Teli Financial Services
Comprehensive accounting and tax solutions tailored for businesses and individuals by Teli Financial Services.
Teli Financial Services
We are specialized in bookkeeping, payroll, tax returns, and other returns such as GST/HST, IFTA, WSIB, payroll, and EHT.
Tax Preparation Help
TFS will help you with all your tax needs. We provide quick, affordable and accurate tax return preparation service. We are specialized in the following income tax related services:
Self employed, sole proprietorship, partnership
Single, married, separated, divorced or widowed
Seniors on Canadian or foreign pensions
Salaried and commission employees
New immigrants, refugees, emigrants and non-residents
Rental Income, Capital Gains and various investment incomes
Tips, baby sitting, odd jobs and other related incomes
Clergy with residential deductions
Social assistance, disability and other government assistance programmes
Returns for deceased persons
Accounting and Bookkeeping
We are providing a full charge of Accounting Services to small and medium size businesses.
Our services include....
New Business Setup
Registration of Business
Business Number Application
GST/HST Registration
Payroll Program Account Application
Import/Export Account Application
Set up the Books of Account
Full cycle Accounting Services (From the Transactions Accounting to Financial Statement Preparation)
Bookkeeping Services
Under audit? Contact us to help you with your audit. We all know that we can not avoid the CRA. However, TFS will make the audit process as smooth as possible. We will ensure that you have been treated fairly by the CRA.
We also provide the following services:
Help with CRA audit
Income tax adjustments
Notice of objection and appeals
Over due tax returns and taxes
Interest and penalty relief application
Need help with CRA audits, assessments or CRA collections on tax debts? We would be delighted to come to your rescue.
About the Income Tax:
The Canadian tax system is a self-assessment system in which the taxpayers are responsible for declaring their income from all sources and any deductions and credits to which they may be entitled.
The federal government of Canada and the provincial governments impose a tax on the income of residence of Canada and on the income of non-residents derived from Canadian sources.
If you are an actual or a deemed resident of Canada, you are taxed on all of your income, regardless of whether the income is from sources inside or outside of Canada.
Therefore, it is utmost important that proper documentation be maintained and that all claims can be substantiated. Below is a checklist of the more common items and the information required to file your individual income tax return:
Teli Tax has transformed my business finances with their exceptional accounting and tax services. Highly recommended!
John Doe
The team at Teli Financial Services is knowledgeable, professional, and always ready to assist with taxes.
Jane Smith
