In a continued effort to support a growing number of small businesses and residents in Mississauga and Toronto, Triple J Tax Consulting has announced an expanded service line. The development comes amid growing concerns about the adverse effects of Ontario’s high tax rate on its competitiveness.
As per reports, the province records the third-highest personal income tax rate in the U.S. and Canada combined – a whopping 53.53%. By implication, skilled Mississaugans and Torontonians pay half of their earnings to the provincial and federal government, which impedes savings, investments, and work.
From 2012 to 2016, the Ontario government added personal income tax brackets with rates exceeding 54% in total. Thus, it’s no surprise that residents are turning to tax professionals to help them with needs ranging from self-employed taxes to residential rental property rebates. Ontario businesses are not left out, as they struggle to juggle, operations, budget allocation, marketing, and tax filing.
In light of these challenges, Triple J Consulting reiterates its stance on offering effective and streamlined income tax return preparation and consultation services that address:
- Personal tax
- Business tax
- House-related tax
Speaking on the service expansion, a spokesperson for Triple J Consulting stated that people are already looking for cost-effective and customized solutions that allow them to address their tax needs with the assurance that their compliance responsibilities are in good hands.
“We are excited to offer our valued clients a one-stop-shop for all their accounting needs, including bookkeeping, preparing and filing income tax, and GST/HST returns. Through our services, they conveniently save money and time. In addition, we guide them on how to realize tax benefits and deductions that they may be eligible for.”
The company is up to date with the ever-changing Ontario and Canadian tax laws, meaning its clients receive a comprehensive analysis of their personal and business finances to maximize their benefits while minimizing their tax liability. This is made possible by its team of Certified Pro-Advisers and corporate accountants. As part of the provisions, Triple J Consulting oversees everything from business registration to payroll and remittance.
Each client receives, at least, a free 30 minutes consultation, which helps them understand how their money is being invested and spent. Canadian property owners also benefit a great deal from the company’s service, especially in the area of tax rebates and deductions.
Whether these clients earn rental incomes or intend to purchase a new residential property, they receive expert tax advice from professionals who know what it takes to maximize their tax returns, from NRST rebate to PREC incorporation.
About Triple J Consulting
Triple J Consulting is an Ontario-based accounting firm that specializes in business and personal tax returns, income tax consultation and preparation, bookkeeping, and more. The company has served clients over the years in Toronto, Mississauga, and surrounding areas. Its certified accountants and consultants have over 15 and 10 years of industry expertise, respectively. It is open Monday through Friday or Sunday, depending on the season.
Media Contact
Company Name: Triple J Canada Consulting Inc
Contact Person: Media Relations
Email: Send Email
City: Mississauga
State: Ontario
Country: Canada
Website: https://www.jjjcanada.com/