Affordable Personal Tax in Toronto & GTA

Personal Tax Returns starting at $129

For a detailed pricing page please click here

What hours do we operate?

• Monday to Friday In-person 11 am to 4 pm
• Monday to Friday Remote via Email and phone from 9 am to 11 am and 4 pm to 9 pm
• Saturday and Sunday Remote via Email and phone from 1 pm to 9 pm
• Call to book an appointment T:(647) 951-4852 Ext.2
• Email: info@downtowntorontotaxreturnpreparation.com

It’s very easy to get your personal taxes out of the way for 2023. We are reachable via phone, email, and in-person. Just use one of our methods of sending your tax documents to one of our tax advisors. Let us take care of the rest. You deserve your refund as soon as possible.

How to send my documents to a tax advisor?

• In Person (Must book an appointment to meet with Tax Advisor)
• Email via upload or scanned document
• Fax
• Canada Post/Courier

Where can I file my personal taxes?

Downtown Toronto Central Location (Yonge & Richmond)
151 Yonge St
11th Floor
Toronto ON M5C 2W7

Downtown Toronto North Location (Yonge & Bloor)
2 Bloor St W
Suite 700
Toronto ON M4W 3E2

Downtown Toronto East Location (Queen and Church)
111 Queen Street East
South Building
Suite 450
Toronto ON M5C 1S1

Downtown Toronto West Location (University and Dundas)
439 University Ave
5th Floor
Toronto ON M5G 1Y8

Downtown Toronto South Location (Bay St and Queens Quay)
88 Queens Quay West
RBC Water Park Place
Suite 2500
Toronto ON M5J 0B8

Downtown Toronto Return Preparation (King St and Spadina Ave)
500 King St W
Suite 300
Toronto ON M5V 1L9

Downtown Toronto Tax Return Preparation (Yonge and Dundas) – Eaton Centre
1 Dundas St W
Suite 2500
Toronto ON M5G 1Z3

Downtown Toronto Tax Return Preparation (Yonge and St Clair)
2 St. Clair Ave West
18th Floor
Toronto ON M4V 1L5

What does it cost to file my personal taxes

Do you need to use a tax return preparation service (Affordable Personal Tax in Toronto)?

With our tax service, pay for what you need. Start with a base package and add what you need for your return to be prepared. If you do not see what you are looking for or are not too sure, please give us a call at 647-951-4852, press 2, and speak to an advisor. Please note Pricing listed below is for Personal Returns only and is only approximate estimates. Please call for pricing on all other types of returns. 

For detailed Personal, Individual, and Self Employed Tax Return Pricing please click here

Do you need to use a tax return preparation service (Affordable Personal Tax in Toronto)?

Everyone doesn’t need to use a professional tax preparation service. Of course, it saves time, a greater chance of accuracy and completion on time. If your needs are simple, it would not be wise to use our services. If you can complete your tax return on your own or with the assistance of a friend or family member and have confidence in it, we suggest you go with that.

Why using a professional personal tax return preparation advisor is beneficial?

• The complexity of your transaction that you have never dealt with before.

• Understanding the tax laws associated with your transaction. The internet provides a great deal of information but does it apply to your tax needs.

• Accuracy of applying tax legislation.

• Are you 100 percent sure you are right?  Completeness of your return?

• Are you aware of all deductions and credits you are entitled to?

• Planning and your tax situation.

• Are you utilizing available tax shelters for the future?

Tax planning is a subset of financial planning. Have you considered questions about your financial goals, retirement, and the impact of tax planning on them?

For the best personal tax return preparation, please contact us to book an appointment for the 2022 Tax Return Season.

Personal Tax Return Preparation Checklist – Affordable Personal Tax in Toronto

Information you may need to bring for meeting with one of our tax advisors for personal tax return preparation

• Last year’s tax return
• Last year’s Notice of Assessment (NOA)
• Changes to personal status – marriage, separation, birthdates, children birthdates, new address, telephone number, disabilities, death
• Amounts paid by tax installments

T-Slips – Affordable Personal Tax in Toronto

• T4 Employment income
• T5 Interest or dividends
• T3 Mutual fund income
• T600 Canada Savings Bond interest
• T4OAS Old Age Security (age 65)
• T4A(P) Canada or Quebec Pension
• T4A Pension, retiring allowance, scholarships
• T4RIF Registered Retirement Income Fund
• T4RSP Withdrawal from an RRSP
• T5007 Workers compensation, social assistance
• T5013 Partnership income
• T4E Employment Insurance Benefits
• T4PS Profit-Sharing Plan

Deductions

• RRSP contribution slips
• Professional fees or union dues (if not on T4)
• Donations to Charities
• Medical expenses (drugs, dental, glasses, therapy, private health plan premiums)
• Summarize by family member and exclude any amounts reimbursed
• Child care information
• Tuition fees (post-secondary)
• Interest on money borrowed to earn investment income
• Safety deposit box (if you own investments)
• Investment management fees
• Labour sponsored tax credits
• Spousal or child support paid
• Political contribution receipts

Investments – Affordable Personal Tax in Toronto

• Stocks – Capital gains summary report (from a broker) or transaction slips/detailMutual Funds – Annual statement showing gains/losses
• For all investments sold, switched, or exchanged during the year
• Real estate sales – agreement of purchase and sale (for both original purchase and sale)

Other

• Spousal or child support received
• Property tax or rent paid (if family net income < $40,000)
• Employment expenses (auto / supplies / home office)
• (form T2200 required – signed by employer)
• Moving expenses (T1M) if you moved 40 km closer to a new place of work
• RRSP Homebuyer information
• Details of any foreign income

Home Office – Affordable Personal Tax in Toronto

• Electricity, heat, water, maintenance & repairs, insurance, mortgage interest, % use of home for business

Vehicle Expenses – Affordable Personal Tax in Toronto

• Fuel, insurance, license & registration, maintenance & repairs, parking, total km driven for business and personal

Rental Properties

• Details of owners/partners, gross revenue, advertising, interest, maintenance & repairs, office expenses, property taxes, travel costs, utilities

For Personal Tax Advice and Planning, visit our related company Toronto Tax Consulting.