INCOME TAX
PREPARATION SERVICES

IN TORONTO’S EAST-END

Affordable & Professional tax preparation services in Scarborough, East York, North York, and Markham at 
Victoria Park & St Clair Ave East

PERSONAL TAX RETURN

At Dimaro Tax, we’re known for our accurate, affordable and reliable personal tax return preparation and tax filing services for residents who live in east-end of Toronto.

CORPORATE TAX RETURN

We provide our corporate clients with a complete tax preparation package including corporate tax preparation, CRA audits, and more.

DIMARO’S TAX ACCOUNT GOOGLE REVIEWS

The Service Is Excellent!!!

The service is excellent and I had no trouble with my taxes. Great Place to do your taxes. After a very horrible experience with HR Block, I am glad that I came to Dimaro Tax .They meet all my expectations. I am very happy being a customer at Dimaro Tax. They have a very friendly staff and really take care of everyone’s needs and also open year round whenever I need their service. Thanks Dimaro Tax. Cheers!!!!!

John Marshall | via Dimaro Tax Service’s Google My Business page

Five Star Rating

I used their services for first time and I am very impressed because of their professionalism. They are professional, fast, organised. They get the work done on time. I will highly recommend them. I have used Tax Return Preparation services for my personal and corporate tax filling. I am satisfied with their services. They are very knowledgeable, helpful, efficient & diligent in their tax and other accounting services. I am giving five star rating because fees are very reasonable in compare to others.

Michael Nicholas | via Dimaro Tax Service’s Google My Business page

Outstanding Service

I had really a great experience with Dimaro Tax. They provided outstanding service in my tax filing , really appreciate their professionalism and knowledge . Great work done I will recommend all for Dimaro Tax service

V Gupta | via Dimaro Tax Service’s Google My Business page

Still Not Convinced We’re The BEST Tax Accountant For you?

ABOUT DIMARO & OUR TAX SERVICES

Dimaro Tax is a growing tax preparation firm.  Our tax returns range from very basic to complex Canadian income tax returns. We pride ourselves in serving businesses with a complete range of services, i.e, personal tax, self-employed tax, corporation, business incorporation, GST/HST tax filings among other services. Our professional & qualified staff takes the time to understand your needs – whether individual or business.

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We understand you work hard to earn your dollars and we work even harder to make sure you keep those dollars in your pocket.  We serve clients in Scarborough, Markham, Milton, Oakville, Mississauga, Brampton and Toronto area.

Our motto is to provide our clients with professional service at competitive rates. ​

Whatever your business is facing, we guarantee to give a fresh perspective. It’s this insight, coupled with innovative, long-term solutions, that help you meet and exceed the most aggressive company goals and expectations.

Dimaro Tax Service request our clients to view our Privacy Policy

MISSION: Our mission is to build a reputation in the industry by gaining our client’s confidence by providing quality service at competitive rates.

GOAL: Our Goal is to help our clients individually to maximize their refunds & minimize their tax liability.

 

DIVERSITY: We serve a wide range of clientele and every client relationship is valued greatly. Each engagement benefits from the depth and breadth of our expertise.

 

KNOWLEDGE: Our staff consists of Chartered Professional Accountants and Certified Management Accountants. They are constantly up to date with the new tax laws through training & seminars so our clients are provided with the right tax solutions.

SOME OF THE BENEFITS YOU WILL ENJOY INCLUDE …

  • An accounting practice with 11 years experience
  • A free no-obligation consultation about your business requirements
  • Fixed accounting fees agreed in advance and not dependent on income level
  • Same day E-FILE
  • Tax expertise
  • Tax planning​

 

Tax Services

Dimaro Tax Service offers wide range of services depending on your personal and business needs.

Due to our diverse client base, we encounter a wide array of financial and tax issues. As a result, we have gained a valuable experience over the years in numerous specialized areas, many of which are listed below. We feel our ability to provide such a variety of services reflects our versatility and competency, as well as our dedication to quality client service.

PERSONAL TAX ACCOUNTING SERVICES

Personal tax return

Each year, many Canadians attempt to do their own personal tax preparation and filing with the objectives of 1) saving money by not hiring an income tax accountant, and 2) with the hope of getting a tax refund from CRA. Though we understand the need to save money, the vast majority of people who prepare and file their own tax returns are untrained and inexperienced and this could easily lead to CRA tax audits.

Self employed tax return

Running a business as a self-employed individual can be challenging. Most Entrepreneurs not only want to ensure their business is profitable but when it comes to tax time you’d want to make sure that you’re not only filing your tax return properly but that your income tax preparation process is done correctly to avoid being audited by CRA and also ensure you get the maximum tax refund that’s owed to you.  

Real estate tax

Real estate agents earnings are dependent on commissions of properties they sell which means they​’re​ considered self-employed. Like many self-employed individuals, however, many real estate agents do not make concessions for their real estate tax preparation at the end of the year which can lead to penalties by CRA.

Personal tax assesment

For those individuals wanting to file their own personal tax returns, CRA offers the convenience of a complete tax e-filing option called Express NOA.

Express NOA also allows Canadians to get their notice of assessment shortly after they’ve filed their tax return.

CRA personal tax audit

It is one of the responsibilities of CRA to “police” the various tax laws and tax benefit programs on behalf of the Government of Canada. In an effort to uphold these duties, the Canadian Revenue Agency meticulously reviews taxpayers records to ensure Canadian are forthcoming with proper and accurate information to fulfil their tax duties as Canadian residents and Citizens.

Failure by Canadians to report their earnings accurately and within a timely manner to CRA could result in tax audits and penalties.

Late tax filing

One major reason why it is critical that Canadians file their tax returns on time and accurately is to avoid CRA’s late-filing penalties and interest.

For example, let’s assume you’ve filed your 2019 tax return late (after the due date) and you end up owing on your taxes,  CRA will assess a late filing penalty of 5% of the balance owing for 2019 PLUS another 1% of the balance owing for each month your return was filed late up to a period of 12-months.

 

CORPORATE TAX ACCOUNTING SERVICES

Corporate tax return

 Businesses registered and operating as a corporation in Canada need to file a T2 corporate tax return each year. This tax obligation is also true even if the business did not actually operate or have any revenue for the year. It is also imperative that corporates file their T2 corporate tax return within 6-months of the end of their fiscal year.

 

Business incorporating

Incorporating your business in Ontario requires a few steps:

  1. Figuring out how to name your business (corporation)
  2. Properly filling out the articles of incorporation
  3. Determining the initial address of he office as well as who will be your first board of director/s
  4. Filing the relevant forms and paying your fees
  5. Application processing

At Dimaro Tax Service, we’ve been helping businesses save time and unnecessary headaches by incorporating their businesses for them. Contact now for a consultation if you’re considering business incorporating in Ontario.

CRA business tax audits

If you own a business or work for one that’s had a CRA audit you’ll know how frustrating it can be. If after filing their tax returns and the Canadian revenue agency (CRA) has cause to believe a business’s records may not accurately reflect the values in their tax filings submitted in their return, the CRA may choose to audit the business. If your company finds itself in this situation there is a good chance you may be in need of some professional advice regarding your business tax audit. If so, contact the professional at Dimaro Tax for assistance.  

Business start-up

When it comes to starting a business in Ontario there’s a lot to think about, especially as it related to your business taxes.

Here are the five steps as outlined by CRA when starting a business in Ontario:

  1. Creating your business plan
  2. Business name registration
  3. Financing your business
  4. Business name selection
  5. Business permit application and permits

At Dimaro Tax Services we’ve been helping all sizes of businesses with their business start-up plans. Contact us today if you need to discuss your business plans.

OTHER TAX ACCOUNTING SERVICES

Sales tax consulting

It’s the best interest of every business to keep meticulous records of their sales and taxes so it makes their tax preparation easier come tax time. A​t​ ​D​imaro Tax Services this is what we do for our clients.

Businesses impose sales taxes on goods and services rendered to clients and customers, these taxes th​e​n need to be remitted to The Canada Revenue Agency (CRA) at the ends of each fiscal year. For this reason, it is critical that businesses have a professional tax accounting service provider to properly prepare their taxes for income tax filing.   

 

Payroll services

Payroll ​service refers​s​ to the process by of employers compensating employers for hours they’ve worked, commissions they’ve earned, or a salaried worker’s monthly or bi-weekly wages.

It is the responsibility of the business owner to accurately process their company’s payroll and do so in a timely manner as to not inconvenience their employees and to also avoid legal issues.

Preparing a company’s payroll can be a very mundane task and one that requires a skilled and dedicated individual. If your company is in need or payroll services Dimaro Tax Services can help.

LOCATION

Dimaro Tax Services
1177 Victoria Park Ave,
Scarborough, ON
M4B 2K5
(416) 288-0829