--- title: "Personal Tax Accountant, Edmonton | EverStone CPA" url: https://www.everstonecpa.com/personal-tax-accountant-edmonton description: "T1 preparation for Edmonton incorporated owners: T4 versus T5 slips, shareholder loans, instalment triggers and deadlines. Ask a CPA, remotely." type: service-in-a-city updated: 2026-10-02 summary: "An incorporated owner in Edmonton, Alberta reports remuneration through slips issued by their own corporation, and often owes tax with no withholding behind it. That combination produces instalment obligations most employees never meet. EverStone prepares the corporate and personal returns together, entirely remotely. A basic T1 starts at $125." faq_count: 8 publisher: EverStone CPA Inc., a Chartered Professional Accountant firm registered with CPA British Columbia and CPA Alberta service_area: British Columbia, Alberta, Ontario and Manitoba language: en-CA contact: info@everstonecpa.com · https://www.everstonecpa.com/book-online --- [Home](https://www.everstonecpa.com/) [Personal tax](https://www.everstonecpa.com/personal-taxes) Edmonton Personal tax (T1) · Edmonton # Personal tax accountant in *Edmonton* Once the remuneration decision is made, a separate set of mechanics decides what actually appears on an owner’s return, when tax has to be paid, and what the CRA will be comparing against. See [personal tax services](https://www.everstonecpa.com/personal-taxes) and the [Edmonton CPA page](https://www.everstonecpa.com/accountant-edmonton). [Get My Fixed Quote](https://www.everstonecpa.com/book-online)[Ask a Free Question](https://www.everstonecpa.com/quick-question) **Quick answer:** An incorporated owner in Edmonton, Alberta reports remuneration through slips issued by their own corporation, and often owes tax with no withholding behind it. That combination produces [instalment](https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/corporation-payments/paying-instalments.html) obligations most employees never meet. EverStone prepares the corporate and personal returns together, entirely remotely. A basic T1 starts at $125. Your own corporation files the slips you are measured against. ## The corporation issues the slips it will be measured against An owner’s return is built from slips their corporation produced: a T4 for salary, with tax withheld and remitted during the year, and a T5 for dividends, with nothing withheld. Both also go to the CRA, so the return is matched against the corporation’s own figures. Careless slips, or slips that do not tie to the corporate accounts, create a self-inflicted mismatch. See [slip filing deadlines](https://www.everstonecpa.com/blog/t4-t4a-t5-slip-filing-deadlines-canada). ## No withholding means the bill arrives whole An employee has tax deducted every pay, so the return settles a small difference. An owner paid by dividend has had nothing withheld and owes a year’s personal tax at once. The first year is a shock; the second is worse, once instalments have usually begun. The remedy is setting money aside as dividends are declared, not treating them as spendable, which requires knowing the figure in advance. ## Instalments start after the tax, not with it Personal instalments generally start once the amount owing at filing exceeds a threshold this year and in one of the two prior years. So an owner who switches to dividends owes a large first balance, then next year owes that year’s tax plus instalments toward it. [Instalment reminders](https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/corporation-payments.html) follow prior filings, and unpaid required instalments attract interest, so plan against them. See [how instalments work](https://www.everstonecpa.com/blog/corporate-tax-installments-canada). ## Shareholder loans have to reconcile Money taken from a corporation that is neither salary nor dividend generally sits in a shareholder loan account; amounts outstanding beyond a defined period can become personal income, and interest can be imputed on balances owing. An owner who draws all year and characterizes it later depends on a proper year-end reconciliation, as does the personal return, so one person should prepare both returns. See [shareholder loans](https://www.everstonecpa.com/blog/shareholder-loans-canada-taking-money-out-of-corporation). ## Two deadlines, and the one that is not extended An individual who carried on a business, or whose spouse did, generally files by mid-June, but any [balance owing](https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/corporation-payments.html) is due at the end of April, with interest from then. Owners often confuse the dates. The filing extension is real; a payment extension does not exist. See [personal tax deadlines](https://www.everstonecpa.com/cra-tax-deadlines#personal-tax-t1). ## What is covered One Chartered Professional Accountant handles the whole file: - T4 and T5 slip preparation tied to the corporate accounts - Shareholder loan reconciliation between the two returns - Instalment calculation and payment scheduling - T1 prepared alongside the federal and Alberta corporate returns - Deadline management for filing and payment separately ## Remote, and there is no Edmonton office EverStone has no Edmonton location. Engagements run entirely online — video meetings, e-signature and secure upload. See [accounting for Alberta businesses](https://www.everstonecpa.com/accountant-alberta). About this article **EverStone CPA** Prepared and reviewed by a Chartered Professional Accountant at EverStone CPA, a CPA firm working with small businesses and incorporated owners in BC, Alberta, Ontario and Manitoba. Updated September 2026 . [About the firm](https://www.everstonecpa.com/about) · [Send an enquiry](https://www.everstonecpa.com/book-online) ## Key personal tax dates Key personal tax dates The self-employed get longer to file, but not longer to pay — for a business operating in Edmonton, Alberta | Obligation | When it is due | | Filing — most individuals | April 30 | | Filing — self-employed | June 15 | | Payment — everyone, including the self-employed | April 30 | | Sales tax where you operate | 5% GST only. Alberta levies no provincial sales tax | Source: [Personal tax deadlines in detail](https://www.everstonecpa.com/cra-tax-deadlines#personal-tax-t1). General information, not advice. In Edmonton, EverStone also works with [contractors](https://www.everstonecpa.com/contractor-accountant-edmonton), [energy services firms](https://www.everstonecpa.com/energy-services-accountant-edmonton) and [restaurants](https://www.everstonecpa.com/restaurant-accountant-edmonton). Free tools for Edmonton businesses: [instalment calculator](https://www.everstonecpa.com/tax-instalment-calculator). ## Who this is for, and who it is not This fits an Edmonton owner paid by their own corporation, or anyone without tax withheld: self-employment, rentals, investments, or a year with a move or sale. A single T4 belongs in free software, and we will say so. Other files are priced from the [published fixed fees](https://www.everstonecpa.com/pricing). ## What happens when you get in touch An Edmonton file takes three steps, handled remotely, with the fee settled first. - **Thirty free minutes.** We review the slips your corporation issued, any instalments paid, and what the CRA already lists. The fee is confirmed in writing. - **Slips retrieved directly.** With [representative authorization at the CRA](https://www.everstonecpa.com/forms/aut-01), the slips on record for your SIN come to us without you hunting for them. You send only what the agency lacks. - **Explained before it is filed.** We walk you through the balance owing or refund and flag any instalment reminders you should expect next year. [Send your enquiry](https://www.everstonecpa.com/book-online), or [email one question](https://www.everstonecpa.com/quick-question) to a CPA. Common questions ## Edmonton personal tax FAQ **Which slip reports an owner’s remuneration?** Salary goes on a T4, with tax withheld through the year; dividends on a T5, with none withheld. Both are filed with the CRA, so your return is matched against the corporation’s figures. [Ask about your case →](https://www.everstonecpa.com/quick-question) **Why is there a large balance owing on a dividend year?** Nothing was withheld. An employee settles a small difference; a dividend-paid owner owes the year’s full personal tax at once. Set the tax aside as dividends are declared, not treating them as spendable. **When do personal tax instalments begin?** Generally once the amount owing at filing exceeds a threshold this year and in one of the two prior years. The lag means a first large balance, then a year owing both new tax and instalments. Missed required instalments attract interest. **What happens to money drawn that is neither salary nor dividend?** It generally goes to a shareholder loan account. Amounts outstanding beyond a defined period can become personal income and balances can carry imputed interest, so one preparer should handle both returns. **Does the June filing deadline extend the payment date?** No. An individual who carried on a business, or whose spouse did, generally has until mid-June to file, but any balance owing is still due at the end of April and interest runs from then. Conflating the two dates is one of the most common and most avoidable costs on an owner’s file. **Is there an EverStone office in Edmonton?** No. Edmonton clients are served entirely remotely by video call, e-signature and secure document upload, with the federal and Alberta corporate returns and the personal return all prepared from one set of records. **What does a personal tax return cost in Edmonton?** Edmonton businesses pay the same published fees as everyone else. A basic T1 for an Edmonton filer is from $125. With self-employment schedules, expect $275 to $500 in most cases. Whatever the figure, it is confirmed in writing first. [See the published fees](https://www.everstonecpa.com/pricing). **Do you work with businesses outside Edmonton itself?** Yes. Owners in St. Albert, Sherwood Park, Spruce Grove, Leduc and Nisku are served remotely just like Edmonton clients, using video, phone, email and a secure upload link, on the same fixed fees. ## Related services and local guides Nearby cities, the rest of what we do for Edmonton businesses, and the reference pages behind this one. [Bookkeeping for Edmonton businesses](https://www.everstonecpa.com/bookkeeping-edmonton) [Payroll services in Edmonton](https://www.everstonecpa.com/payroll-services-edmonton) [Fractional CFO support for Edmonton contractors and public-sector suppliers](https://www.everstonecpa.com/cfo-services-edmonton) [Retail accountant in Edmonton](https://www.everstonecpa.com/retail-accountant-edmonton) [Personal tax (T1) in Winnipeg](https://www.everstonecpa.com/personal-tax-accountant-winnipeg) [Personal tax (T1) in Toronto](https://www.everstonecpa.com/personal-tax-accountant-toronto) [Personal tax (T1) in Ottawa](https://www.everstonecpa.com/personal-tax-accountant-ottawa) [Corporate tax (T2) in Edmonton](https://www.everstonecpa.com/corporate-tax-accountant-edmonton) [Financial statements in Edmonton](https://www.everstonecpa.com/financial-statements-edmonton) [GST/HST filing in Edmonton](https://www.everstonecpa.com/gst-hst-filing-edmonton) [Personal tax deadlines](https://www.everstonecpa.com/cra-tax-deadlines#personal-tax-t1) [Salary vs dividends calculator Compare the two ways to pay yourself](https://www.everstonecpa.com/salary-vs-dividends-calculator) [Accountants across Alberta](https://www.everstonecpa.com/accountant-alberta) [Alberta tax facts Current rates and thresholds for Alberta](https://www.everstonecpa.com/alberta-tax-facts) ### Personal tax elsewhere in Alberta The same service, online and at the same published fees, for owners in [St. Albert](https://www.everstonecpa.com/personal-tax-accountant-st-albert), [Sherwood Park](https://www.everstonecpa.com/personal-tax-accountant-sherwood-park), [Grande Prairie](https://www.everstonecpa.com/personal-tax-accountant-grande-prairie) and [Fort McMurray](https://www.everstonecpa.com/personal-tax-accountant-fort-mcmurray). ### Starting fees Every fee is fixed in writing before any work begins. - **Personal tax return (T1)** from $125; self-employed or rental $275–$500 *This page* - **Monthly bookkeeping, GST filing included** from $325 a month - **Payroll, remittances, T4s and ROEs** included in monthly bookkeeping - **Books, payroll and the year-end T2 together** $500–$700 a month - **Corporate year-end and T2 return** fixed fee, quoted in writing - **Catch-up bookkeeping** from $2,200 per year of records - **Controller or CFO support** controller from $1,650, CFO from $2,750 a month - **One-off advice call with a CPA** $225 plus GST [Get My Fixed Quote](https://www.everstonecpa.com/book-online?service=personal#enquiry-form) --- Source: https://www.everstonecpa.com/personal-tax-accountant-edmonton Prices: https://www.everstonecpa.com/pricing · Contact: info@everstonecpa.com · https://www.everstonecpa.com/book-online