The Ontario-based accounting and tax advisory firm underscores the critical need for access to experienced tax advisors in the context of a global economic crisis.

That Accounting and tax consultancy based in Ontario Businesses are emphasizing the critical need for access to experienced tax advisors in the context of a global economic crisis.

While Canada is not the only global economy struggling to respond appropriately, with inflation reaching 8.1% in July 2022, the highest since January 1983, Triple J Canada Consulting emphasizes the importance of everyone Tax aspects to keep in mind especially personally. In response to the news, a spokesman for the consulting firm said: “Individuals are bearing the greatest burden of this cost-of-living crisis. We’ve seen a number of customers contact us hoping to find a solution together to offset some of this. Inflation affects all taxes. So many people these days live paycheck to paycheck that it makes perfect sense to look for ways to flatten some of the spending, which involves making strict, accurate, and informed decisions when it comes to things like tax returns.

The consulting firm offers a wide range of personal tax services, from tax planning to tax returns and adjustments for students, the self-employed, homeowners and more. Triple J Canada brings a wealth of experience and commitment to making a potential difference and supporting Ontario residents during this time of uncertainty.

Looking ahead, as taxes such as income, property, utility benefits or auto insurance have increased across Canada, the spokesman added: “For the past tax season in April, there were some policy updates and the government is committed to providing additional support in announce to other tax areas to offset some of the burden. For example, based on the Climate Action Incentive (CAI), residents of Ontario, Manitoba,…