Corporate Tax
Corporate Tax Accountant
in Canada
Accurate T2 corporate tax filing for small and medium-sized businesses across Canada. We handle your corporate return properly and keep you informed about deadlines and CRA requirements.
Corporate Tax Filing Services for Canadian Businesses
Running a business in Canada comes with a long list of responsibilities. Corporate tax filing is one of the most important ones, and also one of the easiest to get wrong. A missed deadline, an incorrectly claimed deduction, or a reporting error can trigger a CRA review that takes months to resolve. At Taxwala, we take corporate tax off your plate entirely.
We work with incorporated businesses of all sizes, from newly registered startups to established small and medium enterprises. Our team handles your T2 corporate return from start to finish, making sure every eligible deduction is claimed, every number is accurate, and your filing lands with the CRA on time. You focus on running your business. We handle the tax side.
Service For
Who This Service Is For
Our corporate tax service is built for Canadian business owners who want their T2 return handled correctly without having to manage the details themselves.
Newly Incorporated Businesses
Just incorporated your business? The first few years of corporate tax filing set the tone for your relationship with the CRA. We make sure your initial returns are filed correctly, your corporate structure is documented properly, and you're not missing any deductions that new businesses commonly overlook.
Small and Medium Enterprises
Whether your business has been operating for two years or twenty, corporate tax gets more complex as you grow. Multiple revenue streams, payroll, equipment purchases, business expenses, and shareholder considerations all need to be handled carefully. We manage it all.
Holding Companies
Holding companies have specific tax rules around investment income, inter-company dividends, and capital gains. We understand how these structures work and file accordingly to keep your corporate group compliant.
Professional Corporations
Doctors, lawyers, consultants, and other professionals who have incorporated need specialized tax handling. We work with professional corporations regularly and understand the unique filing requirements that come with them.
Family-Owned Businesses
Family businesses often have a mix of corporate and personal tax considerations. Income splitting, shareholder loans, and dividends all need to be structured properly. We look at the full picture and make sure both the corporate and personal sides are optimized.
Businesses Behind on Filings
If your corporate returns are overdue, the sooner you get them filed the better. Late T2 returns attract penalties that compound over time. We help businesses get caught up quickly and put a plan in place to stay on track going forward.
Service Features
What's Included in Our Corporate Tax Service
Full T2 corporate income tax return preparation and filing
Review and optimization of all eligible business deductions
Capital cost allowance (CCA) calculations for business assets
Shareholder loan reconciliation and documentation
Corporate tax instalment planning and scheduling
GST/HST reconciliation with corporate financials
Prior year corporate return review where needed
Direct electronic filing with the CRA
Year-round support for corporate tax questions
Our Process
How Corporate Tax Filing Works at Taxwala
01
Free Consultation
We start with a conversation about your business. What you do, how you’re structured, what your fiscal year looks like, and what issues or questions you’ve been dealing with. No charge, no obligation.
02
Document Collection
We send you a secure upload link and a clear checklist of what we need. Financial statements, bank statements, receipts for major expenses, previous returns if you have them. We make it straightforward.
03
Tax
Preparation
Our team reviews your financials carefully, identifies every deduction your corporation qualifies for, and prepares your T2 return. We walk you through it before anything gets filed.
04
CRA
Filing
We file your T2 return electronically with the CRA. You get confirmation once it’s submitted, and we let you know when to expect your Notice of Assessment.
05
Ongoing
Support
Corporate tax is not just a once-a-year thing. Instalments, HST filings, year-end planning, and CRA correspondence all come up throughout the year. We’re available whenever you need us.
Corporate Tax Compliance in Canada
The CRA has specific requirements for corporate tax filings and they take compliance seriously. T2 returns are due six months after your fiscal year end, and any balance owing is due within two months or three months depending on your corporation’s eligibility for the small business deduction. Missing these dates results in interest and penalties that add up fast.
At Taxwala, we track your deadlines and make sure nothing gets missed. We also stay current on all CRA rule changes, budget updates, and new credits that apply to Canadian corporations. That knowledge translates directly into better outcomes for your business, whether that means a lower tax bill, a cleaner audit trail, or just the peace of mind that comes from knowing your filings are in good hands.
faq
Common Questions About Corporate
Tax Filing in Canada
When is the corporate tax return due in Canada?
Your T2 return is due six months after your corporation’s fiscal year end. So if your year end is December 31, your return is due by June 30. However, any corporate tax balance you owe is due within two months of your year end, or three months if your corporation qualifies for the small business deduction.
What is the small business tax rate in Canada?
Canadian-controlled private corporations (CCPCs) that qualify for the small business deduction pay a combined federal and provincial tax rate that is significantly lower than the general corporate rate. The exact rate varies by province. We calculate your applicable rate as part of your T2 preparation and make sure you’re taking full advantage of any available deductions.
What documents do I need for my T2 return?
You’ll typically need your year-end financial statements, bank statements, details of major asset purchases, any shareholder loan balances, payroll summaries, and your previous year’s corporate return. We provide a full checklist after your consultation so nothing gets missed.
Can Taxwala handle both my corporate and personal taxes?
Yes. Many of our clients have us handle both their T2 corporate return and their personal T1 return. This is actually the most efficient approach since the two are often connected through dividends, salary, and shareholder loans.
My corporate returns are overdue. Can you help?
Absolutely. We help businesses get caught up on overdue filings regularly. The key is to get them filed as soon as possible to stop penalties from growing. We’ll assess the situation, prioritize what needs to be filed first, and put a plan together to get everything current.
Do you handle corporate tax for businesses outside Ontario?
Yes. We serve incorporated businesses across all Canadian provinces and territories. Everything is handled digitally so your location doesn’t matter.
Get Your Corporate Taxes Handled Properly
— Book a Free Consultation
Your business deserves more than a rushed T2 return filed at the last minute. Taxwala brings real expertise to your corporate filing so you stay compliant, claim what you’re entitled to, and stay on top of your filing deadlines. Book a free consultation and let’s talk about what your business needs.