V-TAC Accounting and Tax

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V-TAC Accounting and Tax Since 1997, V-TAC has been serving individuals, small businesses, and corporations across Canada. Our clients play an integral role in our company’s success.

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.

📢 Working more than one job? Keep an eye on your tax withholding.Each employer may withhold tax separately, but your tax...
10/23/2026

📢 Working more than one job? Keep an eye on your tax withholding.

Each employer may withhold tax separately, but your tax return looks at your total income for the year.

That means you could end up owing more at tax time if not enough tax was withheld.

💡 Planning ahead can help reduce surprises.

Scam Alert: Don’t Let Fake CRA Messages Fool You!Scammers may claim that there’s an error in your tax return and ask you...
10/22/2026

Scam Alert: Don’t Let Fake CRA Messages Fool You!

Scammers may claim that there’s an error in your tax return and ask you to download a “revised Notice of Assessment.”

⚠️ Don’t click suspicious links.
⚠️ Don’t open attachments.
⚠️ Don’t reply to the message.
✅ Check your information directly through your CRA account.

When in doubt, verify before you act.

Lost a tax document? Don’t panic! 📄Before requesting a replacement, check: ✔ CRA My Account✔ Your bank or financial inst...
10/21/2026

Lost a tax document? Don’t panic! 📄
Before requesting a replacement, check: ✔ CRA My Account

✔ Your bank or financial institution
✔ Your employer
✔ Payers & providers
✔ Last year’s tax records

Still can’t find it? V-Tac is here to help.
📞 (416) 769-9957
🌐 vtac.ca

"I already use QuickBooks, so I don't need a bookkeeper... right?" 🤔Not quite. Accounting software organizes your number...
10/20/2026

"I already use QuickBooks, so I don't need a bookkeeper... right?" 🤔

Not quite. Accounting software organizes your numbers, but it can't check if everything was entered correctly. Small mistakes can turn into big problems at tax time.
✅ Accurate records
✅ Better financial insights
✅ Less stress
✅ Stay compliant with tax rules
Let V-Tac handle it.

Need help? We're here for you.
📞 (416) 769-9957 | 🌐 vtac.ca
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💳 Paying only the minimum on your credit card?It may feel easier today, but interest can make your balance grow and take...
10/15/2026

💳 Paying only the minimum on your credit card?
It may feel easier today, but interest can make your balance grow and take much longer to pay off.
Whenever possible, pay more than the minimum and keep your interest costs under control.
Make smarter financial choices with V-Tac.

🎓 Graduated already? Your tuition tax credits may still matter!Did you know that eligible unused federal tuition tax cre...
10/14/2026

🎓 Graduated already? Your tuition tax credits may still matter!

Did you know that eligible unused federal tuition tax credits can generally be carried forward to reduce your taxes in future years?

Even if you’re no longer a student, those credits may still help you save on taxes when you owe them.

Not sure how much you have available? V-Tac Accounting & Tax can help you understand your tax situation.

🌐 vtac.ca 📞 (416) 769-9957

🇨🇦 Did the CRA ask for your non-resident spouse’s Statement of Income?If you or your non-resident spouse earned income o...
10/13/2026

🇨🇦 Did the CRA ask for your non-resident spouse’s Statement of Income?

If you or your non-resident spouse earned income outside Canada, the CRA may request income details to calculate your eligibility for certain benefits and credits.

Not sure what to submit or how to report it? V-Tac Accounting & Tax is here to help you navigate your Canadian tax matters with confidence.

📞 Call us at (416) 769-9957 🌐 Visit vtac.ca

🍁 Gratitude builds stronger tomorrows.This Canadian Thanksgiving, we’re thankful for the relationships, trust, and teamw...
10/12/2026

🍁 Gratitude builds stronger tomorrows.

This Canadian Thanksgiving, we’re thankful for the relationships, trust, and teamwork that make everything possible.

Wishing our clients, partners, and communities a happy Thanksgiving from all of us at V-Tac.

-Tac

Working two jobs? Your tax withholding may need a closer look.When you have multiple employers, each employer may calcul...
10/08/2026

Working two jobs? Your tax withholding may need a closer look.

When you have multiple employers, each employer may calculate your payroll deductions based only on the income they pay you. This can sometimes result in not enough tax being withheld throughout the year.

Review your withholding and plan ahead to avoid an unexpected tax bill.

AI is making CRA scams harder to spot.Got a message saying you're owed money? Don't click the link. Check the sender, lo...
10/07/2026

AI is making CRA scams harder to spot.

Got a message saying you're owed money? Don't click the link. Check the sender, log in to your CRA account directly, or call CRA if unsure.

Think before you click.

V-TAC Accounting & Tax | Jane Park Plaza, Toronto | Since 1997

Address

881 Jane Street #207
Toronto, ON
M6N4C4

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm
Saturday 9am - 2pm

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