Corporate Tax Filing Services in Ontario, Canada
Your T2 return prepared, reviewed, and filed correctly. We handle the schedules, the GIFI mapping, the CRA submission, and the follow-up if anything comes back.
Corporate Compliance & Infrastructure
T2 Corporate Returns
Accurate preparation and corporate tax compliance solutions mapping to CRA requirements, optimizing structure and liabilities for businesses across Ontario.
CRA Off-Support
Direct handling of audit requests, compliance notifications, notices, and direct dispute coordination, taking the pressure off your internal management team.
Secure Document Upload
Encrypted document submission vault protocols to ensure all corporate slips, receipts, and sensitive financials remain protected and completely private.
Post-Filing Support
Continuous protection long after submissions are completed, ensuring verification assistance if CRA issues a subsequent request or reassessment notice.
Need strategic handling for your upcoming corporate tax filings or unexpected CRA correspondence?
Do You Need Corporate Tax Filing for Your Incorporated Business?
Every incorporated business in Canada must file a T2 corporate income tax return every year, regardless of whether the corporation earned income or not. Missing it creates late filing penalties that compound quickly, and CRA does not make exceptions for small corporations that simply forgot.
With 17 plus years of tax and accounting experience behind the firm, Acctax prepares T2 returns for incorporated businesses across Ontario. We review your year-end financials, handle the schedules, keep you CRA-compliant, and explain your results in plain language after filing.
Why Ontario Businesses Trust Us
Accuracy First
We prepare accurate returns and review every figure before submission.
CRA-Compliant
We follow CRA rules and keep you up to date on what applies to your corporation.
Clear Guidance
We explain your results in straightforward language so you actually understand what was filed.
What Does Our Corporate Tax Filing Service Include?
A T2 return involves more than a single form. Depending on your corporation’s structure and activity during the year, the filing can include multiple schedules, GIFI-coded financial statements, payroll reconciliations, and GST/HST coordination. Here is what we cover.
T2 Return Preparation
We handle the complete preparation of your T2 return, including all required schedules.
Year-End Financial Review
We review your financial documents for accuracy and tax implications before filing.
CRA Schedule Support
We prepare and review all required schedules, disclosures, and attachments.
Expense and Deduction Review
We identify eligible deductions and review your expense records against CRA requirements.
GST/HST and Payroll Coordination
We coordinate GST/HST filings and payroll reconciliations alongside the T2 where applicable.
CRA Filing Confirmation
We confirm direct filing with CRA and provide confirmation of submission once accepted.
Who Needs to File a Corporate Tax Return?
Any business that has incorporated in Canada is legally required to file a T2 return each year. The filing obligation exists whether the corporation made money, broke even, or had zero activity for the entire year.
The corporations we file for most often include active corporations, inactive corporations, professional corporations such as those used by doctors, lawyers, and accountants, small incorporated businesses, holding companies, and corporations with CRA notices requiring a response alongside their return.
What Corporate Tax Documents Do You Need to Provide?
Organized records make the entire process faster and reduce the chance of errors or CRA follow-up. Bringing everything together before preparation starts saves time on both sides.
Financial Records
Year-end financial statements, trial balance and general ledger, bank reconciliations, and shareholder loan details.
Other Important Documents
Payroll summaries, GST/HST records, corporate/personal income records, and prior-year T2 return and Notice of Assessment.
How Does the Corporate Tax Filing Process Work?
From the moment you send us your documents to the point CRA confirms your filing, the process runs in seven clear stages. Nothing gets submitted without your review and sign-off first.
Review Filing Scope
We confirm what type of return is needed and identify any outstanding CRA matters before preparation begins.
Collect Financial Records
You provide your year-end financials, bank statements, and any relevant corporate records remotely or in person.
Check Missing Information
We review your documents, flag anything missing or unclear, and follow up before preparation starts rather than after.
Prepare T2 Return
We prepare the full T2 return including all applicable schedules, GIFI financial statements, and supporting calculations.
Review With You
We walk you through the return summary, explain the tax payable or refund position, and answer any questions before asking for approval.
Submit to CRA
We file electronically through CRA’s EFILE program and receive a confirmation number once CRA accepts the return.
Post-Filing Support
We review your Notice of Assessment when it arrives, flag any discrepancies, and prepare a response if CRA requests additional information.
When Is a Corporate Tax Return Due?
Missing your T2 deadline triggers penalties that start immediately and grow the longer the return stays unfiled. Here are the dates that matter for your corporation.
Return Due 6 Months After Year-End
CRA requires your T2 return within six months after your corporation’s fiscal year-end. A December 31 year-end means a June 30 filing deadline.
Balance Owing Due Date
Any corporate tax balance owing is due within two months after your fiscal year-end for most corporations, or three months if the corporation qualifies for the extended deadline.
Weekend or Holiday Due Date
When a filing or payment deadline falls on a weekend or holiday, CRA moves it to the next business day.
Late Filing Is Costly
You can still file after the due date, but late filing penalties and interest begin accumulating immediately on any balance owing.
What Happens If Corporate Tax Filing Is Late or Incorrect?
Late or inaccurate T2 filings create problems that take considerably more time and money to fix than the original filing would have cost. Here is what CRA applies.
Electronic Filing Requirements
Corporations with gross revenues above $1 million are required to file electronically. Non-compliance can add to penalties.
CRA Questions or Reassessments
Errors or missing information in a T2 return increase the likelihood of CRA review, audit, or reassessment.
Importance of Complete Records
Incomplete records at the time of filing increase the risk of errors and make responding to any CRA follow-up considerably harder.
Transparent Pricing
How Much Does Corporate Tax Filing Cost?
Pricing is based on the complexity of your corporation’s return, the volume of transactions, and whether GST/HST, payroll, or CRA correspondence is involved alongside the T2.
Corporate tax filing cost depends on more than the return itself. Your corporation’s taxable income, bookkeeping quality, GST/HST activity, payroll records, shareholder loan activity, and applicable Canadian small business corporate tax rates all affect how much review and preparation your T2 return may require.
Plan
Simple T1 Return
Price
Best For
Inactive corporations or simple returns with limited transactions
Plan
Standard Corporate Filing
Recommended
Price
Best For
Active corporations with standard income, expenses, and deductions
Plan
Complex / Specialized Filing
Price
Best For
Corporations with multiple income streams, related parties, or specialized filing needs
Why Choose The Acctax Company for Corporate Tax Filing?
There are plenty of firms that will file your T2. Here is what makes working with Acctax different in practice.
Experienced Professionals
The firm carries 17 plus years of tax and accounting experience across corporate, personal, and business filings.
Defined Process
Every return follows a structured intake, preparation, review, and submission process so nothing gets missed between steps.
Plain-Language Communication
We explain your corporate tax filing results clearly, not in accounting shorthand you have to decode yourself.
Review Before Filing
You see the return and approve it before anything goes to CRA.
Responsive Support
We are reachable when questions come up and available when CRA sends something back.
CRA Follow-Up
We monitor your Notice of Assessment and manage CRA correspondence related to returns we prepared.
“The Acctax team handled our corporate tax filing thoroughly, responded quickly, and explained everything clearly. Highly recommended.”
Sarah M., Ontario Professional Law Corporation
FAQs
No. A personal tax return uses the T1 form and reports individual income. A T2 corporate return is a separate filing for the corporation itself and covers the corporation's income, deductions, and tax payable for the fiscal year.
The T1 is for individuals. The T2 is for corporations. They are completely separate filings with different forms, deadlines, and CRA accounts.
Yes. We prepare and file outstanding prior-year T2 returns and can help organize the records needed to bring the corporation current with CRA.
Yes. We coordinate GST/HST filings and payroll remittances alongside the T2 where applicable so the full compliance picture is managed together.
Yes. CRA charges a late filing penalty of 5% of unpaid tax owing plus 1% per month the return remains outstanding, up to 12 months. Corporations with a history of late filing face higher penalties.