V-TAC Accounting and Tax

We provide a wide range of services, including bookkeeping, accounting, business consulting, income tax preparation, and payroll management. In today’s challenging market, we understand the need for reliable advice, quick responses, and immediate results, which is why we strive to deliver the highest standard of services to surpass customer expectations. Get your finances in order at an affordable

rate. Did You Know...

Healthy Homes Renovation Tax Credit
In 2012, Ontario introduced a refundable Healthy Homes Renovation Tax Credit, which is designed to assist senior citizens with the cost of permanent home modifications to improve accessibility or to assist with mobility in and around their home. You can claim up to $10,000 in tax credit for wheelchair ramps, widening passage doors, handrails in corridors, and other qualifying expenditures. Third-Party Membership Discounts
The CRA has ruled that there is no taxable benefit to you if your employer arranges for the purchase of a discounted fitness pass membership from a third party. Assistant's Salary
An assist's salary might include amounts paid to a spouse or other family member if the salary is reasonable for the amount of work performed.