Personal tax accountant in calgary​

chartered professional accountants

Filing your personal income tax returns can be a daunting task, but our Calgary Personal Tax Accountant is here to help. By using our trusted personal income tax service, you can maximize your tax savings without the hassle of researching tax planning strategies and various deductions and credits applicable to your tax situation. Errors in filing your tax return can attract the CRA’s attention. If you’ve forgotten to add information or made mistakes while entering or calculating numbers, you will receive a Notice of Reassessment. 

Our Tax Accountant in Calgary and professional tax planning specialist can help you avoid mistakes on personal income tax returns. With our Personal Tax Services in Calgary, you don’t have to worry about tax issues before, during, or after filing your returns. You can complete it once and relax until the next tax season. Whether you need a Personal Tax Advisor in Calgary or are looking for Income Tax Accountant in Calgary services, we’ve got you covered. We also offer support for Tax Audit in Calgary, ensuring you’re prepared for any situation. Trust us with your Personal Taxes in Calgary and experience the difference. 

Personal income tax planning is important

There are numerous strategies to reduce your personal income tax liability. Our Personal Tax Services in Calgary allow you to maximize available exemptions, deductions, and benefits. 

Claim Eligible Refundable Tax Credits

Including Charitable Donations, Child Disability Benefits, Medical Expense Tax Credits, Eligible Educator Credits, Canada Caregiver Credits, Tuition Tax Credits, Interest on Student Loans, GST/HST, and Working Income Tax Benefits (WITB).

Reduce Tax Bills & Maximize Refunds

File accurately and on time with optimal tax planning from our Calgary Personal Tax Accountant, ensuring all deductions and credits are expertly handled.

Comprehensive Personal Tax Services

From Personal Tax Advisor in Calgary to Income Tax Accountant in Calgary and Tax Audit in Calgary support, we manage your Personal Taxes in Calgary with professionalism and care.

Depending on your earnings, you can leverage personal tax planning techniques or refundable tax credits. For instance:

Home Buyer’s Plan

Lifelong Learning Plan 

Registered Education Savings Plan (RESPs) – S.146.1 of ITA 

A Registered Retirement Savings Plan Contribution (RRSP) can lower your net income. The profits in your RRSP portfolio are entirely tax-free – you don’t pay taxes on dividends and interest earned from the investment.

Avoid Penalties

Personal Income Taxes Fund Public Services

The Federal government earns 30% of its revenue from personal income taxes, supporting infrastructure, schools, healthcare, and cultural programs.

Know the Tax Filing Deadline

The tax filing deadline is April 30 of the following year, with rare exceptions such as during the COVID-19 pandemic.

Avoid Late Filing Penalties

If you file your returns after the deadline, the CRA charges daily compound interest from May 1 until the full balance is paid, increasing your penalty the longer you wait.

Don’t have an income? You should still file a return.

Some of the government’s tax benefits apply to Canadians regardless of their employment status. So, even if you’ve not earned an income or you’re between jobs, you should absolutely file a return.

You may be eligible for the Canada Child Benefit (CCB) tax-free monthly payment to payments and guardians raising children under 18 years of age.

You can claim provincial credits like the Alberta Family Employment Tax Credit, which pays a tax-free amount to families with children, and has no minimum working requirement.

You can qualify for the GST/HST tax credit that offsets some or all of the GST/HST you pay. Under this benefit, singles get $443/year, married or living common-law individuals get $580/year and families receive $153 for each child under the age of 19.

If you would rather not file your taxes, you’ll be missing out on the tax benefits that you can legally claim. The monthly and one-time payments will make a difference and help you sustain a dignified lifestyle as you search for a new job. Filing zero income tax returns isn’t a useless exercise. Some of our clients have successfully claimed thousands in benefits during sustained periods of unemployment.

Why Us?

We share a few things in common with sought-after tax professionals in Alberta. We do your tax planning and accuracy is ingrained in our services. But we also stand out in unique ways:

Utilize Tax Credits and Tax Deductions ​

Apply Absolute and Deferred Tax Saving Strategies ​

Get a review of previous 5 years’ tax filings​

Implement Tax Deferral & Tax Split S46.1 of iTA ​

Reduce Taxable Income Through Approved Income Adjustment (investment loan, child care costs)​

Optimize Tax Goals by reducing income subject to tax, increasing tax deductions, and maximizing tax credits ​

Consider common tax deductions (childcare, moving expenses, RRSP contributions, interest on investment loan, union/professional fees) ​

During the busy tax season, you’re not pushed to the end of the line. We devote time to each client and avoid rushed jobs in the second or third week of April. With our Calgary Personal Tax Accountant, you’ll never feel uncomfortable or stressed out. You receive expert assistance in making Voluntary Disclosures should you need to adjust or file prior year’s returns. If you want to rectify errors and aren’t sure what to do, our Tax Accountant in Calgary is here to help. 

Whether you need a Personal Tax Advisor in Calgary or are looking for Income Tax Accountant in Calgary services, we’ve got you covered. We also offer support for Tax Audit in Calgary, ensuring you’re prepared for any situation. Trust us with your Personal Taxes in Calgary and experience the difference.