Denounce with righteous indignation and dislike men who are beguiled and demoralized by the charms pleasure moment so blinded desire that they cannot foresee the pain and trouble.
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Personal Tax Services
As tax season approaches in the spring, many individuals begin searching for personal tax services. Adens CPA provides expert assistance in preparing and filing T1 personal income tax returns, serving hundreds of Canadians annually with a wealth of experience and reliable service.
Reliable Personal Tax Services in Regina
At Adens Chartered Accountant, we help individuals in Regina navigate the personal tax filing process with ease. Our team ensures that you gather all necessary tax slips to accurately complete your tax return. Below are some common income sources that generate tax slips beyond the standard personal tax return:
Common Income Sources & Tax Slips
- Employment Income: T4, T4A
- Pension & Annuity Income: T4A, T4A(OAS), T4A(P), T4RIF, T4RSP
- Investment Earnings: T5, T3, T600, T5008, T5013, T5013A
- Foreign Assets & Investments
- Rental Property Income
- Registered Retirement Savings Plan (RRSP) Withdrawals: T4RSP
- Capital Gains & Losses
- Self-Employment & Business Income
- Debt Forgiveness & Settlements
- Other Taxable Income: T4E, T4PS, T5007, RC62, RC210
In addition to identifying income sources, we ensure that all applicable deductions are included in your tax return, helping you reduce your taxable income and maximize savings.
Eligible Tax Deductions
- Work-Related Expenses: Form 2200
- Investment Losses & Deductions: T101, T102, T5003, T5004, T1-CP
- Expenses for Rental Properties
- RRSP Contributions: Deductible until March 1 of the following fiscal year
- Union Fees & Professional Memberships
- Moving Costs
- Childcare Expenses
- Alimony & Spousal Support Payments: T1157
- Disability Support Costs
- Allowable Business Investment Losses (ABIL)
- Legal Fees for Tax or Business Purposes
- Stock Option Deductions
- Prepaid Income Tax Installments
- Pension Adjustments & Reversals: T10, T215
- Fines, Penalties & Levies
By choosing Adens Chartered Accountant for your personal tax needs, you can trust that your return will be prepared accurately, ensuring compliance with tax regulations while optimizing your financial outcome. Get in touch today to get started on your tax filing!
Tax Credits
Tax Credits
The Canadian government offers various tax credits to individuals based on their unique financial and personal situations, helping to lower their tax obligations. At Adens Chartered Accountant, we ensure that you take full advantage of all applicable tax credits when filing your personal income tax return.
Tax Credits You May Qualify For
- Spousal Tax Credit
- Credit for Dependents (for individuals born before 1993 in the 2013 tax year)
- Disability Tax Credit (DTC): Form T2201
- Adoption-Related Expense Credit
- Tuition & Education Credit: Forms T2202/T2202A
- Student Loan Interest Deduction
- Medical Expense Deduction
- Caregiver Credit for Supporting Dependents
- Charitable Donation Credit (including the First-Time Donor’s Super Credit introduced in 2013)
- Tax Credit for Federal or Ontario Political Contributions
- Public Transit Credit (valid for monthly or consecutive four-week passes)
- Rent or Property Tax Benefit (subject to eligibility criteria)
- Children’s Fitness Credit (up to $500 per child)
- Children’s Arts Program Credit (up to $500 per child)
With our expertise, we make sure you claim every credit you’re eligible for, helping to maximize your tax refund or reduce your tax liability. Get in touch with us today and let’s optimize your tax return!
Why Choose Adens CPA Accounting Professionals
Adens CPA Professional Accountants provide a reliable all rounded service for your personal tax return. Recognizing that you have unique needs we take the time to understand you and your financial goals. We assist and customize our services to best suit your needs.
Filing tax returns
File Your Taxes on Time with Adens CPA
At Adens CPA, we ensure that your personal tax return is accurately prepared and submitted on time. For employed Canadians, the filing deadline for the 2024 tax year is April 30, 2025.
Failure to file or pay your taxes on time may result in interest charges at prescribed rates starting after the April 30 deadline. Additionally, late submissions may be subject to penalties if taxes are not reported within the required timeframe.
We look forward to assisting you with your personal and corporate tax filings. Contact us today via email at contact@adenscpa.com or call us at 306-209-0094 for professional tax services.
