Corporate Tax Accounting and Filing Services
Trusted by Corporates in Toronto
This Service Is For You If…
- You missed a T2 deadline and CRA is charging penalties.
- You're a CCPC but not sure if you're getting the small business deduction.
- You filed your own return and got a reassessment from CRA.
- You don't know when tax installments are due or how much to pay.
Our Corporate Tax Filing Services
Everything you need to file your T2 and stay compliant, offered by our business tax accountants.
T2 Return Preparation
- T2 Corporation Income Tax Return filing
- Financial statements in GIFI format
- Schedules 100, 125, 101 and others.
Small Business Deduction
- CCPC eligibility review
- Maximize Capital Cost Allowance
- 12.2% combined rate planning (Ontario)
Instalment Management
- Monthly and quarterly instalment calculations
- Payment deadline tracking (2 or 3 months after year-end)
- Interest avoidance strategies
GST/HST Filing
- GST/HST return preparation and submission
- Input Tax Credit (ITC) claims
- Year-end liability forecasting
Need Other Business Services?
Ecommerce Accounting
Monthly bookkeeping, payout reconciliations, and tax compliance for online retailers.
Notice to Reader
Year-end financial statements prepared by a CPA for lenders and investors.
HST/GST Filing
GST/HST registration, filing, and ITC optimization to claim every dollar back.
How We Handle Your Corporate Tax Filing
From year-end to filing, here’s how we work with you.
1. Free Corporate Tax Strategy Call
We review your business structure, fiscal year-end, and tax situation
2. T2 Preparation & Filing
We prepare your financials and complete all required schedules with CRA before your deadline.
3. Year-Round Support
We track installment payments, respond to CRA notices, and represent you for FREE if you get audited.
Why Choose Our Corporate Tax Filing Services
Deadline Protection
Miss your T2 and CRA charges 5% of unpaid tax plus 1% per month. We file on time, every time.
Business Deduction Expertise
CCPCs can pay 12.2% instead of 26.5% on the first $500,000. We ensure you qualify to claim it.
Free Audit Support
If CRA audits your corporation, we represent you at no extra charge.
Our Corporate Tax Client Stories
See What Business Owners Say
Get Started Today!
Talk with our corporate tax accountants in Toronto and get your T2 filed the right way.
FAQs
Common questions about corporate tax filing for Canadian businesses.
What does a corporate tax accountant do?
A corporate tax accountant in Toronto prepares and files your T2 return, tracks deadlines, calculates installments, and makes sure you declare dividends using T5 slips and handle your payroll using T4 slips. They also represent you if CRA has questions or audits your corporation.
Do I need a CPA to file corporate taxes?
No, but it helps. CPAs are trained in tax law and CRA compliance. A corporate tax accountant who is also a CPA can catch errors, maximize deductions, and handle CRA audits if they happen.
What is the difference between an accountant and a corporate accountant?
An accountant can work on personal taxes, bookkeeping, or general financials. A corporate tax accountant focuses specifically on business tax returns, T2 filings, GST/HST, and CRA compliance for corporations.
What is the $500,000 small business limit?
CCPCs can claim the small business deduction on the first $500,000 of active business income. This lowers the combined federal and Ontario tax rate from 26.5% to 12.2%. Income above $500,000 is taxed at the general rate.
Can I file my corporate taxes myself?
You can, but mistakes lead to penalties. For tax years after 2023, electronic filing is mandatory. Our corporate tax filing services ensure your return is accurate and CRA-compliant.
What is the CRA 7 year rule?
CRA requires you to keep business records for at least 6 years from the end of the tax year they relate to. Most business accountants in Toronto recommend 7 years to be safe. If you’re missing records during an audit, CRA can deny deductions.
What is the 90% rule for CRA?
The 90% rule applies to non-residents. If you earned less than 90% of your income in Canada, CRA prorates certain non-refundable tax credits. This rule doesn’t typically apply to Canadian corporations filing T2 returns.
When is my corporate tax return due?
Your T2 is due 6 months after your fiscal year-end. If your year ends December 31, file by June 30. But tax payments are due earlier: 2 months after year-end for most corporations, 3 months for qualifying CCPCs.
What happens if I file my T2 late?
CRA charges 5% of unpaid tax plus 1% for each month you’re late, up to 12 months. If you’ve filed late before, the penalty increases to 10% plus 2% per month up to 20 months.
Do I need to file a T2 if my corporation has no income?
Yes. Every incorporated business in Canada must file a T2 every year, even with no revenue or activity. This includes dormant and inactive corporations. Not filing can trigger penalties. Consider our corporate income tax services if you want to have most of your income in your pocket.
How much do corporate tax filing services cost?
Corporate tax preparation services usually start at $3,000. Book a free call for exact pricing.
Do I need a corporate tax accountant near me?
No. Corporate tax filing is done online. We’re based in Toronto’s Financial District, minutes from Union Station, but we serve businesses across Ontario.
