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Corporate Tax Returns

Tired of stressing over corporate taxes?
I get it—tax season can feel like a never-ending maze of forms, deadlines, and penalties. But here’s the good news: you don’t have to do it alone.

I make corporate tax filing simple, compliant, and tailored to your business needs.

What You Need to Know About Corporate Tax Returns

If you’re running a corporation in Canada, filing a corporate income tax (T2) return is mandatory—even if you didn’t make a dime.
This applies to:

  • Non-profit organizations
  • Tax-exempt corporations
  • Inactive businesses

Here’s the catch:
You’ve got six months after your fiscal year ends to file. But if you owe taxes? Those payments are due within three months to avoid penalties and interest.

For example:
If your fiscal year ends on December 31, you must file your return by June 30, but any taxes owed are due by March 31.

Why Work With Me?

I don’t just file taxes—I help you save money while staying 100% compliant with CRA rules.

Here’s what I’ll do for you:

  • Filing Your Corporate Income Tax Return (T2): Accurate, on-time, no guesswork.
  • Translating Financials: Converting your accounting reports into General Index of Financial Information (GIFI)—exactly what the CRA needs.
  • Tax Planning: I’ll ensure your business stays within the Small Business Deduction Limit and properly handles losses to minimize your tax liability.
  • Nil Returns: Got a dormant or inactive corporation? I’ll handle it.

How I Make Your Life Easier

Filing taxes isn’t just about avoiding penalties; it’s about protecting your business and maximizing opportunities. Here’s how I help:

  • No Missed Deadlines: Your filings are done on time, every time.
  • Tailored Strategies: Every business is different, and I build tax plans that work specifically for yours.
  • Compliance Confidence: You won’t lose sleep worrying about CRA audits.
  • Cost Savings: My proactive approach identifies ways to lower your corporate tax payable.

FAQs

1. Do all corporations have to file a tax return, even if they made no income?
Yes! CRA requires all resident corporations—active or inactive—to file a return.

2. What happens if I miss my filing deadline?
Late filings can lead to penalties and interest on unpaid taxes. Let’s avoid that together.

3. What is a GIFI, and why does it matter?
The General Index of Financial Information (GIFI) is how the CRA wants your financials reported. I’ll make sure it’s done right.

4. Can you help with tax planning?
Absolutely. I’ll create strategies to keep your tax bill as low as possible while staying compliant.

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