p>
        <p>Are you starting your own small business?</p>
        <p>Do you want to incorporate yourself – employed contractor business?</p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>We specialize in tax returns for small business owners and self-employed individuals.</p>
        <p>Contact us today for:</p>
        <ul>
        <li style="list-style: disc; margin-left: 30px;">T2 Corporate Returns</li>
        <li style="list-style: disc; margin-left: 30px;">GST/HST returns</li>
        </ul>
        <p></p>
        <p>We can guide you what type of business ownership will work for you and help you with all the registrations. Getting the right ownership model is critical to the success of any business.</p>
        </div></div>
        <p></p></div>

<div className="wpb_wrapper">
        <div style="font-size: 18px;">
        <div style="color:#408fc8; font-size: 32px;">
        <p>Keeping a record of all your transactions can be a daunting task.</p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>Softron Tax understands that your job is to run and grow your business and not keeping track of all your transactions.</p>
        <p>No problem! Softron Tax professionals can help you with your bookkeeping on a monthly or quarterly basis. We will tailor a solution that works for you. We can also train you and help you set up QuickBooks at your location where our experts can guide and advise your team.</p>
        <p>Our team of certified accountants will be preparing your financial statements every year and advise you on the financial performance of your business.</p>
        </div></div></div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;">
        <p>Let us be your guide for setting up your Business.</p></div>
        <h4></h4>
        <div style="color:#408fc8; font-size: 24px;">
        <p>Are you starting your own small business?</p>
        <p>Do you want to incorporate yourself – employed contractor business?</p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>It is an exciting time when someone decides to start a new business but getting all the certificates and registrations can be frustrating.</p>
        <p>Let the experts at Softron help! We can guide you by helping you determine what type of business ownership will work for you and help you with all the registrations.</p>
        <p>Getting the right ownership model is critical to the success of any business.</p>
        </div></div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;">
        <p>Softron is always there with timely &amp; expert advice</p></div>
        <h4></h4>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>Closing the doors of your business does not complete the process of winding up your business. The Canada Revenue Agency will expect you to keep filing your tax returns until your Corporation is active and your GST number is not cancelled. You may also be required to inform other agencies and make final remittances based on the nature of your business.</p>
        <p>Let Softron Tax help you with timely and expert advice that will save you all the frustration and significant tax dollars.</p>
        </div></div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;">
        <p>There is nothing better for your peace of mind than having a Will Softron is here to help</p></div>
        <h4></h4>
        <div style="color:#408fc8; font-size: 24px;">
        <p>Do you have a Will?</p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>If someone passes away without a last will, it will take years for the legal mess to clear before anyone gets a piece if inheritance.</p>
        <p>The experts at Softron tax can help you create your estate plan that will include:</p>
        <ul>
        <li style="list-style: disc; margin-left: 30px;">Customized Estate Planning: helps your loved ones avoid potential tax disasters upon the distribution of your estate.</li>
        <li style="list-style: disc; margin-left: 30px;">Appointment of an executor, guardian for minor children, and if so desired, someone to hold power of attorney for you.</li>
        <li style="list-style: disc; margin-left: 30px;">Creating a personal care directive: this allows you to appoint a person to make healthcare decisions on your behalf should you become incapacitated.</li>
        </ul>
        </div></div></div>

<div className="wpb_text_column wpb_content_element ">
        <div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;">
        <p>Our experts are with you every step of the way</p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>Death and taxes are the only certainties in life. The Executor of the estate or the next of the kin are required to file taxes of a deceased individual in the year of death. At the time of death, it is important to figure out the complete tax plan as the following returns may be required to be filed at the time of death.</p>
        <ul>
        <li style="list-style: disc; margin-left: 30px;">Final T1 Return</li>
        <li style="list-style: disc; margin-left: 30px;">Optional Rights or Things Return</li>
        <li style="list-style: disc; margin-left: 30px;">Any pending prior year tax returns</li>
        </ul>
        <p></p>
        <p>While taxes at death can get very complicated, they might also present an opportunity for tax planning and save thousands of tax dollars.</p>
        </div>
        <p></p></div></div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;">
        <p>Our experts have more than 30 Years of experience in dealing with Trust Returns &amp; Estate Taxes</span></p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>After the death of an individual, all the assets of the deceased individual become part of their estate. An estate of a deceased individual is treated as a trust for the purposes of Taxation and a T3 trust return must be filed to report the income of the estate.</p>
        <p>With new rules in place for the Graduated Rate Estate, the estate taxes have become complicated and failure to properly report information on the tax return will result in higher tax liabilities. Also, you can not Net File an estate return like any other individual return, therefore it becomes even more critical to sought advice.</p>
        </div></div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;">
        <p>Our Experts Will Handle All Legal Services</p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>The death of a loved one is emotionally challenging for the loved ones and taxes and finances are the last thing on anybody’s mind. However, based on the level of investment and types of pensions or income sources of the deceased, the next of kin or the executor of the estate may be responsible for reporting the death to multiple organizations like Canada Revenue Agency, financial institutions and Service Canada. </p>
        <p>The executor is also required to obtain a Clearance certificate from Canada Revenue Agency before any assets from the estate can be distributed. All this needs to be done when most people are grieving the loss of their loved one and in most cases lack knowledge of what needs to be done.</p>
        <p>We at Softron, provide tax and financial advisory services that will help you walk through the process after passing away of a loved one.</p>
        </div></div>

<div className="wpb_wrapper">
        <div style="font-size: 18px;">
        <div style="color:#408fc8; font-size: 32px;">
        <p>The guidance you need to get it done right, guaranteed.</p></div>
        <div style="color:#408fc8; font-size: 24px;">
        <p>Are you a Canadian citizen having income from the U.S.?</p>
        <p>Are you an American Citizen living in Canada?</p>
        <p>Do you own investments in the U.S.?</p>
        <p>Did you win money in a Casino or a lottery in the U.S.?</p>
        </div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>If yes, then you will be required to file U.S. taxes. If you are a U.S. citizen who is a resident in Canada, then you must file two returns each year, declaring your worldwide income on each: a Canadian return because you live here, and a U.S. return because you are a U.S. citizen.</p>
        <p>According to tax treaties between Canada &amp; U.S. there are certain deductions and credits which will save you from double taxation. Softron can help you in preparing both the returns so that you will pay the least taxes.</p>
        </div></div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;">
        <p>The Canadian Tax System requires all taxpayers to report their worldwide income</p></div>
        <h4></h4>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>If you are a resident of Canada, then you are required to pay tax on all your income earned from different parts of the world although there are foreign tax credit rules in place with most nations to avoid double taxation. You should a consult a tax expert who can guide you on the tax implications that arise from foreign income and how can you minimize your tax liability by maximizing your foreign tax credits.</p>
        <p>The experts at Softron tax have vast experience in such complicated returns and up to date knowledge of all tax laws.</p>
        </div>
        <p></p></div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;">
        <p>We pride ourselves on assisting Canadians worldwide</p></div>
        <h4></h4> <div style="color:#408fc8; font-size: 24px;">
        <p>Did you just leave Canada last year?</p>
        <p>Are you living outside Canada but own investments and property in Canada?</p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>If yes, then you may still have to file Canadian taxes. Depending on your situation, you may have to file a Canadian tax return as a resident or a non-resident.</p>
        <p>Softron Tax prides itself on assisting Canadians worldwide with their tax preparation needs. We provide assistance by phone, fax or email for your convenience.</p>
        </div>
        <p></p></div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;">
        <p>Avoid stiff penalties with help from our Experts</p></div>
        <h4></h4><div style="color:#408fc8; font-size: 24px;">
        <p>Do you own foreign investments or assets valued at more than CAD 100,000?</p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>If yes, then you will need to complete the foreign property requirements with your tax return. This can be completed by filing form T1135 with your tax return. At Softron Tax, we have years of experience in foreign property reporting and will ensure all our customers who have foreign income will have it filed properly to the CRA to avoid stiff penalties.</p>
        <p>Failure to report foreign property can attract penalties up to $2500 per year. We ca guide you on how you can report for past years without getting penalized.</p>
        </div></div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;">
        <p>Selling your Principal Residence is easy with Softron</p></div>
        <div style="color:#408fc8; font-size: 24px;">
        <p>Did you sell your principal residence after January 1<sup>st</sup>, 2016?</p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>The federal government has changed the laws on reporting the sale of principal residence. It is now mandatory to report the sale of your house. Failure to do so can attract penalties up to $8000. The reporting can get even more complicated if the house you sold was not your principal residence for all the years you owned it.</p>
        <p>If a sale is not reported as a sale of principal residence, then you may be liable to pay Capital Gains tax on the profit made on the sale. Ensure the proper reporting is done for the sale of your home.</p>
        <div style="font-size: 18px;">
        </div>
        </div></div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;">
        <p>Our experts are there to help when you’re selling a property or investments in Canada</p></div>
        <div style="color:#408fc8; font-size: 24px;">
        <p>Do you own multiple residential properties?</p>
        <p>Did you sell a property?</p></div>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>Real Estate is booming but high sale price for your property can also mean higher Capital gains liability for you.</p>
        <p>Softron Tax has a team of experts that have years of experience in dealing with Capital Gains tax issues and advise you the best possible way on how you can reduce your tax liability when selling a property or investments in Canada.</p>
        <p>You can even consult our team before buying or selling any property and we can guide you the best possible solutions from a tax perspective.</p>
        </div>
        <p></p></div>

<div className="wpb_wrapper">
        <div style="color:#408fc8; font-size: 32px;">
        <p>Our experts can help you avoid any penalties when selling your foreign property</p></div>
        <h4></h4>
        <div style = "background-color:#fef9f2; padding: 35px; text-align:justify; font-size: 18px;">
        <p>The Canadian tax system is based on paying taxes on the worldwide income. So, if a Canadian resident sells property abroad and makes a profit, he may be liable to pay the Canadian Capital Gains Tax. There are rules in place to avoid double taxation but proper reporting of the sale is key to save taxes avoid any penalties.</p>
        <p>If you hold a property outside Canada worth more than $100,000, you may be required to report that to the Government using form T1135 even if no income was generated. Experts at Softron tax have years of experience in tax planning with foreign assets.</p>
        </div>
        <p></p></div>

Taxes on Sale of Property

Reporting Sale of Principle Residence

Reporting Sale of Property

Reporting Sale of Foreign Property

Follow Us