T2
Corporation income tax return
Service-area business based in Brampton • Serving clients across Canada and the USA
Corporate Tax Services
Corporate year-end support designed to organize the records, identify outstanding matters and prepare the required corporate tax filing.
Canada & USA
Tax returns we prepare
1120
C corporation income tax return
1120-S
S corporation income tax return
Applicable returns and filing requirements are confirmed during consultation.
What may be included
Service details
- Preparation of Canadian T2 and U.S. 1120 or 1120-S corporate returns, as applicable
- Preparation of tax working papers based on records supplied
- General Index of Financial Information (GIFI) reporting
- Review of shareholder loan and related-party balances
- Capital-asset and tax-depreciation schedule review
- Tax-instalment and balance-due guidance
- Salary-versus-dividend planning discussions based on available information
- Coordination of year-end information with ongoing bookkeeping records
Preparing for the engagement
Records normally requested
- Year-end trial balance or complete bookkeeping records
- Bank and credit-card statements
- Prior-year financial statements and corporate tax return
- Asset purchase and financing documents
- Payroll, GST/HST and shareholder transaction details
Document safety: Do not send sensitive records through the public enquiry form. Document-delivery instructions will be discussed after the scope is confirmed.
Questions about this service
Frequently asked questions
Do you provide corporate bookkeeping as well?
Yes. Monthly, quarterly, catch-up and year-end bookkeeping support is available as a separate or combined engagement.
Can you discuss salary versus dividends?
Yes. The discussion is based on the corporation's records and the owner's circumstances, within the agreed scope.
Are financial statements included automatically?
The exact deliverables are confirmed in the engagement scope. Corporate tax preparation does not automatically include an assurance engagement.
Next step
Discuss your needs before sending records
Use the consultation form to describe the service, deadline and current status using general information only.