With a surging inflation, access to experienced tax advisors is needed now more than ever, Triple J Canada Consulting Says

July 25 14:50 2022
The Ontario-based accounting and taxation consulting business is highlighting the critical need for access to experienced tax advisors, in the context of a global economic crisis.

The Ontario-based accounting and taxation consulting business is highlighting the critical need for access to experienced tax advisors, in the context of a global economic crisis.

While Canada is not the only world economy struggling to respond appropriately, in the context of inflation reaching 8.1% in July 2022, the highest level since January 1983, Triple J Canada Consulting is highlighting the importance of keeping on top of all taxation aspects, in particular personal. In light of the news, a spokesperson for the consultancy stated, ‘Individuals are the ones carrying the biggest burden of this cost-of-living crisis. We have seen a number of clients contacting us in the hope of finding a solution together to offset some of that. Inflation has an impact across all taxes. So many people are living paycheck by paycheck nowadays that it makes it absolutely logical to look for ways to level off some of the spend, which includes making stringent, accurate and informed decisions when it comes to things like tax returns’.

The consultancy provides a broad range of personal tax services, from tax planning to returns and adjustments for students, self-employers, homeowners and more. Bringing in a wealth of experience, Triple J Canada is committed to making a potential difference and supporting Ontario residents during this period of uncertainty.

As across Canada there have been increases in taxes such as income, property, utilities or auto insurance, looking at the future, the spokesperson further added, ‘For the previous tax season, in April, there have been some policy updates and the Government is bound to announce additional support in other areas of taxation to offset some of the burden. For example, based on the Climate action incentive (CAI), residents of Ontario, Manitoba, Saskatchewan, and Alberta should have received the first quarterly payment on July 15th. The issue is that many residents are unaware of this and the fact that they need to register which means that not everyone who is in dire need of any type of relief, is receiving it. This is one of the drivers for us as Triple J and the motivating factor to providing the highest standard of services in order to identify any efficiency that could make a big difference’.

About Triple J Canada Consulting Inc.

Offering an impressive range of small business accounting and bookkeeping services to residents and small businesses across Mississauga and Toronto, Triple J Canada Consulting is proud of its long-standing reputation. The team is made up of experienced, committed and solution-oriented individuals who always focus on the customer’s specific needs and deliver tailor advice and support.

Media Contact
Company Name: Triple J Canada Consulting Inc
Contact Person: Media Relations
Email: Send Email
City: Mississauga
State: Ontario
Country: Canada
Website: https://www.jjjcanada.com/

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