Personal & Corporate Tax Filing
From personal T1 returns to corporate T2 filings, we handle every layer of your tax obligations with precision. We ensure your return is complete, accurate, compliant, and submitted on time — while proactive planning keeps your tax position efficient year after year.
Overview
Tax filing in Canada spans two worlds: the personal T1 return that every individual files, and the T2 corporate return that incorporated businesses file. Many owners face both — and getting each one right is what keeps your tax position efficient and your records clean.
On the personal side, we walk you through everything you need — step by step — to get the biggest refund you're entitled to, or minimize the amount you owe. We gather your slips and records together, explain what each one means, and make sure no deduction or credit gets missed along the way.
On the corporate side, the T2 return reports your company's income and claims the small business deduction, which applies a lower tax rate to active business income. Strategic planning around salary versus dividends, capital cost allowance, and retained earnings can defer or reduce tax significantly.
We prepare and file both T1 and T2 returns — ensuring every slip is captured, every eligible deduction is claimed, and the return is submitted electronically via NetFile for the fastest processing and refunds. Proactive planning keeps your tax position efficient year after year.
What's Included
Our Process
Gather Slips & Records
We collect your T4, T4A, T5, T3 slips and business records, and confirm every source of income is accounted for.
Optimize Deductions & Credits
We identify every eligible deduction — RRSP, capital gains, business expenses, and corporate strategies like salary-vs-dividend planning.
Prepare T1 or T2 Return
We prepare your personal T1 or corporate T2 return accurately, with sole proprietor income on Form T2125 where applicable.
NetFile & Deliver
We submit electronically via NetFile for fastest processing and provide you a copy of the completed return for your records.
Key Benefits
Frequently Asked Questions
Ready to Get Started?
Talk to a True Balance specialist about personal & corporate tax filing. We'll review your situation and outline clear next steps — no pressure, no judgment.
Book a Free ConsultationRelated Services
Monthly Bookkeeping Services
Ongoing transaction recording, account reconciliations, invoicing, payroll services, and comprehensive monthly reporting.
GST/HST Filing & Compliance
Timely and accurate GST/HST returns, rebate claims, and full CRA compliance support.
Catch-Up & Cleanup Bookkeeping
Fallen behind? We'll bring your books up to date efficiently and without judgement.
