Moose Mentor helps businesses manage their GST/HST obligations accurately and on time, reducing the risk of missed deadlines, penalties, or incorrect returns.
HST Registration & Setup
Determines when your business must register and sets up your HST account correctly, ensuring your invoicing and bookkeeping are aligned from the start.
GST/HST Return Preparation & Filing
Prepares and files HST returns based on your filing frequency (monthly, quarterly, or annually).
Input Tax Credit (ITC) Review
Reviews expenses to ensure you claim all eligible credits and reduce your net HST payable.
Reconciliation With Bookkeeping
Aligns HST returns with your internal records, working closely with bookkeeping to keep records consistent.
Late, Amended, or Missed HST Returns
Helps correct past filings and works with the CRA to minimize penalties and interest.
CRA Review & Audit Support
Provides documentation and assistance if the CRA reviews your HST filings.
Determines when your business must register and sets up your HST account correctly, ensuring your invoicing and bookkeeping are aligned from the start.
Provides documentation and assistance if the CRA reviews your HST filings.
Frequently Asked Questions – Bookkeeping Services Toronto
Common questions about Bookkeeping Services Toronto
What is NETFILE?
NETFILE is CRA’s electronic filing service that lets individuals submit their personal income tax return using certified tax software.
What is EFILE?
EFILE is a CRA electronic filing service used by authorized tax preparers to file returns for clients.
What’s the difference between NETFILE and EFILE?
NETFILE is for individuals filing their own return; EFILE is for tax professionals filing on behalf of clients.
Can newcomers use NETFILE in their first year?
Sometimes first-time filers/newcomers may not be eligible for NETFILE and may need to file by paper or use EFILE through an authorized tax professional.
Can I switch from NETFILE to EFILE if my return is rejected?
Yes. If a return is rejected, it can be corrected and re-submitted, filed through EFILE by a professional, or submitted by paper depending on the case.