Personal Income Tax Accountant Downtown Toronto

Personal Tax Returns starting at $99 for remote tax preparation

For a detailed pricing page please click here

What hours do we operate?

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

***In-person Evenings and Weekends By Appointment Only based on availability From Mar 15 to Apr 30, Deposit required.

It’s very easy to get your personal taxes out of the way for 2022. 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
• Email via scan or uploaded file
• Fax
• Canada Post/Courier

Where can I file my personal taxes?

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

Downtown Toronto Tax Return Preparation (Yonge and Davisville)
1920 Yonge Street
Suite 200
Toronto ON M4S 3E2

What does it cost to file my personal taxes?

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?

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 with it, we suggest you go with that.

Why using a professional personal tax return preparation advisor is beneficial (Personal Income Tax Accountant Downtown Toronto)?

• 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 2023 Tax Return Season.

Personal Tax Return Preparation Checklist – Personal Income Tax Accountant Downtown Toronto

Information you may need to bring for meeting with one of our tax advisors for personal tax return preparation – Personal Income Tax Accountant Downtown Toronto

• 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 – Personal Income Tax Accountant Downtown 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 – Personal Income Tax Accountant Downtown Toronto

• 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 – Personal Income Tax Accountant Downtown 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 – Personal Income Tax Accountant Downtown Toronto

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

Vehicle Expenses – Personal Income Tax Accountant Downtown 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.