SMART TAX& ACCOUNTING

Corporate tax

T2 return with schedules and year-end adjustments for your corporation, plus planning for salary, dividends and instalments.

What's included

  • Corporate income tax returns (T2)
  • Financial statement preparation
  • Corporate year-end accounting
  • General ledger and account reconciliation
  • Corporate tax planning and advisory
  • Shareholder loan reconciliation
  • Dividend and salary planning
  • Corporate tax amendments
  • Tax compliance and CRA correspondence
  • Inactive and newly incorporated companies

Key dates

  • Six months after your year-end: T2 return due (for a December 31 year-end, June 30, 2027)
  • Two or three months after year-end: balance of tax due (three months for most small Canadian-controlled private corporations)
  • Most corporations must file the T2 electronically

Why it matters

  • The small business deduction lowers the tax rate on active business income, but only when the return is filed correctly.
  • Late filing costs 5% of the unpaid tax plus 1% a month, and interest is charged daily on late payments.
  • Clean, on-time returns make bank loans, leases and government programs much easier to get.

Other services

Contact us

Call, write or message us in English, Russian or Uzbek.

Phone, WhatsApp, Telegram
+1 437 983 4010
Email
taxsmartcga@gmail.com
Office
11 Suraty Avenue, Scarborough, ON M1P 4C9