iTRUST Financial Group

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iTRUST Financial Group Welcome to iTrust Financial Group, your top source for expert and tailored accounting, tax & advisory services.

We are dedicated to providing specialized support in financial reporting, bookkeeping & payroll services to meet all of your financial needs. iTrust Financial Group: Trusted Accountants and Business Advisors

At iTrust Financial Group, we are committed to delivering exceptional accounting, tax, and business advisory services designed to meet the unique needs of high-net-worth individuals, executives, and growing businesses. Our mission is simple: to provide strategic financial solutions that enhance your financial well-being, optimize your business performance, and improve your overall quality of life. Our Expertise Includes:
Accounting & Reporting: Accurate financial statements and insightful reporting to support informed decision-making. Bookkeeping & Payroll Services: Efficient and reliable solutions to keep your financial operations running smoothly. Consulting & Business Planning: Tailored strategies to drive business growth, improve operations, and achieve long-term success. Business Valuation & Acquisition Support: Expert advice for evaluating, buying, or selling businesses, ensuring maximum value and seamless transitions. Income Tax Preparation & Filing: Comprehensive tax services for individuals, self-employed professionals, corporations, and trusts, with an emphasis on maximizing deductions and minimizing liabilities. CRA Support: Proactive guidance and representation to navigate CRA audits with confidence. Whether you’re an executive managing complex financial portfolios or a business owner looking to scale, iTrust Financial Group offers personalized, forward-thinking solutions to help you achieve your financial and professional goals

09/21/2026

https://www.jobbank.gc.ca/jobsearch/jobposting/50267942?source=searchresults Job Bank #3669480

Overview Languages English

Education Bachelor's degree Accounting and business/management
Experience Experience an asset

On site Work must be completed at the physical location. There is no option to work remotely.

Asset languages Sinhala Tamil
Responsibilities Tasks
Calculate and prepare cheques for payroll
Calculate fixed assets and depreciation
Keep financial records and establish, maintain and balance various accounts using manual and computerized bookkeeping systems
Maintain general ledgers and financial statements
Post journal entries
Prepare other statistical, financial and accounting reports
Prepare tax returns Prepare trial balance of books Reconcile accounts

Experience and specialization
Computer and technology knowledge Accounting software
MS Office
Area of specialization Accounting

Additional information
Security and safety Confidential security clearance Criminal record check Drug test Enhanced reliability security clearance

Work conditions and physical capabilities
Ability to work independently Attention to detail Fast-paced environment Repetitive tasks Tight deadlines Work under pressure Personal suitability Client focus Excellent written communication Flexibility Judgement Organized Reliability

Benefits Other benefits Free parking available Parking available

09/17/2026

🚨INVESTORS & EXECUTIVES: IS YOUR WEALTH PREPARED FOR THE NEW "SHADOW TAX"?
🚨If your high family income doesn't just come from a salary, but also from capital gains, stock options, or corporate dividends, your 2026/2027 tax planning needs to change.
πŸ’‘ If you are planning a massive asset liquidation or corporate payout in late 2026 or into 2027, you must work with us to model whether you will trigger the AMT, and structure the payouts across multiple tax years.

The federal government's massive overhaul of the Alternative Minimum Tax (AMT) is fully active, raising the shadow tax rate from 15% to 20.5%.
What High-Earning Families Need to Know:
The Good News: The basic AMT exemption has indexed up to $181,440 for 2026, meaning ordinary high salaries aren't triggered automatically.
The Danger Zone: If you sell a business, exercise huge corporate stock options, or donate major blocks of shares, 100% of those capital gains are now included in the AMT formula (up from 80%).
Charitable Disincentive: Charitable donation tax credits are reduced to 80% under the AMT calculation.

09/17/2026

🚨 GAME CHANGER FOR CANADIAN SMALL BUSINESSES
🚨If you’ve been waiting for the right time to upgrade your company’s equipment, software, or vehicles, this is it.
The federal government just introduced the permanent Productivity Mega Deduction, allowing businesses to immediately write off 100% of eligible new investments in the very first year.
What this means for you:Instant Tax Relief: Instead of depreciating assets over years, you can deduct the full cost right away, boosting your immediate cash flow.
Broad Coverage: Applies to software, computer equipment, network wiring, and eligible business vehicles.
Provincial Bonus: This pairs perfectly with recent regional tax cuts (like Ontario's small business tax rate drop to 2.2% that kicked in this July!).
Don't leave money on the table this fiscal year. Talk to us about maximizing this new write-off!

09/17/2026

You may be entitled to compensation. Contact our office by email.

Notice of Settlement Approval: Sweet v. His Majesty the King β€” Federal Court File No. T-982-20

Did you receive notice or have reason to believe that you may have experienced a privacy breach between March 1, 2020 and December 31, 2020 with respect to your personal or financial information while using a Government of Canada Online Account (Canada Revenue Agency’s β€œMy Account”, β€œMy Services Canada” account, or other online government accounts where the account is accessed using a GCKey)? If so, you may be entitled to compensation.

The settlement is a compromise of disputed claims and is not an admission of liability, wrongdoing, or fault by any of the Defendants.

03/03/2026

CRA Increasing Audits of High-Net-Worth Individuals & Related Entities. The Canada Revenue Agency (CRA) has significantly expanded its audit approach for high-net-worth individuals and families.

These audits now go beyond personal tax returns. The CRA is reviewing entire networks of related entities β€” including corporations, trusts, partnerships, and family members β€” to assess overall compliance.
πŸ”Ž What this means:
β€’ Broader and more detailed audits
β€’ Requests for extensive financial documentation
β€’ Review of reorganizations and tax planning strategies
β€’ Possible lifestyle and bank deposit analysis
β€’ Increased use of technology and international data sharing
β€’ Longer audit timelines

The burden of proof rests with the taxpayer. Incomplete or delayed responses can result in penalties.
πŸ“‚ Key Takeaway:
Strong record-keeping, transparent reporting, and proactive compliance are more important than ever.
If you or your family operate through corporations, trusts, or complex structures, it is wise to ensure your documentation and reporting are fully in order.

At iTrust Financial Group, we assist clients in preparing for and responding to CRA reviews with clarity, structure, and professional guidance. If you have concerns or would like a compliance review, feel free to contact us.

02/10/2026

πŸ“’ 2025 Personal Income Tax Return Filing Reminder
RRSP contribution deadline (bank deposit or RRSP loan/deposit) is Monday, March 2, 2026.

⏳ Don’t wait until the last day.
βœ”οΈ Our suggested target date: Wednesday, February 25, 2026 or earlier.

Plan ahead and file smart! πŸ’ΌπŸ“‘

πŸ“˜ BARRIE! Tax season is here!!Upcoming Schedule & WALK-IN Location: Starting at 10:30 AM and ending at 6:00 PM.March 202...
02/07/2026

πŸ“˜ BARRIE! Tax season is here!!

Upcoming Schedule & WALK-IN Location:

Starting at 10:30 AM and ending at 6:00 PM.

March 2026:

Sunday March 15th
Sunday March 22nd
Sunday March 29th

April 2026:

Saturday April 11th

At the Barrie Best Western Plus Hotel [access by the parking lot side-door]
35 Hart Drive
Barrie, ON L4N 5M3

Accounting | Tax | Advisory
πŸ“ž 416-740-5413 | 905-282-0123
βœ‰οΈ [email protected]
🌐

Expert solutions for individuals and businesses.

02/05/2026

iTrust Financial Group
πŸ“˜ 2025 Tax Season Bulletin (Filing in 2026)
Accounting | Tax | Advisory
Suite 36 – 2601 Matheson Blvd E, Mississauga, ON L4W 5A8
πŸ“ž 416-740-5413 | 905-282-0123 | βœ‰οΈ [email protected]

πŸ“… Key Filing Dates
β€’ February 23, 2026 – CRA opens online filing
β€’ April 30, 2026 – Filing deadline & payment due date
β€’ June 15, 2026 – Filing deadline if self-employed (payment still due April 30)
β€’ Assistance available for up to the last 10 years, where applicable.

πŸ” CRA My Account – Authorize Us (Level 2 | No Expiry)
Authorizing us allows faster CRA communication and fewer delays.
1. Sign in to CRA My Account
2. Go to Profile β†’ Authorized representative(s)
3. Select Add / Authorize my representative
4. Enter BN 809416472 (iTrust Financial Group)
5. Select Level 2 access
6. Set expiry to Does Not Expire
7. Review and confirm

πŸ“‚ Quick Start – Send These First (PDF only)
β€’ Tax slips received so far
β€’ Changes to marital status or address
β€’ RRSP / FHSA receipts
β€’ Rent paid or property tax paid
β€’ Medical & donation receipts
β€’ Prior year Notice of Assessment (if available)
πŸ’‘ RRSP & FHSA – Planning Matters
β€’ RRSP contributions up to March 2, 2026 may be deductible
β€’ FHSA contributions are deductible; qualifying withdrawals are tax-free
β€’ Contact us early if unsure how much to contribute

🏒 Capital Transactions & Advisory Support
Please notify us if you sold investments, real estate, or business assets in 2025. We assist with investment planning, commercial transactions, valuation support, and CRA-compliant documentation.

πŸ“€ How to Send Documents
Email PDF documents (no photos) to [email protected]
β€’ Send separate emails per person
β€’ Include full name in the subject line

In-person appointments available in Toronto (Wed–Sat) and Barrie (Sundays, Mar–Apr).

01/21/2026

Effective February 9, 2026, Notice of Assessment (NOA) and reassessment will be available for viewing exclusively in the Canada Revenue Agency (CRA) portals right after the CRA receives and processes the tax return.
If you do not have a CRA account or you set your preferences to letter mail, your notice of assessment and/or reassessment will be sent to the mailing address on file.

01/17/2026

πŸ”” Tax Season Is Here – Take Action Early
Tax season is here (and for many, already started).
Before rushing to file, make sure your information is complete and accurate.

πŸ‘‰ Create or validate your CRA My Account / My Business Account
πŸ‘‰ Authorize iTrust Financial Group (BN: 809416472) as your CRA representative. Authorization Level 2, Not expiring.

This allows us to securely access available tax slips through CRA’s Auto-Fill (AFR) system β€” subject to what CRA has on file.

πŸ“Œ Important reminder: CRA data is not always complete. Missing slips can lead to reassessments, penalties, and stress later.
βœ”οΈ Gather your income and expense documents thoroughly.
βœ”οΈ File right β€” not rushed.

πŸ“ When accuracy matters, iTrust is the place to go.

Address

36-2601 Matheson Boulevard East
Mississauga, ON
L4W5A8

Opening Hours

Tuesday 10am - 5pm
Wednesday 10am - 8pm
Thursday 10am - 5pm
Friday 10am - 5pm
Saturday 10am - 5pm

Telephone

+14167405413

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