Personal Tax Accountant & Filing Services in Toronto
CPAMG provides personal tax filing and income tax preparation services for individuals, families and self-employed professionals in Toronto, Etobicoke and across the GTA. Our Chartered Professional Accountants help clients prepare their T1 tax returns, review eligible deductions and credits, meet CRA filing requirements and understand their personal tax obligations.
Personal Tax Filing Services for Individuals in Toronto
Personal tax filing involves reporting your income and relevant tax information to the Canada Revenue Agency. CPAMG provides personal tax preparation services for individuals, families and self-employed professionals in Toronto, Etobicoke and across the GTA.
Our Chartered Professional Accountants review your tax information, income sources and available supporting documents to prepare your T1 personal tax return and help you understand applicable deductions, credits and other tax considerations.
Speak With A Personal Tax AccountantPersonal Tax Filing Services in Toronto
CPAMG provides personal income tax preparation and filing support for individuals, families and self-employed professionals in Toronto, Etobicoke and across the GTA.
Personal & Self-Employed Tax Returns
CPAMG prepares T1 personal tax returns for employed individuals, self-employed professionals and freelancers. We review income information, eligible business expenses and relevant tax documents when preparing your return.
- T1 Personal Tax Return Preparation
- Self-Employed Income & Expenses
- Tax Amendments
- Late Tax Filing Support
Investment, Rental & Capital Gains Tax
Investment income, rental properties and capital transactions can create additional tax reporting requirements. CPAMG helps clients organize and report relevant investment, rental and capital gains information on their personal tax returns.
- Rental Property Income
- Investment Income & T5s
- Capital Gains & Losses
- Foreign Income Reporting
Tax Credits, Deductions & CRA Support
CPAMG helps individuals review applicable tax deductions and credits and understand CRA correspondence related to their personal tax return. Support may include reviewing Notices of Assessment and responding to relevant CRA requests.
- RRSP & FHSA Deductions
- Medical & Charitable Credits
- CRA Review & Correspondence Support
- Notice of Assessment Reviews
Why Work With a Personal Tax Accountant in Toronto?
Personal tax returns can involve employment income, self-employment, investments, rental income, tax credits and other information. Professional tax preparation can help organize the available information and ensure the return reflects applicable tax rules and supporting documentation.
CPAMG's Chartered Professional Accountants provide practical support with personal tax preparation, filing requirements, deductions, credits and CRA correspondence based on your individual circumstances.
Book a Free ConsultationAccurate Tax Preparation
Review income, tax slips and supporting information carefully when preparing your personal tax return.
Review Eligible Deductions
Identify applicable deductions and tax credits based on your income, expenses and personal circumstances.
CRA Filing Support
Prepare and file your personal tax return with attention to applicable CRA filing requirements and deadlines.
Ongoing Tax Support
Get practical support for Notices of Assessment, CRA correspondence and future personal tax filing requirements.
Our 5-Step Personal Tax Filing Process
Our personal tax filing process helps individuals organize their tax information, review relevant documents and prepare their T1 return for filing.
1. Initial Consultation
We discuss your tax situation, income sources and personal tax filing requirements.
2. Document Collection
We collect relevant tax slips, receipts, income records and supporting documents required for your return.
3. Tax Review
We review your tax information and identify applicable deductions, credits and other relevant tax considerations.
4. Tax Filing
We prepare and electronically file your T1 personal income tax return after reviewing the completed return with you.
5. Ongoing Support
We provide support for relevant CRA correspondence, Notices of Assessment and future personal tax filing requirements.
Frequently Asked Questions About Personal Tax Filing
Answers to common questions about personal tax filing, T1 returns, tax documents, deadlines and CRA support in Toronto.
The cost of personal tax preparation depends on the complexity of the return and the types of income and tax information involved. A return with employment income may require different work from one involving self-employment, rental income or investments. Contact CPAMG to discuss your tax filing requirements.
For most individuals, the personal income tax return is due April 30. Individuals or spouses with self-employment income generally have a June 15 filing deadline, although any balance owing is generally due April 30. Confirm the applicable deadline for your specific situation.
Yes. CPAMG can assist with preparing and filing outstanding personal tax returns. The appropriate approach depends on how many returns are outstanding and the individual's circumstances. Applicable CRA filing requirements and potential interest or penalties should be reviewed for each situation.
Yes. CPAMG provides personal tax preparation support for self-employed individuals and freelancers, including reviewing business income, allowable expenses and relevant tax information for the personal T1 return.
Yes. CPAMG reviews the available tax information and helps identify applicable deductions and credits based on your income, expenses and circumstances. Eligibility depends on the applicable tax rules and supporting documentation.
Documents may include T4 and T5 slips, RRSP or FHSA receipts, medical expense receipts, charitable donation receipts and records related to self-employment, rental or investment income. The exact documents required depend on your circumstances.
CPAMG can provide accounting and tax support related to CRA correspondence, reviews and requests for information. We can help clients understand the correspondence and organize the relevant financial and tax information.
CPAMG can provide personal tax filing support remotely for clients in Toronto and across Canada, subject to the applicable service arrangements. Contact the team to discuss your tax filing requirements and available consultation options.
Ready to Get Help With Your Personal Tax Filing?
Work with CPAMG's Chartered Professional Accountants for personal tax preparation, T1 filing, tax document review and ongoing support with your personal tax obligations.