Personal Tax
Why John K. Jang CPA?
- Maximize your tax refund through expert preparation
- Minimize errors that could trigger CRA audits
- Access year-round tax support and expert advice
Comprehensive Personal Tax Solutions
Our personal tax services are designed to simplify the tax filing process while ensuring you take advantage of all available deductions and credits to minimize your tax liability and maximize your returns.
At John K. Jang CPA, we’re committed to providing exceptional personal tax services backed by over 25 years of experience. Our team stays current with all tax laws and regulations to ensure you receive the most accurate and advantageous tax preparation available.
We understand that every client’s financial situation is unique, which is why we take the time to develop personalized tax strategies that align with your specific goals and circumstances.
“Our goal is to provide peace of mind and financial clarity through expert tax services that go beyond basic compliance.”
What We Can Do for You
Expert Tax Return Preparation
Accurate preparation and filing of federal and provincial income tax returns tailored to your unique financial situation.
Identification and application of all eligible tax credits to reduce your tax liability and increase refunds.
Strategic Tax Planning
Personalized tax planning strategies to minimize your tax burden and maximize savings throughout the year.
Specialized advice for handling taxes on investments, capital gains, dividends, and foreign income.
CRA Audit Support
Professional representation and assistance with CRA audits, tax disputes, and resolution of tax problems.
Why Choose Our Personal Tax Services
Timely Filing
We ensure all your tax returns are filed accurately and on time to avoid penalties and interest
Tax Optimization
We identify all eligible deductions and credits to legally minimize your tax liability
Time Savings
Let our experts handle the complexity while you focus on what matters most to you
Expert Guidance
Receive professional, personalized advice for your tax decisions year-round
Don't hesitate to reach out for a free consultation.
Frequently Asked Questions
When should I start preparing for my tax return?
It’s best to start preparing for your tax return well before the filing deadline.
We recommend gathering your documents and information by February to allow sufficient time for proper preparation. Year-round tax planning is even more beneficial, as some strategies need to be implemented before December 31st to be effective for the current tax year.
What documents do I need to prepare my personal tax return?
You’ll need to gather all income slips (T4, T4A, T5, etc.), receipts for deductible expenses (charitable donations, medical expenses, childcare costs), RRSP contribution receipts, information about property sales or purchases, investment statements, and last year’s tax return.
If you have self-employment income, you’ll also need detailed records of your business income and expenses.
How can I maximize my tax refund?
To maximize your refund, ensure you’re claiming all eligible deductions and credits, such as RRSP contributions, medical expenses, charitable donations, eligible dependent credits, and education-related credits.
Timing certain expenses strategically and splitting income with family members where appropriate can also help.
Working with a professional tax preparer is often the best way to identify all opportunities for tax savings.
What happens if I make a mistake on my tax return?
If you discover an error after filing your tax return, you can request an adjustment by filing a T1 Adjustment Request (T1-ADJ) or by using the CRA’s My Account online service.
If the CRA discovers the error, they may reassess your return and either issue a refund or request additional payment. In some cases, penalties and interest may apply for errors that result in underpayment.
How long should I keep my tax records?
The CRA requires that you keep all supporting documents for six years from the end of the tax year to which they relate.
However, some records, such as those related to property, investments, or business assets, should be kept indefinitely or until several years after the asset is sold, as they’re needed to calculate capital gains or losses.