Personal Tax
Exodus Accounting will help you prepare individual personal taxes for you and your family members. Taking a proactive and hands-on approach, we work closely with you to understand your specific needs and adjust our tax saving and income protection strategies accordingly. We carefully follow existing and proposed legislation to determine how it will affect your individual financial goals and provide ongoing guidance for you and your family.
We know and understand that many business and personal taxes are intertwined, and our tax professionals offer the integration of both services to help further drive efficiencies and reduce overhead. Our comprehensive range of tax services includes tax compliance, tax planning for owner-manager remuneration, and family tax minimization.
Learn MoreStep 1 - How To Get Ready For Filing Your Taxes
Find out what's new for this year in CRA website
What's new for this year
Changes to benefits, credits, and expenses for individuals and families, and updates to the current year income tax package.
Step 2 - Be Aware Of Key Dates For Taxes
Filing and payment due dates for taxes, instalment payments, and any amounts you may owe
Filing dates for 2024 taxes
February 20, 2025: Earliest day to file your taxes online
April 30, 2025: Deadline to file your taxes
June 15, 2025: Deadline to file your taxes if you or your spouse or common-law partner are self-employed
Payment date for 2024 taxes
April 30, 2025: Deadline to pay your taxes
Step 3 - Know What To Report And Claim
Report your income
What to report as income, self-employment income, foreign investment income, income from assets, or other earnings.
Claim deductions, credits, and expenses
Find and claim tax deductions and credits, and get information on tax instalments and expenses.
If you are a small business owner or self-employed
Get free tax help to better understand your tax obligations by booking a virtual visit with a Liaison Officer
Get your tax slips
Understand your tax slips such as the T4 and T4A, when you will receive them, and how to get copies
Step 4 - Keep Your Cra Information Up-To-Date
Update your CRA information
Change your address, marital status, name, or other personal information with the CRA. Register for direct deposit and keep it up-to-date to get your payments and refunds faster.
Step 5 - Ways To Do Your Taxes
You can file your taxes online or by paper, or find other options such as having someone else complete them for you. Options include:
NETFILE-certified tax software (electronic filing)
Through a tax preparer using EFILE-certified tax software (electronic filing)
Community volunteer tax clinic
Paper tax return
File my Return - Automated phone line (by invitation only)
Step 6 - File Your Tax Return
File your tax return online or mail your completed tax return to your tax centre.
Step 7 - Make A Payment Or Wait For Your Refund
Have a balance owing
Pay the taxes you owe, arrange to pay over time, or see options if you cannot pay.
Getting a refund
You will get a refund if you paid more taxes than needed
Step 8 - After You File Your Tax Return
Get your notice of assessment, find out the status of your refund, or make a change to your tax return