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 and the Edmonton CPA page.
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 obligations most employees never meet. EverStone prepares the corporate and personal returns together, entirely remotely. A basic T1 starts at $125.
On this page
- The corporation issues the slips it will be measured against
- No withholding means the bill arrives whole
- Instalments start after the tax, not with it
- Shareholder loans have to reconcile
- Two deadlines, and the one that is not extended
- What is covered
- Remote, and there is no Edmonton office
- Key personal tax dates
- Who this is for, and who it is not
- Edmonton personal tax FAQ
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.
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 follow prior filings, and unpaid required instalments attract interest, so plan against them. See how instalments work.
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.
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 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.
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.
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 . About the firm · Send an enquiry
Key personal tax dates
| 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. General information, not advice.
In Edmonton, EverStone also works with contractors, energy services firms and restaurants.
Free tools for Edmonton businesses: 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.
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, 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, or email one question to a CPA.
Edmonton personal tax FAQ
Which slip reports an owner’s remuneration?+
Why is there a large balance owing on a dividend year?+
When do personal tax instalments begin?+
What happens to money drawn that is neither salary nor dividend?+
Does the June filing deadline extend the payment date?+
Is there an EverStone office in Edmonton?+
What does a personal tax return cost in Edmonton?+
Do you work with businesses outside Edmonton itself?+
Related services and local guides
Nearby cities, the rest of what we do for Edmonton businesses, and the reference pages behind this one.
Personal tax elsewhere in Alberta
The same service, online and at the same published fees, for owners in St. Albert, Sherwood Park, Grande Prairie and 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–$500This page
- Monthly bookkeeping, GST filing includedfrom $325 a month
- Payroll, remittances, T4s and ROEsincluded in monthly bookkeeping
- Books, payroll and the year-end T2 together$500–$700 a month
- Corporate year-end and T2 returnfixed fee, quoted in writing
- Catch-up bookkeepingfrom $2,200 per year of records
- Controller or CFO supportcontroller from $1,650, CFO from $2,750 a month
- One-off advice call with a CPA$225 plus GST
