Early Bird 25% Discount! Pre-Book your 2024 T1 Tax Return by Feb. 28 to Qualify*

We are able to prepare and file the T2 Corporation Income Tax Return or T2-Short Return (with accompanying schedules) for Canadian Resident *Corporations. We can also get you caught up on past due filings if/once your bookkeeping for the period is in order.

*If your business has a substantial amount of investments or foreign income, it is more appropriate to have your taxes prepared by an Accountant.

Self-Employed individuals or Sole Proprietors that have not registered as a corporation must claim all business revenue and expenses on their T1 Individual Tax Return, along with a T2125 Statement of Business or Professional Activities. The T2125 is similar to a T2 Corporation return but is filed with your T1 Income Tax and Benefit Return. If you are self-employed, your filing deadline is June 15th, but payment of any taxes due is still April 30th. We can assist with tax estimates.

We can prepare and e-file your T1 Income Tax and Benefit Return for residents/deemed residents. If you are unsure, you can determine your residency status by visiting the CRA website. Have you put off filing your income taxes for prior years? We can get you all caught up and squared away with the CRA. If you have past due taxes payable, you will likely be assessed late filing penalties and/or interest. If you can't pay them now, you should be able to make arrangements for a payment plan.

If you are an individual, corporation, or partnership that owns(-ed) specified foreign property with an aggregate cost of more than $100K at anytime during the year, you are required to file a T1135 Foreign Income Verification Statement. If you are not sure whether you are required to file, please do your due diligence to determine if you must file. T1135s are due at the same time as your tax return with no extensions and there are extreme penalties for not filing on time.

Individuals or partners that own and rent real estate or other property will need to complete a T776 Statement of Real Estate Rentals to determine their gross rental income, allowable deductions, and your net rental income (or loss) for the year prior. If this form applies to you, we will get the details of your rental property(s) and prepare it along with your T1. Pricing is dependent upon the number of properties rented.

If you have realized any gains or losses related to disposition of different types of capital property, you will need to complete Schedule 3 Capital Gains (or Losses) and file it with your tax return. We will calculate and report your gains or losses on Schedule 3 so that you have the correct input date for line 12700 of your return, or if we are filing your return, we will include the information for you.