Taxes are Complicated. But Not When you Have the Right Accountant!
Income tax is one of the most often paid taxes in Canada. It's an important source of revenue for the many government services and programmes that benefit the general public. Canada's tax system improves the quality of life for all Canadians and newcomers. Taxes fund numerous things, from roads and bridges to education and health care in Canada.
The tax system is complex. It involves many rules and regulations. However, there are some basic things you need to know about filing your taxes.
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First, you must file a return every year by the due date.
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Second, you must pay any taxes due before April 30th.
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Third, you should keep records of all income and expenses.
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Fourth, you may deduct certain expenses from your taxable income.
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Fifth, you may claim exemptions based on your age, marital status, dependents, etc.
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Sixth, you may take deductions for mortgage interest, charitable contributions, medical expenses, etc.
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Seventh, you can claim education expenses under the tuition tax credit Canada on T1 general.
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Finally, you may carry over unused tax credits and deductions.
You don't want to miss out on any tax breaks. That's why you should hire a qualified accountant who knows how to prepare your taxes properly. They'll make sure you're getting the most money back possible. And they'll do it quickly so you won't have to wait until the last minute.
Frustrated by Simplistic, Low-quality Tax advice that Fails to Maximize Refunds?
We like helping clients lower their tax liability. CLaTAX has helped Canadians with their personal tax returns for over 11 years.
Minimize your taxes
In the highest tax bracket, 50% of your earnings go to the government. If you overlook a deduction or credit, you might lose thousands of dollars yearly. Why prepare and arrange your own taxes when a tax accountant can save you money? Professional tax service savings often exceed tax preparation fees.
Free consultation
At CLaTAX, initial phone or online consultation is free. Don't wait! Email or phone us for a free tax return consultation with a CPA.
File in our office
You can file your tax return at our office in Burnaby or Vancouver, British Columbia (by appointment). CLaTAX has professional tax accountants who can file and plan your taxes at fair costs.
Cloud tax services
Looking to file Canadian taxes online? Do your taxes from the comfort of home. Our cloud tax service offer Canada-wide remote service. You can file your personal tax return with CLaTAX online at your convenience time.
Back taxes
Unpaid or back taxes? CRA Audit? Not all taxable income declared? You deducted ineligible expenses? Incorrect tax return? If you answered yes, we can assist. Tax security protects you from audits and back taxes. CLaTAX CPAs apply the best accounting standards and have experience battling CRA audits and unpaid taxes.
File your Personal Tax Return with the Best Accounting Firm in Canada
Filing your Canadian income tax returns has never been easier! We know what it takes to help Canadians like you navigate through the maze of personal income tax rules. Our team has years of experience helping people just like you. With our expert team at CLaTAX, we’ll help you file your tax return the right of way. We offer in-person services, online filing, and even drop-off locations. Our tax filing services are available to all individuals and families, no matter what their tax situation is. This includes Canadian citizens, Canadian students, immigrants, visitors, newcomers to Canada, welcome Canada tax for international students, people with work permits, senior citizens, Canadian resident who spends part of the year in the U.S and so on. We also help people who have rental properties, are freelancers or self-employed contractors, and delivery drivers and couriers who work for themselves.
Key dates and updates (2023-2024)
Starting on February 19, 2024, you can file your personal income tax and benefit return online for 2023.
April 30, 2024: Deadline to pay your taxes
Tax filing deadline 2023 Canada for individuals
and families (except
self-employed people)
is April 30, 2024.
People in Canada who are self-employed have until June 17, 2024, to turn in their taxes for the year 2023.
Take Advantage of the 2022 Tax Breaks
Take advantage of the new changes to tax breaks for 2022. Every Canadian can get three benefits from the Canada Revenue Agency (CRA). The Basic Personal Amount (BPA) tax credit, the Minimum Taxable Amount, and the Age Amount tax credit could all help you pay less federal tax.