Filing your tax return accurately and on time is essential for compliance with the Canada Revenue Agency (CRA) and to maximize potential refunds and benefits. Understanding the tax return process can help you navigate it more effectively.
In Canada, the tax system operates on a self-assessment basis, meaning individuals are responsible for reporting their income and calculating any taxes owed. The standard deadline for filing personal income tax returns is April 30th of the following year. For self-employed individuals and their spouses or common-law partners, the deadline is extended to June 15th; however, any balance owing is still due by April 30th.
Navigating the complexities of the Canadian tax system can be challenging. Here’s why our services stand out:
Our team is well-versed in the latest tax laws and regulations, ensuring your return is accurate and optimized for potential savings.
We tailor our approach to meet your unique financial situation, maximizing deductions and credits applicable to you.
With options to file in-person, drop off documents, or utilize our secure online platform, we make tax filing as seamless as possible.
Take the first step toward tax return services. Schedule your free consultation today and let our experts guide you through the best tax return services for your business.
We offer a comprehensive suite of services to meet your tax filing needs:
Accurate preparation of T1 returns, ensuring all income sources and deductions are accounted for.
Accurate preparation of T1 returns, ensuring all income sources and deductions are accounted for.
Specialized services for freelancers, contractors, and small business owners, including GST/HST filings.
Specialized services for freelancers, contractors, and small business owners, including GST/HST filings.
Expertise in reporting rental properties and investment portfolios to optimize tax outcomes.
Expertise in reporting rental properties and investment portfolios to optimize tax outcomes.
We minimize errors that could lead to audits or penalties.
We handle the complexities, allowing you to focus on what matters most to you.
Choosing our services provides several advantages:
Our thorough approach ensures you receive all deductions and credits you’re entitled to.
We discuss your financial situation and gather necessary documents.
Our experts review your information to identify applicable deductions and credits.
We prepare your tax return using certified software, ensuring compliance with CRA guidelines.
You review the prepared return for accuracy and completeness.
Upon your approval, we file your return electronically for faster processing and refunds.
We’re proud to have earned the trust and loyalty of businesses across Canada. From startups to established enterprises, our clients consistently praise our expertise, professionalism, and commitment to their success. Here’s what they have to say about their experience with MB Accounting.
We specialize in all types of tax returns, including:
✅ Personal tax returns (T1)
✅ Self-employed and freelance tax returns
✅ Corporate tax returns (T2)
✅ Rental income tax returns
✅ Tax returns for newcomers to Canada
✅ Non-resident tax returns
Our experts ensure you claim all eligible deductions and credits, such as:
💰 RRSP contributions
🏠 Home office expenses (for self-employed & remote workers)
👶 Childcare expenses
🚑 Medical expenses
🎓 Tuition and education credits
💼 Business expenses (for freelancers and self-employed workers)
Yes! We use CRA-approved electronic filing (EFILE & NETFILE) to ensure faster processing and quicker refunds.
To file your taxes accurately, you should provide:
✔ T4 slips (Employment income)
✔ T4A/T5 slips (Other income, investments, or self-employed commissions)
✔ RRSP contribution receipts
✔ Medical expenses, tuition, and childcare receipts
✔ Business/self-employment income & expenses
✔ Rental property income & expenses
MB Accounting provides a personalized checklist to help you gather all required documents.
Yes! If you owe a tax balance, we can:
📌 Negotiate a payment plan with the CRA
📌 Reduce penalties and interest where possible
📌 Offer tax planning to reduce future tax liabilities
If an error is found after filing, MB Accounting can file a correction using the CRA’s T1 Adjustment Request.
We ensure the mistake is fixed without triggering unnecessary audits or penalties.
The CRA requires taxpayers to keep tax records for at least six years.
You can book a Free Consultation by:
Telephone: +1 (647) 956-0894
Email Us: sales@mbaccounting.ca
Website: https://mbaccounting.ca
Our experts ensure accurate filing, compliance, and maximum tax refunds while making tax season stress-free for you.
At MB Accounting, we provide expert Tax Return Services in Canada for individuals, businesses, and self-employed professionals. Below are the top 10 FAQs about filing tax returns and how MB Accounting can assist you.
We’re here to help! Reach out to our team for personalized support and answers to any additional questions you may have. Contact us today to get started!
We offer a complimentary consultation to understand your tax situation and explain how we can assist you. This no-obligation meeting allows you to assess our services before making a decision.
Filing your taxes doesn’t have to be stressful. Let our experienced team guide you through the process, ensuring accuracy and maximizing your refund. Contact us today to schedule your free consultation
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