At TAX SOLUTION, we understand the complexities of the Canadian tax system. Our team of experienced tax professionals can guide you through the process of filing your tax returns, ensuring that you maximize your deductions and credits while maintaining compliance with all applicable regulations.

To file your taxes with TAX SOLUTION, you will need to provide various documents, such as your T4 slips, investment statements, and any deductible expenses. Our tax professionals can assist you in identifying the necessary documentation and ensure that your tax return is completed accurately.

TAX SOLUTION offers flexible payment options to accommodate your needs. You can choose to pay upfront, arrange a payment plan, or have your tax refund directly deposited into your account. Our team will work with you to ensure a seamless and convenient tax filing experience.

Thousands of Toronto residents unknowingly make tax mistakes that cost them money or trigger unnecessary stress with the CRA. Whether missing valuable deductions, submitting inaccurate information, or failing to meet essential deadlines, these errors can quickly add up—leading to penalties, audits, or lost refunds.

Filing taxes can feel overwhelming, especially when juggling complex forms, changing rules, and multiple income sources. That’s where a professional tax accountant comes in. This blog highlights the most common tax mistakes in Toronto and explains how a tax accountant’s expertise can help you avoid costly errors and ensure your filings are accurate, compliant, and stress-free.

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April 30 Deadline for Most Individuals: If you’re a taxpayer in Toronto (and Canada in general), the primary deadline for filing your personal income tax return is April 30. This date is the deadline not only for submitting your return but also for paying any taxes owed. If you miss this date, you could face late penalties and interest charges on the amount you owe. Filing on time is crucial to avoid delays in receiving tax refunds or credits you might be entitled to, like the Canada Child Benefit (CCB) or GST/HST credits.

June 15 Deadline for Self-Employed Individuals: Self-employed individuals, along with their spouses or common-law partners, have until June 15, to file their tax return. However, payment is still due by April 30, if you owe taxes. Even if your return isn’t due until June, failing to pay taxes owed by the end of April will lead to interest charges starting from May 1.

GST/HST Filing Deadlines: If you’re registered for the if you owe taxes, payment is still due by April 30 Goods and Services Tax/Harmonized Sales Tax (GST/HST), your filing deadlines will depend on your reporting period. For monthly or quarterly filers, returns must be submitted one month after the reporting period ends. If you file annually, you have until June 15 to submit your return, but any payment owed must be made by April 30.

Corporate Tax Deadlines: For corporations, the tax return deadline is six months after the fiscal year-end. However, corporate taxes must be paid within two or three months after the fiscal year-end, depending on the company’s structure. Missing these deadlines can result in penalties and interest.