Corporate income tax
Your T2 and CO-17 returns filed on time, and your tax obligations tracked all year.
What the service includes
We prepare your corporation’s income tax returns, calculate your instalments and make sure your sales tax returns agree with your books.
- Federal T2 return and Quebec CO-17 return
- Calculation and tracking of instalments
- GST and QST returns
- Dividend slips (T5 and RL-3)
- Annual updating declaration with the Registraire des entreprises
- Replies to CRA and Revenu Québec requests
Good to knowA corporation must file its T2 and CO-17 returns within six months after the end of its fiscal year. The balance of tax is generally payable within two or three months after that date.
Who this service is for
Corporations
You must file a T2 and a CO-17 every year, even with no tax to pay.
Holding companies
You hold investments or shares of an operating company.
New corporations
You are closing your first fiscal year and want to set up your obligations properly.
How it works
Year-end
We close your books and prepare your financial statements.
Returns
We prepare the T2 and the CO-17 and present the results to you.
Follow-up
We plan your instalments and watch your deadlines.
Frequently asked questions
My corporation had no income this year. Do I have to file?
Yes. A corporation must file its returns every year, even when it is inactive or has no tax to pay.
Should I pay myself a salary or dividends?
It depends on your personal situation and the corporation’s. We compare scenarios as part of our tax planning service.
Can you take over a file that is behind?
Yes. We review the missing returns and set a plan to bring the file up to date.
Let’s talk about your business
A first meeting to review your accounting and your human resources needs.
- Phone
- 263 866-0018
Request a consultation
Tell us what you need and we will get in touch.