Tax Balance
Accurately calculate interest and penalties on a wide range of Canadian tax forms for individuals, corporations, trusts, and partnerships
Why Tax Balance?
Designed for lawyers, accountants, and taxpayers
Reliable results
Intuitive interface
Seamless sharing
Efficient
Up to date
Secure data
Available forms
- T1 Income Tax and Benefit Return
- T2 Corporate Income Tax
- GST/HST Return (annual)
- GST / HST Return (monthly / weekly)
- T1134 Information Return Relating To Controlled and Non-Controlled Foreign Affiliates
- T1135 Foreign Income Verification Statement
- T1141 Information Return in Respect of Contributions to Non-Resident Trusts, Arrangements or Entities
- T1142 Information Return in Respect of Distributions from and Indebtedness to a Non-Resident Trust
- T106 Information Return of Non-Arm's Length Transactions with Non-Residents
- AT1 Alberta Corporate Income Tax Return (coming soon)
- Instalments only (coming soon)
Frequently Asked Questions
What periods are supported?
Tax Balance supports calculations as far back as 2015, as well as future periods.
Can I share files/results?
Tax Balance files can be shared directly with other users. Flexible permissions allow you to define full or read-only access.
Calculation results are easily shared by email, with clear sentences ready to paste in an email or memo.
Do you support installments?
Tax Balance supports installment interest and penalty calculations where applicable, such as the T1, T2, and GST/HST (annual).
Do you support voluntary disclosures (VDP)?
Tax Balance includes flexibility to adjust the applicable interest and penalty percentages for each form, making it suitable for VDP and other relief scenarios.
Are the calculations correct?
Tax Balance applies current legislation and administrative policies to ensure each calculation reflects Canadian tax rules. Our calculations are widely used and reviewed by top lawyers and accountants.
Is my data secure?
Logins require the use of multifactor authentication or an externally-managed account (Google/Microsoft/Apple).
Your information is protected in transit and in storage using industry-standard encryption and stored on servers in Canada. Access controls and privacy safeguards are built into every level of the platform.
Can I export calculations?
Tax Balance allows you to download completed calculations in Microsoft Excel™ format for your archives or other offline needs.
What if my form isn’t supported?
Tax Balance continues to add additional forms based on user requests. You can let us know what forms you want in the Tax Balance chatbot.
Is there anything to install?
Tax Balance runs directly in your web browser and doesn’t require any programs or permissions.
About us
About us
Tax Balance is developed by Tax Templates Inc. (TTI), a Canadian firm specializing in integrated tax and financial modelling solutions. Led by Jay Goodis, a recognized Canadian tax expert, TTI builds trusted tools for accounting and legal professionals, grounded in real expertise and a commitment to accuracy and reliability.
