Answers to the questions we hear most
Canadian tax and bookkeeping, in plain language. If yours isn't here, just ask — we're glad to help.
For most individuals, the T1 personal return is due April 30. If you or your spouse are self-employed, the filing deadline is June 15, though any balance owing is still due by April 30. We help you file well ahead of either date.
Your prior-year notice of assessment, all income slips (T4, T4A, T5, T3, etc.), receipts for deductions and credits (RRSP, medical, donations, tuition, child care), and details of any major life changes that year. Not sure? Send what you have and we'll tell you what's missing.
Yes. We prepare T2 corporate returns, handle year-end, and advise on owner-manager compensation, GST/PST, and payroll — whether you're a sole proprietor or an incorporated company.
Generally you must register for GST once your business passes $30,000 in revenue over four consecutive quarters; BC PST rules differ by what you sell. We'll review your situation, register you correctly, and keep your returns on schedule.
Absolutely. We respond to CRA review letters and represent you through audits — gathering documentation, communicating on your behalf, and keeping the process as painless as possible.
Both. Many clients work with us entirely online with secure document sharing, while others prefer to meet at our Surrey office. Whatever's easiest for you.
Often, yes. Even with zero income, filing keeps you eligible for benefits and credits like the GST/HST credit, the Canada Child Benefit, and provincial credits — and it keeps your CRA account current. If you're unsure, we'll confirm whether filing makes sense for your situation.
CRA My Account is where you see your balances, notices, and benefit payments. We can walk you through registering and verifying your identity, then show you how to pay — through your bank's online bill-pay (add "CRA" as a payee), CRA's My Payment service, or pre-authorized debit. It's easier than it looks, and we're glad to guide you.
A corporation's T2 return must be filed within six months of its fiscal year-end. Any balance owing is due earlier — generally within three months of year-end for eligible Canadian-controlled private corporations, and two months otherwise. We track both dates so you avoid interest and penalties.
Not always. Incorporating can offer tax deferral, liability protection, and income-splitting opportunities, but it also adds cost and paperwork. For many sole proprietors it isn't worth it until profits grow. We'll review your numbers and give you a straight answer on whether incorporating actually benefits you.
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