:: Receive Your Refund In 8 Business Days         :: Individual Income Tax Filing Starting $85

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Richmond Hill Tax Return Filing

Budget Accounting is the solution to your accounting, bookkeeping, and tax planning needs.

Our firm, with over 20 years’ experience, is specialized in accounting, bookkeeping, tax filing, business advisory, and business valuation in the greater Toronto area. As our client’s goal is our priority, we ensure that you will receive the best advice in each area in order to grow and reach greater profitability.

We actively work with our clients with small and medium-sized businesses to develop and maximize their potentials.

Do you have to file a tax return?

You must file a return for 2021 if any of the following situations apply:

  • You have to pay tax for 2021.
  • Canada Revenue Agency has sent you a request to file a return.
  • You and your spouse or common-law partner elected to split pension income for 2021.
  • You received Working Income Tax Benefit (WITB) advance payments in 2021.
  • You disposed of capital property in 2021 (for example, if you sold real estate or shares) or you realized a taxable capital gain (for example, if a mutual fund or trust attributed amounts to you, or you are reporting a capital gains reserve you claimed on your 2021 return).
  • You have to repay any of your Old Age Security or Employment Insurance benefits.
  • You have not repaid all amounts withdrawn from your registered retirement savings plan (RRSP) under the Home Buyers' Plan or the Lifelong Learning Plan.
  • You have to contribute to the Canada Pension Plan (CPP). This can apply if, for 2021, the total of your net self-employment income and pensionable employment income is more than $3,500.
  • You are paying Employment Insurance premiums on self-employment and other eligible earnings.
tax return filing

Individual Income Tax preparation

Are you looking for help with your taxes? Budget Accounting will provide you a safe, comforting and professional experience for individuals seeking professional income tax preparation. Let our tax professionals assistance you in meeting your income tax preparation needs. So whether you’re new or old at the tax game we have what you’re looking for when it comes to preparing and filing your income tax returns.

We can assist you in following areas:

  • Personal tax planning
  • Personal tax return preparation
  • Estate planning
  • Family wealth management
Tax Return Filing Deadline for Personal (Individual) Income Tax:
your tax return for the year 2021 has to be filed on or before May 2, 2022.


Small Business Tax Preparation

We understand all the challenges you may face to run, operate, and maintain a small business.
Budget Accounting’s experienced Tax Professionals have the knowledge and experience to complete, and file your income tax return. We continuously prepare income tax returns for:

  • Sole proprietorships
  • Small Business Owners
  • Rental Property Owners
  • Partnerships
  • Self-employed Individuals
  • Commission-only Salespersons

Corporation Income Tax Preparation

Our team will offer you the best corporation income tax preparation experience in:

  • Strategic tax planning
  • Corporate tax return preparation
  • Capital/payroll/commodity tax compliance
  • Transactional service (purchase or sale of a business)
  • Succession planning

Our up to date tax professionals, by considering the new changes in taxation legislation, will help you to take the best course of action concerning corporate income taxes. With our extensive knowledge and understanding of tax accounting, we are able to tailor solutions that will satisfy your corporate income tax needs.