Personal Tax Return Services in Canada | Maximize Your Refund & Stay Compliant

Filing your tax return accurately and on time is essential for compliance with the Canada Revenue Agency (CRA) and to maximize potential refunds and benefits. Understanding the tax return process can help you navigate it more effectively.

Understanding Tax Return Services in Canada

In Canada, the tax system operates on a self-assessment basis, meaning individuals are responsible for reporting their income and calculating any taxes owed. The standard deadline for filing personal income tax returns is April 30th of the following year. For self-employed individuals and their spouses or common-law partners, the deadline is extended to June 15th; however, any balance owing is still due by April 30th.

Why Choose Us for Tax Return Services in Canada?

Navigating the complexities of the Canadian tax system can be challenging. Here’s why our services stand out:

Expertise

Our team is well-versed in the latest tax laws and regulations, ensuring your return is accurate and optimized for potential savings.

Personalized Service

We tailor our approach to meet your unique financial situation, maximizing deductions and credits applicable to you.

Convenience

With options to file in-person, drop off documents, or utilize our secure online platform, we make tax filing as seamless as possible.

Book Your Free Consultation Today!

Take the first step toward tax return services. Schedule your free consultation today and let our experts guide you through the best tax return services for your business.

Our Tax Return Services in Canada

We offer a comprehensive suite of services to meet your tax filing needs:

Personal Income Tax Preparation

Accurate preparation of T1 returns, ensuring all income sources and deductions are accounted for.

Personal Income Tax Preparation

Accurate preparation of T1 returns, ensuring all income sources and deductions are accounted for.

Self-Employed and Business Returns

Specialized services for freelancers, contractors, and small business owners, including GST/HST filings.

Self-Employed and Business Returns

Specialized services for freelancers, contractors, and small business owners, including GST/HST filings.

Rental and Investment Income Reporting

Expertise in reporting rental properties and investment portfolios to optimize tax outcomes.

Rental and Investment Income Reporting

Expertise in reporting rental properties and investment portfolios to optimize tax outcomes.

01

Accuracy

We minimize errors that could lead to audits or penalties.

03

Time Savings

We handle the complexities, allowing you to focus on what matters most to you.

Why Avail Our Tax Return Services in Canada?

Choosing our services provides several advantages:

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Maximized Refunds

Our thorough approach ensures you receive all deductions and credits you’re entitled to.

How Our Tax Return Services in Canada Work: 5 Simple Steps

 Our Clients Love Us!

We’re proud to have earned the trust and loyalty of businesses across Canada. From startups to established enterprises, our clients consistently praise our expertise, professionalism, and commitment to their success. Here’s what they have to say about their experience with MB Accounting.

What is the deadline for filing a tax return in Canada?
  • Personal tax return (T1): April 30
  • Self-employed tax return: June 15 (but any balance owing must be paid by April 30)
  • Corporate tax return (T2): Six months after the end of the fiscal year
    MB Accounting ensures your tax return is filed on time to avoid penalties and interest.
What happens if I don’t file my tax return on time?
  • If you owe taxes, the CRA applies a 5% penalty on the balance, plus 1% per month for late payments (up to 12 months).
  • Even if you don’t owe taxes, filing late can delay benefits such as the GST/HST Credit and Canada Child Benefit (CCB).
  • MB Accounting helps you file on time or manage late filings to reduce penalties.
What types of tax returns does MB Accounting handle?

We specialize in all types of tax returns, including:
✅ Personal tax returns (T1)
✅ Self-employed and freelance tax returns
✅ Corporate tax returns (T2)
✅ Rental income tax returns
✅ Tax returns for newcomers to Canada
✅ Non-resident tax returns

How can I maximize my tax refund with MB Accounting?

Our experts ensure you claim all eligible deductions and credits, such as:
💰 RRSP contributions
🏠 Home office expenses (for self-employed & remote workers)
👶 Childcare expenses
🚑 Medical expenses
🎓 Tuition and education credits
💼 Business expenses (for freelancers and self-employed workers)

Can MB Accounting help me file my tax return electronically?

Yes! We use CRA-approved electronic filing (EFILE & NETFILE) to ensure faster processing and quicker refunds.

What documents do I need to file my tax return?

To file your taxes accurately, you should provide:
✔ T4 slips (Employment income)
✔ T4A/T5 slips (Other income, investments, or self-employed commissions)
✔ RRSP contribution receipts
✔ Medical expenses, tuition, and childcare receipts
✔ Business/self-employment income & expenses
✔ Rental property income & expenses
MB Accounting provides a personalized checklist to help you gather all required documents.

Can MB Accounting help if I owe taxes but can’t pay?

Yes! If you owe a tax balance, we can:
📌 Negotiate a payment plan with the CRA
📌 Reduce penalties and interest where possible
📌 Offer tax planning to reduce future tax liabilities

What if I make a mistake on my tax return?

If an error is found after filing, MB Accounting can file a correction using the CRA’s T1 Adjustment Request.
We ensure the mistake is fixed without triggering unnecessary audits or penalties.

How long should I keep my tax records?

The CRA requires taxpayers to keep tax records for at least six years.

  • MB Accounting offers secure digital storage and record-keeping for easy access.
How can I book a free consultation for tax return services with MB Accounting?

You can book a Free Consultation by:


Telephone: +1 (647) 956-0894

Email Us: sales@mbaccounting.ca

Website: https://mbaccounting.ca

Our experts ensure accurate filing, compliance, and maximum tax refunds while making tax season stress-free for you.

Frequently Asked Questions

Frequently Asked Questions (FAQs) for Tax Return Services in Canada – MB Accounting

At MB Accounting, we provide expert Tax Return Services in Canada for individuals, businesses, and self-employed professionals. Below are the top 10 FAQs about filing tax returns and how MB Accounting can assist you.

Still, Have Questions?

We’re here to help! Reach out to our team for personalized support and answers to any additional questions you may have. Contact us today to get started!

Book Your Free Consultation for Tax Return Services in Canada

We offer a complimentary consultation to understand your tax situation and explain how we can assist you. This no-obligation meeting allows you to assess our services before making a decision.

What You’ll Get During Your Free Consultation for Tax Return Services in Canada

Filing your taxes doesn’t have to be stressful. Let our experienced team guide you through the process, ensuring accuracy and maximizing your refund. Contact us today to schedule your free consultation