Welcome To Tax Preparation & Filing Service

Stress-Free Tax Season Starts Here

From personal income tax to business filings and GST/HST returns we make tax season smooth and hassle-free. Our experienced team ensures your returns are accurate, deductions are maximized, and CRA compliance is maintained. Let us handle the paperwork while you focus on what matters most.

What Our Tax Preparation & Filing Services Include

tax
  • Personal and business income tax preparation

  • GST/HST calculations and return filing

  • Year-end tax planning and strategy

  • Review of deductions and credits eligibility

  • Electronic filing and CRA submissions

  • Handling CRA correspondence and audits

  • Self-employed and small business tax filing

  • T4, T5, and other slip preparations

Frequently Asked Question (FAQ)

A T1 return is the personal income tax return that individuals in Canada file annually to report income, claim deductions, and determine tax refunds or amounts owed.

Anyone earning income in Canada, including employment income, rental income, or investment income, must file a T1 return. This includes both residents and non-residents with Canadian income.

Individuals are responsible for filing their own T1 returns. If an individual is deceased, the legal representative of their estate is responsible for filing their final return.

Eligibility for filing a T1 return includes:

  • Earning income in Canada from employment, self-employment, or investments.
  • Claiming deductions or credits (e.g., RRSP contributions, medical expenses).
  • Reporting capital gains or losses.
  • Non-residents with Canadian income must also file.

Taxpayers must:

  • File their T1 return accurately and on time (usually by April 30).
  • Provide complete and truthful information.
  • Retain supporting documents for at least six years in case of audit.
  • Late Filing Penalty: 5% of the balance owing, plus 1% for each month the return is late, up to 12 months.
  • Repeated Failure Penalty: If a return is late again within three years, penalties increase to 10% of the balance owing, plus 2% for each month, up to 20 months.
  • False Statements or Omissions: Penalties can range from $100 to 50% of the understated tax or overstated credit.

You need:

    • T4 or other income slips (T5, T3, etc.)
    • RRSP contribution receipts
    • Childcare expenses
    • Medical expense receipts
    • Donation receipts
    • Any other relevant tax documents

We streamline the T1 filing process using QuickBooks Online (QBO) Pro Tax. Our services include income and deduction data entry, maximizing tax credits, and securely e-filing returns.

Our T1 filing services start as low as $50. More complex returns, including those with multiple income sources or additional deductions, may cost up to $300. Contact us for a personalized quote.

A T2 return is the corporation income tax return that Canadian businesses file annually to report corporate income, deductions, and credits.

All incorporated businesses in Canada, including inactive or dormant corporations, must file a T2 return annually.

You’ll need:

  • Business Number (BN)
  • Financial statements (Income Statement and Balance Sheet)
  • Tax slips (T5, T4A, etc.)
  • Details of deductions and credits
  • Prior-year tax return (if applicable)

Our experts use QBO Pro Tax to prepare and file T2 returns. We handle data entry, ensure compliance with CRA regulations, optimize deductions, and submit the return electronically.

Our T2 filing services start at $800 for basic returns. Additional charges may apply for businesses with complex financials or extensive deductions. Contact us for a tailored quote.

Yes, we offer support for CRA audits and reassessments related to T2 returns. Contact us for more details.

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