Tax preparation support

Preparation here, filing through a Canada-resident adviser

Finbryn provides preparation support for Canadian tax returns. We do not sign or transmit a T1 or T2 return ourselves. The Canada Revenue Agency's EFILE program only accepts transmissions from a Canadian-resident registrant who holds a valid SIN, so every T1 or T2 return we prepare is reviewed and filed through your appointed Canada-resident adviser or EFILE registrant before it reaches the CRA. GST/HST returns follow a different path: they are filed under your own CRA business number, by you or a representative you authorize.

Built from books that already tie out

Most of a Canadian return starts with numbers your monthly close already produced: categorized transactions, reconciled bank and credit card accounts, a trial balance that closes cleanly. Our accounting team does your bookkeeping and your tax workpapers, so the return is built from figures that already reconcile, rather than a preparer rebuilding a year of history in April.

What we cover

Personal income tax preparation (T1), corporate income tax preparation (T2), GST/HST return preparation, corporate installment tracking against the small business rate, and year-round tax planning ahead of filing season. We track the deadlines that matter: a T2 return is due 6 months after year-end, with the balance of tax owing generally due 2-3 months after year-end depending on whether the corporation is an eligible CCPC claiming the small business deduction. A December 31 fiscal year for a self-employed individual carries a June 15 filing deadline each year, with any balance owing still due by April 30.

GST/HST, handled the way CRA expects

If your business exceeds the small supplier threshold of C$30,000 in taxable supplies over a quarter and the trailing four quarters, CRA gives you 29 days to register and requires you to charge GST/HST from that effective date, including on the sale that pushed you over. We prepare the return and reconcile the GST/HST payable account; you or your registered representative files it under your own business number.

Reviewed before it reaches you

Northlane Solutions Inc. is the company you contract with, and every draft return, workpaper and GST/HST return preparation package is reviewed by a senior reviewer before it leaves our hands.

How a filing season runs

We build workpapers from your reconciled books throughout the year, so nothing is rebuilt from scratch at deadline time. Before your T1 or T2 is due, we send a draft return and a plain-English summary memo, then route it to your appointed Canada-resident adviser for review, signature and EFILE transmission. You keep a copy of everything, and you keep the QuickBooks Online or Xero file the return was built from.