Plan your taxes, Save money.

Through careful planning, we help manage your taxes to ensure maximum savings.

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Why Choose RNS Accounting?

All financial activities come with tax consequences. We can help identify potential tax consequences and advise on tax-efficient investing, tax deferral strategies and more

Our Expertise

Experienced, knowledgeable, financial advisers are preparing your tax.

Convenience

We can come to you as well. Convenient and friendly services providers

Affordable

Our fees contain no surprises.

CRA Authorized

CRA authorized E-filers and client representatives

Guaranteed Maximum Refund

We guarantee you will receive the maximum refund you are entitled or we will refund you the applicable

100% Accuracy Guarantee

We guarantee you will receive the maximum refund you are entitled or we will refund you the applicable We guarantee 100% accurate calculations

PERSONAL TAX

Take the worry of the Tax season and we will help you minimize your taxes and maximize the returns through careful planning. A Quick Reminder on the Important Date for filing your personal taxes.

Personal returns are due on or before April 30th of every year. Balance owing is due on or before April 30th of every year. Late filing penalty of 5% + 1% per month will apply to all outstanding balances owing. Repeated failure to file, a penalty of 10% + 2% per month will apply. Interest on all outstanding balances owing will be computed at the prescribed rate from the day on which the amount was required to be paid to the day payment was received by CRA.

  • Personal Tax Returns
  • Personal Income Tax Planning
  • Audit and Appeals Assistance

WHAT CLIENTS SAY ABOUT US

Great service. If you are looking for someone who will take care of your taxes, you have to make sure he/she is the right person, whom you feel 100% comfortable to work with. Their service is very different to what I got from my past accountants. I was quite surprised how much range they could cover for me, and how much they cared about me. They will protect you from any possible mistakes you may make now and in the future. I’m sure you will leave the office with confidence for your future, and smile.

Elina Miyake

Doing taxes can be difficult–even if one’s situation is fairly straightforward. Mine was the opposite. But Sutha at RNS accounting was extremely patient in explaining things to me. He took the time to work on my taxes and deduction options with me and really went above and beyond. Plus, he provided me with a very handy spreadsheet to make doing my taxes easier next year. Most importantly, he helped me get an amazing tax return. I was baffled at how good it was. I was expecting to have to pay tens of thousands of dollars. Sutha, you are a lifesaver! I will be going to you for my tax needs as well as financial advising for years to come. Give Sutha a try. He’s a diamond in the rough and your wallet will thank you for him!

Baz A.

Sutha Ratnam from RNS Accounting & Financial Services was very professional and he did an excellent job with filing my taxes. He went over everything in detail and really took the time to explain everything to me. I highly recommend and he will now be my go to guy for any kind of financial services in the future.

Evan Guinchard

I appreciate his attention to detail and answering all of my questions until I understand. Love how transparent his service is. All actions thoroughly explained. Very considerate, responsive, professional and timely. Highly recommended.

Nanako Mizutani

SIMPLE, TRANSPARENT PRICING

Get started today. Choose a plan that best suits you and
maximize your savings.

Upto 4 slips

  • efile
  • pdf copy of T1General
  • represent the client

$30

Upto 12 slips

  • efile
  • pdf T1 general
  • NOA
  • represent the client

$90

Upto 4 slips

  • rental statements(airbnb including )
  • efile
  • pdf T1 general
  • NOA
  • represent the client

$120

Upto 4 slips

  • professional income statementuber/lyft income statement
  • HST filing $90 per return.

$150

PERSONAL TAX GUIDE

 

 

Carbon Tax Credit

Have you claimed your Climate Action Incentive payment yet?

Pollution has a cost. It impacts the air we breathe, our children’s health, and our economy. That’s why the Government of Canada has put a price on carbon pollution.

The Government of Canada has introduced the new climate action incentive payment. In Ontario, a family of four could receive $307 in 2019. You can claim it when you file your Income Tax and Benefit Return.

Find out more at Canada.ca.climate-action-incentive.

If you already filed your Income Tax and Benefit Return and did not claim your climate action incentive payment, visit Canada.ca.change-tax-return for information on how to change your return.

 

Deduct Medical Expenses

The credit applies to a whole host of eligible expenses from home care services, to laser eye surgery, to orthopedics. The amount you can claim is the total of your expenses, minus $2,171.00 or 3% of the claimant’s income (whichever is less). There is no limit on the amount of eligible expenses.

 

Deduct Child Care Expenses

These amounts paid to have someone look after an eligible child in order to; earn income from employment; operate a business either alone or as an active partner; attend school; or conduct research. Parents can claim up to $8000.00 per child under age seven, $5000.00 for each child aged 7 through 16(and for infirm children over age 16), and $11000.00 for children who are eligible for the Disability Tax Credit.

 

Caregiver Amount & Family Caregiver Tax Credit

If at any time in the tax year you (either alone or with another person) maintained a residence where you and the person you supported lived (a spouse or common-law partner is not considered your dependent for this purpose), you may be able to claim a maximum amount of $4530.00 under the caregiver amount for each eligible dependent.

Individuals supporting infirm dependents can claim an enhanced amount under other dependency-related credits, such as the Child Tax Credit or the Caregiver Amount. The family Tax credit is a 155 credit on an amount of $2,058, meaning you could qualify for up to $308.70 per dependent.

 

Child Disability Benefit & Registered Disability savings Plan

Those families who care for a child under age 18 with severe and prolonged impairment in physical or mental functions, can get annual Child Disability Benefit up to $2650.00. (Each eligible child will get $220.83 per month.)

 

Adoption Expenses Tax Credit

The tax credit is a 15% non-refundable tax credit that allows adoptive parents to claim eligible adoption expenses relating to the completed adoption of a child under the age of 18. The adoptive parents can claim a maximum amount of eligible expenses up to $15000.00 per child.

 

The Pension Income Amount

A non-refundable pension income’s tax credit, that can apply to the first $2000.00 of eligible pension income.

 

The Age Amount

The Age Amount allows seniors with a net income of $34,873 or less in the tax year, aged 65 and over, to claim $6916. No age amount can be claimed once an individual’s net income reaches $80,980.

 

 

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