Estate and trust tax in Markham, Ontario
Final returns, T3 trust filings and tax-smart estate planning for families and executors.
Estate and trust tax for small business in Markham
When someone passes away, the executor must file a final return and often several others. We guide executors and families through the process, get clearance from the CRA and make sure nothing is missed.
From Unionville and Markham Village to the Highway 7 business corridor, Markham companies benefit from clean books, timely filings and planning that supports growth, including SR&ED credits for qualifying tech work.
For planning ahead, we look at how tax applies to your assets so your family is not left with avoidable bills, and we work with your lawyer on the tax side of your will and trusts.
We also prepare annual T3 returns for trusts.
What is included in estate and trust tax in Markham
- Final (terminal) T1 return
- Optional returns and rights or things
- T3 trust and estate returns
- CRA clearance certificates
- Estate tax planning
- Estate Administration Tax guidance for Ontario
Serving all businesses in Markham
- Executors and estate trustees
- Families of a deceased person
- Individuals planning their estate
- Trustees and beneficiaries
Want the full picture? Read more about our estate and trust tax service or see everything we offer in Markham.
How it works
A simple process from first call to finished work.
- 1
Free consultation
Tell us about your situation by phone, video or the contact form. We listen first and ask the right questions.
- 2
A clear plan and quote
You get a plain-language scope of work and a fee quote before anything starts, so there are no surprises.
- 3
We do the work
We prepare, file and reconcile everything, and you review a clear summary before it goes to the CRA.
- 4
Ongoing support
Questions in March or September are welcome. We stay available all year, not just at tax time.
Other services in Markham
Personal income tax in Markham
T1 tax returns for individuals, families, students, seniors and newcomers, filed accurately and on time.
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Corporate tax in Markham
T2 corporate returns and year-end tax planning for Canadian-controlled private corporations.
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Self-employed tax in Markham
Tax returns and expense tracking for freelancers, contractors, gig workers and sole proprietors.
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Non-resident tax in Markham
Canadian tax filings for non-residents with rental income, property sales or other Canadian-source income.
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US and cross-border tax in Markham
US tax returns and cross-border planning for US citizens, green card holders and Canada-US businesses.
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Real estate tax in Markham
Tax filing and planning for landlords, investors, flippers, builders and home sellers.
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Estate and trust tax in Markham: FAQ
Quick answers to what people ask us most.
Do you offer estate and trust tax in Markham?
Yes. We provide estate and trust tax to individuals and businesses in Markham and York Region. You can meet with us by phone or video and share documents securely online. Call (647) 527-4970 to get started.
What returns are due when someone dies?
Generally a final T1 return for the year of death, and sometimes additional returns and trust returns. The due date is usually April 30 of the following year, or six months after death if the person died in November or December.
What is a clearance certificate?
A CRA certificate confirming that all amounts owing by the deceased have been paid. Executors who distribute an estate without one can become personally liable for unpaid tax.
Is there tax when someone dies?
In general, the person is treated as having sold their capital property at fair market value just before death, which can trigger tax on gains. Transfers to a spouse or spousal trust can often defer it.
How much does estate and trust tax cost in Markham?
Fees depend on the scope and complexity of your situation. After a free consultation we give you a clear quote before any work begins.