Personal Tax Return Preparation in Toronto
Accurate, thorough T1 tax filing backed by over 15 years of experience. We help Toronto residents maximise their refunds while staying fully compliant with the CRA.
What We Offer
Comprehensive Personal Tax Return Services
Filing your personal tax return in Canada should not be a source of stress. At Edward & Associates, we provide complete T1 tax return preparation for individuals across Toronto, from straightforward employment returns to complex filings involving multiple income sources, investments, and rental properties. Our office on Bloor Street West has served the Toronto community for over 15 years, and our commitment to accuracy and personalised service has earned us a 4.9-star Google rating from more than 1,000 satisfied clients.
We take a meticulous approach to every return, ensuring that you claim every deduction and credit you are entitled to under Canadian tax law. This includes RRSP contributions and the corresponding deduction limits, medical expenses that exceed the threshold, charitable donations and political contributions, tuition and education credits, child care expenses, moving expenses, and the increasingly popular work-from-home deductions that have become a staple since 2020. Whether you are claiming the simplified flat-rate method or the detailed method for home office expenses, we determine which approach yields the greatest benefit for your specific circumstances.
All returns are filed electronically through CRA-certified EFILE software, which means faster processing times and quicker refunds. Electronic filing also reduces errors compared to paper returns and provides immediate confirmation that the CRA has received your submission. We stay current with every tax law change, credit update, and CRA administrative policy so that your return reflects the most advantageous filing position available to you. From the Canada Workers Benefit to the Climate Action Incentive Payment, we ensure nothing is overlooked.
Our clients range from young professionals filing their first return to retirees managing pension income, CPP benefits, and OAS clawback thresholds. We also have extensive experience assisting newcomers to Canada who need guidance on residency status, foreign income reporting, and treaty-based tax relief. No matter where you are in life, our goal is to make the tax filing process straightforward, transparent, and financially beneficial.
Ideal Clients
Who Is This For?
- Salaried employees looking to maximise deductions and credits on their T4 income
- Retirees managing CPP, OAS, pension income, and RRIF withdrawals
- University and college students claiming tuition credits and education amounts
- Newcomers to Canada who need help understanding Canadian tax obligations and residency rules
- Self-employed individuals and freelancers with T2125 business income
- Individuals with rental income from residential or commercial properties
- Anyone who has missed filing in previous years and needs to catch up
How It Works
Our Process
- 1
Initial Consultation
We begin with a brief conversation to understand your income sources, life changes, and any concerns you may have. This helps us identify all potential deductions and credits before we start.
- 2
Document Gathering
We provide you with a personalised checklist of documents we need, including T4 slips, T5 investment statements, RRSP receipts, medical receipts, and any other relevant records. You can drop them off at our Bloor Street office or submit them digitally.
- 3
Return Preparation
Our team carefully prepares your T1 return using CRA-certified EFILE software. We cross-reference every slip, apply all eligible deductions, and run multiple checks to ensure accuracy and the best possible outcome.
- 4
Review & Filing
Before filing, we walk you through your completed return so you understand exactly what is being claimed and what to expect. Once you approve, we electronically file with the CRA and provide you with a copy for your records.
- 5
Refund Tracking & Follow-Up
After filing, we monitor your Notice of Assessment and follow up on any CRA correspondence. If questions arise or adjustments are needed, we handle the communication on your behalf at no extra charge.
Common Questions
Personal Tax Return FAQs
Our personal tax return fees start at a competitive flat rate and vary depending on the complexity of your return. A straightforward T1 return for a salaried employee is at the lower end of the scale, while returns involving rental income, self-employment income, capital gains, or foreign assets may be higher. We always provide a clear quote before we begin so there are no surprises. Contact us for a personalised estimate based on your specific situation.
Most personal tax returns are completed within three to five business days once we have received all of your documents. During peak tax season (March through April), timelines may extend slightly, so we recommend booking your appointment early. If you need an urgent filing, we offer priority service to accommodate tight deadlines. Electronic filing means the CRA typically processes your return within two weeks, and direct deposit refunds arrive even faster.
If you have unfiled tax returns from prior years, it is important to address them as soon as possible. The CRA can reassess up to ten years of past returns, and penalties and interest accumulate over time. Edward & Associates specialises in catching up on multiple years of unfiled returns. We will review your situation, gather the necessary documentation, file all outstanding returns, and negotiate with the CRA on your behalf to minimise penalties wherever possible. Many clients are relieved to discover they are actually owed refunds from past years.