Filing your personal tax return doesn’t have to be stressful. I’m here to help you navigate the complexities of tax season, maximize your refund, and ensure compliance with Canada’s tax regulations.
A personal tax return, or T1 return, is how individuals in Canada report their income and claim deductions and credits to the Canada Revenue Agency (CRA). Whether you’re employed, self-employed, or retired, filing an accurate return is essential to avoid penalties and make the most of available tax benefits.
As your trusted personal tax accountant, I offer a comprehensive service designed to address all aspects of your tax filing.
Identifying Income Sources:
I’ll ensure every income source is properly reported, including:
Claiming Deductions:
I’ll help you claim eligible deductions such as:
Applying Tax Credits:
You may qualify for various tax credits that reduce your tax payable, including:
Filing deadlines are crucial:
Interest and penalties apply if deadlines are missed. I’ll ensure your return is submitted accurately and on time.
1. What happens if I miss the tax filing deadline?
Late filings incur interest on unpaid taxes and potential penalties. I’ll help ensure your return is submitted on time to avoid these issues.
2. What if I don’t receive all my tax slips?
I can assist in identifying missing slips and requesting them from your employer or the CRA.
3. Can I claim credits for my child’s education or activities?
Yes! Depending on your situation, credits for tuition, arts, and fitness programs may apply.
4. Are medical expenses deductible?
Certain medical expenses are eligible for tax credits. I’ll review your records to determine what qualifies.
