Personal Tax Filings -T1
At TaxCan Accounting and Taxes, we specialize in individual (T1) tax return preparation and filing, ensuring complete compliance with Canada Revenue Agency (CRA) regulations. Whether you are a salaried employee, self-employed, freelancer, contractor, or gig worker (including Uber, Lyft, and delivery drivers), we provide professional, accurate, and stress-free tax filing services tailored to your unique financial situation.
Why File Your Personal Tax Return?
Filing your T1 tax return is essential to stay compliant with CRA regulations and to take advantage of tax benefits. You are required to file if you:
Earned income in Canada during the tax year.
Owe taxes or want to claim a refund, deductions, or tax credits (e.g., GST/HST credits, child benefits, tuition credits, RRSP deductions).
Have self-employment income and need to report your earnings.
Have capital gains or other taxable investments.
Received a notice from the CRA requiring you to file.
Key Deadlines for T1 Filing
Regular deadline: April 30 of the following year.
Self-employed individuals & their spouses: June 15, but any tax owing must be paid by April 30 to avoid interest charges.
CRA Penalties for Late or Non-Filing
Failing to file or pay your taxes on time can lead to serious consequences:
Late-filing penalty: 5% of your balance owing + 1% per month (up to 12 months).
Repeated late filing: Increases to 10% + 2% per month (up to 20 months).
Interest on unpaid taxes: Charged daily starting May 1.
CRA audits & legal actions: Persistent non-compliance may result in bank account freezes, wage garnishments, or court actions.
How TaxCan Stands Out from Competitors
At TaxCan Accounting and Taxes, we take pride in delivering superior service compared to other tax service providers. Here’s what makes us different:
✔ Accuracy & Compliance – We meticulously review your tax return to eliminate errors and maximize deductions while ensuring full CRA compliance.
✔ Fast & Secure EFILE Submission – As a CRA-authorized EFILE provider, we offer instant submission, faster processing, and quicker refunds.
✔ Personalized Attention – Unlike many tax firms that treat clients as just another number, we take the time to understand your unique tax situation and offer tailored solutions.
✔ Self-Employed & Gig Worker Expertise – Many firms struggle with self-employment tax complexities. We specialize in gig economy tax filings, helping independent contractors, freelancers, and Uber/Lyft drivers navigate deductions, GST/HST obligations, and tax credits.
✔ Audit Assistance & CRA Support – If you face a CRA review or audit, we provide full representation and expert guidance about documentation, ensuring you stay protected and stress-free.
✔ Competitive Pricing with No Hidden Fees – We offer affordable, transparent pricing without unexpected costs, ensuring top-tier service at the best value.
✔ Integrity & Responsibility – We operate with honesty, transparency, and ethical responsibility, prioritizing our clients’ financial well-being over quick profits.
Experience Quality Service with TaxCan
At TaxCan Accounting and Taxes, we go beyond simple tax preparation—we provide a seamless, worry-free experience with a commitment to accuracy, integrity, and client satisfaction. Whether you need to file a simple return or require assistance with complex tax matters, our team is ready to help.
📞 Contact us today for professional, reliable, and hassle-free personal tax filing services. Let us handle your taxes while you focus on what truly matters!
