Tax expert: What is the importance of a tax expert for your tax reports in Quebec?

Aug 15 2016
4 min read

Without the help of a tax expert in Quebec, the tax season can be a real drag. For entrepreneurs in Quebec, a few choices are available for you to complete your tax returns. It is possible to do everything yourself and you can also use tax software to help with filing taxes. Also, you can enjoy the services of a tax expert. 

Why use a professional tax expert when you can do it yourself? 

A tax expert in Quebec can play a great role in the development of your SME. Read on to discover the importance of a tax expert when filing your income taxes of your SMEs in Quebec.

A tax expert allows you to save the most when filing your taxes

The Quebec corporate tax system is becoming increasingly complex. Consulting a tax professional specializing in corporate taxation will help you understand your tax return and take full advantage of the tax credits to which you are entitled.

In addition, if your business is in its infancy, it's not an unnecessary expense to have your first tax return professionally prepared to get an accurate picture of your company's financial situation. By hiring a tax professional in Quebec, you'll be sure to pay the right amount of tax and not a cent more.

With a tax expert, never miss a deadline again

Tax experts specialize in Co-17 tax returns and in T2 tax returns. Their job is adjusted according to various schedules and deadlines for taxes, tax rebates and other statements. 

You will never have to worry about rushing your taxes again by opting for the services of a tax expert. Moreover, you will avoid late fees and high interest charged by government tax authorities.

A tax expert to manage complex financial situations

A tax expert is the perfect person to entrust your income tax return with, especially when your business has experienced many changes during the past year. 

Have you opened up a second branch? Did your sales rise unexpectedly and you do not know exactly which category your tax bracket falls under? Have you incorporated your business during this same year? 

With the help of an expert specializing in the taxes of Quebec SMEs, you can have all your questions answered. Tax experts can also simplify all communications with Revenu Quebec. 

Simplify communications with Revenu Quebec

Dealing with Revenu Québec can sometimes be a headache. To avoid having to make multiple calls to this institution, which can increase reporting errors, a tax professional can easily sort out your situation and you will thus have to make only the minimal amount of communication with Revenu Québec.

A tax expert can save you time

Entrepreneurs understand that there are never enough hours in a day to complete all the work required for a Quebec SME. As the saying goes: "time is money". 

Doing business with a tax expert can save you time that you desperately need in order to run your business. A tax expert is a tax specialist. Entrust them with your tax returns and focus your efforts elsewhere.

Hire a tax expert to reduce the risk of error and involuntary fraud

Anyone who has had to deal with Revenu Quebec for a mistake on their taxes knows how frustrating it is to have to argue your position. 

Although you can file your tax returns yourself, when you know little about the tax system the risk of making mistakes is great. If you do not want to risk being accused of fraud for a mere transcription error or ignorance of the system, contact a tax professional.

For entrepreneurs, tax experts can be used at all stages of your tax returns. Moreover, with the software solution and support of the tax experts at T2inc.ca you can enjoy all the advantages of doing business with a tax expert for a fraction of the price. For simplified tax returns, contact T2inc.ca.

Frederic Roy-Gobeil
CPA, M.TAX

President of T2inc.ca and an entrepreneur at heart, I've founded a number of startups including Delve Labs and T2inc.ca. A former tax specialist with Ernst & Young, I'm also a member of the Ordre des comptables professionnels agréés CPA and hold a Master's degree in taxation from the Université de Sherbrooke.

With a wealth of experience in the business world, I'm driven by growth and innovation. I have authored numerous articles and videos on topics related to entrepreneurship, taxation, accounting and financial independence, sharing my passion and expertise with today's entrepreneurs.

LinkedIn Profile

Contact our experts

Have a question? Need help? Fill out our online form to get help from our experts.

Contact us
Share with your community!

Need more help?
Contact us by filling out our form

Are you interested in our services, but would like more information before taking the plunge? Contact us today and one of our tax accountants will be in touch to help you.

At T2inc.ca, we're committed to helping business owners manage their company's tax affairs so they can grow their business.

Contact form