Calgary Tax Consulting FAQs
This document includes expanded FAQs with additional SEO-rich questions to support search visibility and client education.
GENERAL TAX FAQ
Yes, we provide tax consulting services nationwide through secure online platforms, video meetings, and encrypted document portals.
Absolutely. We interpret CRA letters, explain what they mean, and assist with responses and dispute resolution.
Yes, we offer year-round tax planning for individuals, businesses, and non-residents to help reduce tax liability and avoid surprises.
PERSONAL TAX FAQ
Yes, we prepare multiple-year returns, including late filings, voluntary disclosures, and tax cleanup work.
Yes, we represent clients in CRA disputes, audits, and appeals and help prepare Notices of Objection when necessary.
SELF-EMPLOYED & SMALL BUSINESS FAQs
Yes, we assist with business registration, GST/HST setup, bookkeeping systems, and tax planning for new startups.
We analyse structure, expenses, payroll, and GST/HST strategies to legally minimize taxes and increase profitability.
CORPORATE TAX
Yes, we provide guidance on incorporation, corporate structure, and tax-efficient compensation planning.
Yes, we review shareholder loan accounts to avoid CRA penalties and ensure compliance with Section 15(2) rules.
NON-RESIDENT TAX
A non-resident who earns rental income in Canada should file a section 216 return to report the rental income and expenses and pay 25% on net rental income instead of paying 25% tax on gross rent.
Mortgage interest, property taxes, management fees, repairs, maintenance, insurance, utilities, and depreciation.
If NR6 is approved by CRA, then the section 216 must be filed by June 30 of the following year. If you fail to file by June 30 of the following year, then CRA may cancel and NR6 and ask you to pay 25% withholding on gross rent.
Yes, we assist with tax planning, T2062 filings, withholding requirements, and compliance for property transactions.Yes, we assist with tax planning, T2062 filings, withholding requirements, and compliance for property transactions.
Yes, we prepare NR6 elections, Section 216 returns, and act as Canadian agents for non-resident landlords.
Yes. Your agent must file the NR4 at the end of the year and give you a copy of the NR4, which will be enclosed with the section 216 return filing to claim a refund.
You should get the non-resident account by logging onto your CRA account or by calling CRA. You should remit the 25% withholding tax to CRA using the NR account. At the end of the tax year, send an NR4 proforma requesting CRA to issue NR4 slips. These slips should be enclosed with the section 216 return to claim a refund.
Yes, we prepare residency determination, partial-year returns, and cross-border tax planning.
NON-RESIDENT TAX: NR6 ELECTION
A request to reduce withholding tax on rental income from 25% percent of gross rent to withholding based on estimated net income.
It is advisable to file an NR6 request before the first rent payment of the year or at the start of rental activity.
Yes, you need a Canadian tax resident who can act as your agent to apply for NR6 approval. Both the property owner and the Canadian agent.
CRA usually take about 90-120 days to process the NR6 request.
SECTION 217 RETURN
If a non-resident receives a Canadian source income, they may elect to file a return to pay tax on Canadian income at regular rates instead of withholding tax.
Pension income, CPP, OAS, RRIF withdrawals, and certain employment income.
The deadline to file a Section 217 return is June 30 of the following year.
If it is filed after June 30, CRA will not accept the return, and the tax withheld on NR4 will be final and non-refundable.
CANADA-WIDE SERVICE AREA
Yes. We serve clients in Alberta, British Columbia, Manitoba, Saskatchewan, Quebec, and across Canada.
Do you work with clients internationally?
Yes. All services are available online through secure channels, and virtual meetings are scheduled to review the returns and answer the client’s questions.