Guyatt & Moffat - Chartered Accountants

Personal Tax

With over two thousand personal tax clients, Guyatt & Moffatt is a firm for all your accounting needs during tax season. From simple returns to more complex taxation situations, we leave no stone unturned to prepare an accurate return that optimizes your personal tax scenario.

Our clients are satisfied knowing that all personal tax returns that we complete are reviewed by a Certified Professional Accountant™ who are up to date on the current taxation laws and changes within CRA. We pride ourselves on not ever offering a “cookie cutter” solution; we take the time to meet with our clients prior to tax season to fully understand their unique financial situations. We are also available year-round to answer any of your questions on your investments, RSP’s, foreign income, or any other tax planning questions.

Below is a standard check list of the items to save throughout the year to include with your personal tax submittal to us:

Employment Income (T4)
Universal Child Care Benefit
Pension Income (T4A, T4RIF, T4RSP, Old Age Security, CPP)
Investment Income (T5 & T3 Slips)
Employment Insurance Income (T4E)
Capital gains/Losses from the sale of securities (stocks/bonds)
RRSP Contributions (including contributions up to the end of February for the current tax year)
Charitable Donations & Political Contribution Receipts

Tuition fees (T2202A for Canadian Universities) for yourself or transferred from a dependent, signed by student
List of your dependents & child care receipts
Spousal Support payments paid
Receipts for children’s participation in arts or physical activity programs
Summary of foreign property investments in excess of $100,000
Summary of self-employment income and expenses

Sole Proprietors

In addition to the personal tax services above, we offer sole proprietors the following:

Strategies to help organize revenues and expenses
Guide you through what expenses are acceptable by CRA

Assist in the budgeting process for your tax assessment
Provide guidance for HST, EHT, WSIB, payroll and subcontractors