Keeping YOUR money
in YOUR pocket
Two examples where we have recovered
thousands of dollars in taxes for our
clients:
One of our clients has a dependent child
with a medical disability. Their previous
Accountant did not transfer the
dependent’s disability tax credit to one
of her parents. We were able to claim
this credit not only for the current year,
but we were able to adjust the previous
12 years tax returns for this, which
resulted in a refund of over $15,000 for
the taxpayer.
Another client and his wife owned a
farm which they were renting out for
a share of the crops. The wife had no
other source of income while the
husband had other income which put
him into the highest tax bracket. Their
previous accountant claimed all of the
farm rent on the husband’s tax return,
resulting in him paying tax at the 40%
rate (the highest bracket at that time).
We went to the CRA and showed that
the property was owned jointly and the
rental income of approximately $25,000
annually should therefore be claimed as
a partnership and they agreed. We were
able to adjust the client’s previous 7
years tax returns. This resulted in a
tax refund of over $20,000 for them,
plus the ongoing savings.>
money too!
Personal Income Tax Services
Helping you file your taxes AND save you money!
M.P. Accounting Service has been preparing Personal T1 Income Tax returns for
clients since the late 1980’s. We e-file all eligible returns. Whether you have just one
T4 slip or a very complex tax situation, we can assist you. Our most basic returns
start at $30 for an individual and $45 for a couple. Prices increase from there based
on the complexity of your tax return. We will also assist you with tax planning and
tax savings ideas.
Marina Plasman, MP Accounting Service
• RRSP receipts and home buyers plans
• Pension splitting
• Medical receipts
• Disability tax credits for yourself or your dependents
• Charitable receipts
• Child fitness tax credits
• Tuition and education tax credits
• Capital gains
• Commission and employment expenses
• Child care
• Rental income
• Business and professional income
• Farm income
• Tax planning and tax saving measures
• Assistance with CRA pre- and post-assessment requests or audits
* Pickup and delivery service available
Bookkeeping & Income Tax Services
Cowichan Valley, Duncan BC
