Personal Income Tax Services

Save your time and money with Our expert Personal Income Tax services.

Kennedy Tax and Accounting Inc. provide the best personal income tax services in Canada with the highest refunds, accuracy, and confidentiality! 

 

We prepare and electronically file your personal income tax returns to ensure you receive the most tax benefits.

 

We have been offering personal tax services for over ten years while upholding our clients’ trust and professionalism.

 

 

We offer free after-tax return services all year long to our esteemed customers.

Our prices are very reasonable, while never compromising on quality.

Kennedy Tax & Accounting Inc. providing personal income tax services

What Is Personal income Tax?

The income tax system in Canada operates under a two-tiered structure, with the federal government setting out the fundamental regulations for income tax, while the territories hold the power to levy their own taxes alongside the federal tax. As the enforcer of tax legislation, the Canada Revenue Agency (CRA) is responsible for collecting taxes.

 

Each year, without exception, every Canadian resident is required to submit an income tax return, in which they must declare their worldwide income. The applicable tax rate and threshold for Canadian income tax are determined based on an individual’s income level and the province of residence. 

 

It’s important to note that different provinces may have varying tax rates and thresholds, making it crucial to consider these differences when preparing to file your taxes.

What is a personal tax service ?

Personal tax services can encompass a range of offerings, such as aiding with the preparation and filing of tax returns, tax planning to optimize financial outcomes, and provision of tax advice. Moreover, these services may prove beneficial to Canadians by offering guidance on complying with tax laws, mitigating the likelihood of penalties for non-compliance, identifying and maximizing deductions and credits to minimize tax liability, and addressing complicated tax-related matters.

personal income tax preparation in Kennedy tax and accounting Inc.

why should i hire a personal income tax service ?

personal income tax services

Hiring a tax accountant can prove to be an excellent decision for effectively managing your finances and minimizing your tax liability. With their specialized knowledge of tax laws and regulations, a tax accountant can provide valuable support in several areas, such as tax planning, preparation, and compliance.

 

Furthermore, in addition to offering guidance on how to capitalize on new tax credits and plan for the long-term, a tax accountant can conduct an in-depth analysis of how your financial decisions might impact your taxes. In fact, they can offer insightful recommendations on actions to take at the outset of a fiscal year.

 

By partnering with a personal tax accountant, you can ensure that you stay fully compliant with tax laws and regulations while maximizing your tax benefits. Not only that, but they can also provide you with peace of mind and assist you in achieving your financial objectives.

Therefore, if you’re looking for a trusted professional to guide you through the complexities of tax laws, then consider hiring a tax accountant. With their expertise and experience, you can be confident that you are receiving the best possible support for your tax-related needs.

For More documentation on Income taxes, Please visit the Official website of Canadian Taxes. 

Our Personal Tax Service Includes:

  • Electronically income tax filing, E-file.
  • Instant tax refunds.
  • Personal tax returns preparation.
  • Students and all-age-group tax services.
  • Income Tax adjustment (T-1 adjustment) returns.
  • Income Tax planning advisory services.
  • Multiyear tax returns ( up to 10 years).
  • Additional personal tax-related services.
 
 

Price Plans

Our services start as low as (+HST):

Basic

Start From

$49.99


For Basic Plans

Advanced

Start From

$99.99


For Students & Everyone

Premium

Start From

$149.99


For Large Quantity of Transactions

Benefits of Personal Tax Services

Personal tax services can help people in many ways. Some benefits include:

 

 

  • Accurate and timely tax returns: Professional tax preparers have the knowledge and experience to ensure that tax returns are accurate and filed on time, helping to avoid penalties and interest charges.
 
  • Compliance with tax laws: Personal tax services can help individuals to understand and comply with tax laws and regulations, reducing the risk of penalties for non-compliance.
 
  • Peace of mind: Knowing that your taxes are being handled by a professional can provide peace of mind and the ability to focus on other important matters.
 
  • Identifying potential issues: Personal tax services can help you identify potential issues that could lead to an audit or an investigation by the tax authorities.
 

As previously mentioned, tax services offer numerous advantages to individuals with respect to their income tax returns. Given the constantly evolving tax laws and regulations, it is essential for individuals to seek the assistance of personal tax services to ensure compliance and minimize their tax liability.

Engaging a personal tax accountant can be an invaluable resource in managing your finances and decreasing your tax liability

Why Choose Kennedy Tax and Accounting Inc?

Professional Tax Planning for All Your Financial Needs.

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