Individual Tax Solutions

Smart Tax Strategies for Maximum Benefit

Our team assists individuals across Canada manage their taxes with confidence. From personal filings to investment and retirement planning, our experienced team ensures accuracy, compliance, and opportunities to minimize your tax liability.

Our Services

We provide a comprehensive range of individual tax services:

Canadian Tax Compliance – Timely and accurate preparation of personal tax returns to meet CRA requirements, including:

Personal Tax Returns (T1)
Statement of Business or Professional Activities (T2125)
Statement of Real Estate Rentals (T776)
Information Returns (T1134, T1135)
Underused Housing Tax Returns (UHT)
CRA Correspondence Support – audits, disputes, and objections

Self-Employment and Business Income – Guidance for freelancers, consultants, and sole proprietors on deductions, expenses, and CRA compliance
Capital Gains and Investment Income – Proper reporting of stocks, dividends, crypto, and other investment income
Rental Income and Expenses –
Expert guidance for landlords on reporting rental income and maximizing allowable deductions
Retirement and Pension Income Splitting – Strategies for pension income splitting, RRSP withdrawals, and tax optimization in retirement

Individual Tax Planning

Effective tax planning helps individuals not just comply with the CRA but strategically manage their finances to minimize liability and maximize wealth. At Solvera CPA, we take a proactive approach, tailoring strategies to your unique financial situation. Key areas of focus include:

Maximizing Deductions & Credits – We ensure all eligible credits and deductions are claimed to lower taxable income and increase refunds.
Income Timing & Deferral – We strategically plan when income and expenses are recognized to minimize annual tax liability.
Retirement Planning – We optimize RRSPs, TFSAs, and income-splitting strategies to reduce taxes and support long-term retirement goals.
Investment Income Planning – We structure dividends, interest, capital gains, and crypto in a tax-efficient way to protect more of your earnings.
Rental & Real Estate Income – We help maximize deductions and ensure accurate reporting for rental and property income.
Foreign Income & Assets – We guide you in reporting offshore income and assets while minimizing penalties and tax exposure.
Ongoing Review – We regularly review your plan and adjust to new tax laws and opportunities.