Corporate tax return filing in the GTA
We handle it all for you
Running a business is hard enough. Let us handle your corporate tax return requirements so you can focus on what you do best.
Who this is for
I own a small corporation
I incorporated my business but I'm not sure what I need to file every year.
Single-employee corporation
It's just me — I pay myself a salary or dividends and need help with the paperwork.
Low or no activity
My corporation did nothing this year. Do I still need to file? Yes — and we can help.
What I do for you
Prepare your T2 return
We complete and file your corporate tax return with the CRA, accurately and on time.
Calculate what you owe
We figure out exactly how much tax your corporation owes — no surprises.
Financial statements
We prepare the required GIFI financial statements the CRA needs with your return.
Salary vs dividends advice
We help you decide the most tax-efficient way to pay yourself.
CRA communication
We deal with the CRA on your behalf if they have questions about your return.
Compliance check
We make sure your corporation meets all CRA and Ontario requirements.
What you need to bring
Your business info
- Business Number (BN) from the CRA
- Company name and address
- Names of all shareholders and directors
Your income
- Total sales or revenue for the year
- Any other income — interest, dividends, rent
- Bank statements
Your expenses
- Receipts for business expenses
- Rent, utilities, phone and internet bills
- Payroll records if you have employees
Last year
- Previous year's tax return, if available
- Last Notice of Assessment from the CRA
How much does it cost?
Low activity or no activity corporation
$399
Low or no activity this year? We still file your T2 return to keep you compliant with the CRA.
Active corporation
From $599
Operating business with income and expenses? We handle everything from start to finish.
See the full breakdown on the pricing page, or ask during your free consultation.
Trusted corporate tax preparation across the Greater Toronto Area
Corporate tax compliance is a genuine headache for small business owners and single-employee corporations. We take the guesswork out of your annual filings with clear flat-rate pricing and reliable support. Based in Richmond Hill, we specialise in accurate corporate return preparation designed to maximise your deductions while keeping the business fully compliant with the CRA.
We serve local businesses, small corporations and startups across the GTA — Richmond Hill, Vaughan, Markham, Toronto, Mississauga and surrounding communities — handling the end-to-end work: T2 filing, calculating precise tax liabilities, preparing standard GIFI financial statements, and coordinating directly with the CRA.
Whether your corporation was highly active this year or had no activity at all, you still carry a legal obligation to file. Let us manage the requirement from start to finish so your energy goes into growing the business.
Corporate income tax FAQ
When is my T2 due?
The return is due six months after your fiscal year-end. Any balance is generally due two or three months after year-end depending on whether you qualify for the small-business extension — so the payment deadline usually arrives before the filing one.
Should I pay myself salary or dividends?
It depends on your income needs, RRSP room, CPP preference and the corporation’s income level. It is one of the highest-value conversations to have before year-end rather than after.
Do I need audited financial statements?
Most owner-managed corporations do not. Compiled or reviewed statements are typically sufficient for the CRA and for most lenders.
What is a T2 corporate tax return?
The T2 is the return every incorporated business in Canada must file annually with the CRA. Even if your small corporation was inactive or made no money this fiscal year, you are still legally required to file one to remain in good standing.
Do I still have to file if the corporation had no activity?
Yes. A T2 is required for every fiscal year the corporation exists, including dormant years. Not filing accrues penalties on a return that would have shown nothing owing — which is why the low-activity price exists.
Should I pay myself salary or dividends?
It depends on your income level, whether you want RRSP room and CPP entitlement, and the corporation's own tax position. Salary is deductible to the corporation and creates RRSP room but brings payroll obligations; dividends do neither but are administratively simpler. There is rarely a universally right answer — there is a right answer for your situation, and it is worth recalculating each year.
Let's sort this out properly
Book a free consultation and I'll tell you exactly what your situation needs.