Business Tax FAQs

For a smooth tax filing experience, gather your company’s financial records such as expense reports, payroll summaries, GST/HST details, and previous notices from the CRA. Our team at TaxLoryBiz will review these materials to prepare accurate filings that comply with Canadian regulations.

Once we receive all necessary documents, initial review typically occurs within 2–3 business days. Complete preparation and electronic submission often follow within one week, depending on the complexity of your business structure and the volume of transactions.

At TaxLoryBiz, we partner with you to review financial documentation, identify applicable deductions and credits, and guide you through federal and provincial requirements. Our advisors conduct a thorough analysis of your operating structure, help prepare and submit filings, and offer practical insights to maintain compliance throughout the year.

To make the most of your session, please collect records such as expense summaries, sales ledgers, payroll statements, prior year tax notices, and any correspondence from the Canada Revenue Agency. Having a clear set of files on hand allows our team to provide precise guidance tailored to your situation.

We begin by assessing your company’s operational framework and preferred reporting cycles. From sole proprietorships to incorporated entities, our approach is structured to match your scale and sector, ensuring that each recommendation is relevant to your goals.

Yes, our advisors have experience handling interprovincial documentation and provincial assessments. Whether you operate in Ontario, British Columbia, or elsewhere in Canada, we coordinate the necessary forms and communicate directly with each jurisdiction’s tax body on your behalf.

Appointments can be booked online via taxlorybiz.com or by calling our office. Simply select a convenient date and time slot on our booking page, and we will confirm within one business day. If you require an in-person visit, our office at 290 Bremner Blvd, Toronto, ON M5V 3L9 is open to scheduled meetings.

We implement industry-standard encryption and secure client portals to store your records. Access is strictly limited to authorized staff, and we adhere to Canadian privacy guidelines to safeguard your information at every stage of the consultation and filing workflow.

Absolutely. Our relationship extends beyond initial filing. We provide periodic check-ins to address questions, update you on regulatory changes, and assist with any supplementary documentation required by revenue authorities throughout the year.

TaxLoryBiz operates on a transparent fee model based on the complexity of your documentation and the volume of forms. Fees are determined after an initial review, and you will receive a detailed breakdown before any work begins. No surprise invoices—just clear service agreements.

Yes, our team will review any correspondence, explain its implications, and prepare a response or appeal if necessary. We serve as a liaison with CRA representatives, helping to clarify points of concern and secure timely resolutions.

Typical turnaround is between two to four weeks after the consultation, depending on document availability and complexity. We strive to meet deadlines well in advance of provincial and federal submission dates to keep you on track.