Edmonton Personal Tax Accounting Services
We are a tax preparation company in Edmonton that focuses on small business, payroll, and personal taxes. We mainly help corporations with filing year ends, filing GST, and paying out dividends/salaries. We also assist companies with the full payroll process by getting them their regular paystubs, paying the CRA the remittances, and getting their employees their T4’s for that year. Along with this, we file personal taxes, whether you have T4 income, are a student, get disability income, have no income, have retirement income, get a T4A as a contractor, or have any additional income that you can claim expenses on. The process of filing personal taxes is the same wherever you go, but what makes us different is that we walk you through your taxes and see if there’s anything you can add or are eligible for that can maximize your return.
YEG Tax Masters
Edmonton Personal Tax Accounting
780-691-3982
Edmonton Personal Accounting & Tax Services
If it’s time for you to file your personal taxes, we’re flexible to do it in a way that meets your needs. If you have a busy schedule with limited time, we can get it done through email. If you prefer a phone call, we can do that too. And if would rather come in person and talk to us face to face while we do your taxes, we would be very happy to have you as well.
Whatever way you decide to do it, the first thing we will need from you to get started is for you to authorize us as your representative in your CRA account. Give us a call and we can walk you through that process if needed.
The next thing we need is:
- Your full name
- Full address
- Sin number
- Date of birth
- Email address
- Residency status
- T4 slips from your employer if you worked
- RRSP slips
- Other income/expenses (Uber, Skipthedishes, real estate rental etc.)
- Any donation or medical amounts you would like to claim
- T2202 from your school if you went to school
- Marital status
- If you have a spouse, their full name, Sin number, and date of birth
- If you have dependants, their full names and date of birth
Once you give us this information, we will start preparing your taxes and then show you a summary of your taxes that specifies how much you’re getting back or how much you have to pay to the CRA, as well as how much you’re getting in benefits. Then, you give us the green light that everything is good, and we’ll go ahead and send it to the CRA. You should then get your Notice of Assessment within two weeks after it’s been filed.
YEG Tax Masters
Edmonton Personal Tax Accounting
780-691-3982
Edmonton Personal Accounting & Tax Services
Frequently Asked Questions
I haven’t filed my taxes in years! How do I start?
Don’t worry, you’re probably going to get a refund for all of those years if you’ve been working under payroll. However, If you’ve worked multiple jobs during any year, you might owe money (depending on how much taxes each job took out). The rest of the process is the same – you just need to give us the information above for each specific year.
Can you tell me how much money I’ll be getting back?
Honestly, it’s hard to say because there’s a lot of factors involved. For example, did your employer take out enough taxes from each paycheque? Did you work multiple jobs? Did you have self employment income? Did you put any money into your RRSP that year? Give us a call and we can help you get an idea of how much you’ll get back or owe
What do I do if I owe money to the CRA?
If you owe money to the CRA, you have until the end of June to pay it before they charge penalties and interest. There are multiple ways to pay the CRA, which we can help you figure out.
What if I don’t have a CRA account?
You have to make a CRA account before we can file your personal taxes. It’s a simple process, and we can walk you through it if needed.
As you know, tax season can be a stressful time of year. Finding the best way to file your taxes, hoping it was done correctly, and the fear of the CRA coming after you if a mistake was made. Check our Google reviews and you’ll see that we’re known for helping people take that stress off their shoulders as we walk them through the entire process. Our clients understand what’s going on with their taxes and are confident that its being filed correctly and in the best way for their specific situations.
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