Skip to main content

Veritas Taxes and advisory inc

Menu
647-577-7312

Personal Tax Return Services for Ontario

If you file your own taxes using the Software, you receive the credits you are aware of. The CPA has the credits that you are not aware of, along with all the small things that make people lose out on money every year, such as filing of self-employed tax-filers must be done before June 15, paying your taxes by April 30, and interest will accrue from that date. We do individual, family, self-employed and landlord T1 tax returns.

File Your Taxes with Confidence — Book a Free Consultation
  • Everything you are really eligible for under the Deduction and Credit
  • T2125 Form Self-Employment, Filled Out Correctly, not Estimated
  • The Truth if Canada Revenue Agency Contacts You – not just software
  • Fixed-Priced, Known Before We Begin

More Than Software - A Real Accountant Reviewing Your Actual Situation

The tax software is created to ask some general questions and perform calculations according to your answers. Nevertheless, this software won’t be able to tell you about the deduction your home office deserves but you overlooked, that your rental property is going to produce capital gains and that your quarterly tax payments are going to become compulsory in the nearest future. Here at Veritas Taxes, we take into account all aspects of your financial life and provide you with the most accurate calculation and those deductions that can’t be made with any kind of software.

Whether it’s your regular employment, freelance job, rent, your first year living in Canada and filing your taxes for the very first time, or just your back taxes, we’ll deal with all of them perfectly.

Successful Cases
0 +
Client Satisfaction
0 %
Clients Served
0 +
Years Experience
0 +
  • OUR SERVICES INCLUDE

Everything You Need to Know for Your Personal Taxes

  • Personal Income Tax Filing – Accurate CRA-compliant filing of individual and family income tax returns, including employment income, investment income, RRSP / TFSA contributions, and capital gains.
  • Self-Employed & Freelance Tax Filing (T2125) – Complete T2125 statement of business activities, in addition to your T1, complete with home office deduction, vehicle deductions, and business expenses – and warning about the CPP contribution that many self-employed people aren’t expecting to make (you have to contribute both employee and employer’s share).
  • Rental Income Tax Filing – Proper filing of rental property income and deductible expenses, as well as advice on capital gains considerations if you are thinking of selling.
  • First Time Filers & Newcomer Canada Tax Return – Tips for newcomers to Canada who need to file their first Canadian tax return, including which government programs, such as the Canada Child Benefit, require a tax return to be filed.
  • Maximizing Your Credits and Deductions – Ensuring you claim all available tax credits – RRSP, medical, tuition, childcare, and other credits that many people file by software alone overlook.
  • Past Tax Arrears & Late Filing – Catching up on past and late personal tax returns, as well as explaining any CRA penalties and how we will deal with them.
  • Tax Installments & Planning Assistance – If your tax owing is more than $3,000 in the current year, as well as either of the two previous years, CRA requires tax installments to be paid.
  • HOW WE WORK

A Simple Process Designed For Your Personal Tax Support

01

Consultation

We begin by understanding your business, financial goals, and accounting requirements.

02

Financial Review

Our experts review your records, identify opportunities, and assess your current financial position.

03

Strategy & Implementation

We prepare customized tax and accounting solutions that align with your business objectives.

04

Ongoing Support

Receive continuous financial guidance, reporting, and compliance support as your business grows.

  • WHO WE SERVE

Personal Tax Support for Every Life and Income Situation

At Veritas Taxes, we deliver precise, forward-thinking financial strategies that help individuals and businesses stay compliant, grow confidently, and plan effectively for the future. Our team combines deep expertise with modern technology to simplify every aspect of your accounting and tax process.

  • Employees and Families – Simple filing of T1 tax return and checking of all credits and deductions.
    Self-Employed and Freelancers – Preparation of T2125 form, CPP strategy and quarterly installment assistance for contractors, consultants, and gig workers.
  • Landlords and Real Estate Investors – Reporting of rental income and capital gains for one or multiple properties.
  • New Canadians – Tax filing process in Canada for the first time, clearly described, plus identification of all government programs that require it.
  • Tax Filers Behind with their Filings – Delinquent filing of prior-year and current tax returns with an analysis of CRA penalties.

Start Your Investment Journey Book a Call

Take the first step toward smarter investing and long-term financial growth with expert, personalized guidance.

Book A Call
  • Why Choose us

Delivering Clarity, Confidence, and Results

Take the first step toward smarter investing and long-term financial growth with expert, personalized guidance.

Proven Success

  • 99% Client Satisfaction Rate, measured every year
  • 80+individuals and businesses served across the GTA
  • A consistent, error-free filing track record

Expert Guidance

  • 10+ Years of Combined CPA & Advisory Experience
  • Advice tailored to Ontario tax rules and CRA requirements
  • Direct access to your CPA, not a rotating call centre

Fully Transparent

  • Clear & Simple Financial Insights
  • No Hidden Surprises, Full Clarity
  • FAQ’s

Everything You Need to Know

Our clients trust us for reliability, transparency, and consistent financial results. Here’s what they have to say about working with Veritas Taxes & Advisory Inc.

By when must I submit my tax return in Canada?

 The deadline is typically April 30. However, if you and/or your spouse are self-employed, your deadline is extended to June 15, however the balance due will still be payable by April 30, along with interest from May 1st.

The cost varies according to the complexity of your return – an employment-only return is less expensive than a self-employed or rental income return. We charge fixed rates for each type of return so that you know your price before work begins, plus an accountant reviews your specific situation rather than asking yes/no questions as in tax software.

The T2125 (Statement of Business or Professional Activities) is filed along with your T1 if you are self-employed, freelance, or a sole proprietor; this return provides your business income and expenses. Almost all self-employed Canadians need one.

Yes; self-employed individuals pay both the employee and employer parts of CPP on their self-employment income, twice as much as employed persons, since there is no employer part to split the cost.

You may incur a late filing penalty and compound daily interest if you owe tax and your return is late. There is no penalty if you are owed a refund, but you should file anyway to claim your benefits and credits that relate to your tax return.

If your total net tax owing for the current year exceeds $3,000 along with either of the previous two years, then the Canada Revenue Agency requires you to make quarterly installments rather than paying it all at once at filing time.

As a newcomer to Canada, filing your tax return – even one with little or no income – is what establishes your eligibility for programs such as the GST/HST credit and the Canada Child Benefit program. We will help you understand how to recognize income in your first partial year as a newcomer to Canada.

Rental income is included on your T1, where you can deduct eligible expenses. If you sell the property, the capital gain provisions apply – we help you plan for that rather than dealing with it after the fact.

Yes, we help you catch up on your unfiled or late returns, including explanations of any Canada Revenue Agency penalties or interest, and bring you up to date and on-time going forward.

Your refund or balance owing is a consequence of your filed return. Your Notice of Assessment is issued by the CRA, showing what they assessed on your return – you should read it carefully, since it might differ from what you filed due to CRA adjustments.

  • Resources

Insights for Smarter Financial Decisions

From tax-saving opportunities and accounting best practices to business growth strategies, our blog delivers expert guidance to help you make smarter financial decisions every step of the way.
Read More