FAQ

Frequently Asked Questions

All CPAs are accountants, but not all accountants are CPAs. CPA stands for "Chartered Professional Accountant", and the term denotes an accounting professional who has met all regulatory and education requirements for the designation and passed a licensing exam. A CPA can perform more advanced accounting duties than other types of accountants, including preparing audited financial statements.

Yes! Before taking you on as our client, we will do an initial assessment to ensure our services fit your needs perfectly. Call us today for a consultation.

The cost varies depending on your needs. Some businesses want to outsource their entire accounting department while others just need extra support during tax season. Speak directly with a CPA from our full-service CPA firm to receive a personalized quote.

We accept all major credit cards (excluding American Express), cheques, and e-Transfer (ar@eclipsellp.ca)

For personal tax services, we recommend booking your appointment from the beginning to the middle of March to ensure all slips are received.

Please see our “T1 Check-in Sheet” and “T1 – Things You May Need” on our resources page.

Tax software can file a return, but an accountant goes further. We make sure to offer personalized advice, helping you maximize your tax savings while ensuring compliance with CRA standards. From personal taxes to business filings and long-term planning, we're a trusted partner, not just a form-filler.

Yes! Our online portal provides a quick and easy way to organize your financial documents and share them with your Eclipse accountant. Please call one of our offices to create an account.

We encourage all Eclipse LLP clients to sign up for MyAccount. This online portal provides quick access to all slips, returns, and other resources. Alternatively, please call our office, and one of our CPAs can provide it to you using our CRA Representative access.

The two easiest ways to pay taxes owing are:

  1. Online Banking: Some banks and credit unions in Canada allow you to add the CRA as a payee to make one or more scheduled payments. Options and services available depend on your bank or credit union. Payments are made directly from your bank account. More information is available here.
  2. One-time Payment using CRA online services: You can also make payments directly to the CRA using your bank access card (Visa Debit or Debit Mastercard) through CRA’s secure electronic
    service called My Payment.

Keep all financial documents for at least seven years from the end of the last tax year to which they relate. If the income tax and benefit return is filed late, keep documents for seven years from the date the return was filed. These documents help support any deduction or credit you have claimed.

You can easily change your home or business address online using your CRA Account; by mail by completing “Form RC325 Address Change Request”; or by phone using the CRA Individual Income Tax Enquiries at 1-800-959-8281.

You can order most remittance vouchers or payment forms through the following options:
  • Using your CRA online account.
  • Using the "Represent a Client" option.
  • Calling the CRA
As of January 1, 2024, payments or remittances to the Receiver General of Canada over $10K should be made electronically.

Personal – Please complete the authorization form found in our resource centre.

Business – You will need a CRA My Business Account. To authorize our firm as a representative for online access, follow the steps below:

  1. Login in to MyBusiness Account.
  2. From the “Profile” section, click “Authorized Representative > Manage Authorize Representatives > Authorize a Representative.”
  3. Enter our firm’s business number: 893 341 586.
  4. Choose Level of Authorization: Level 2; Expiry date: Leave blank; Accounts: All accounts.
  5. Review the page, open the confirmation box and click “Submit.”

Still have questions? Reach out to us!

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