Corporate tax returns and tax planning

Who it is for

Owner-managed corporations, partnerships, registered charities and not-for-profit organizations that want dependable filings and proactive planning. Our approach is consistent from year to year, so we can build a relationship that lasts.

How we help

We provide comprehensive tax planning and preparation for all levels of Canadian tax, including estimating your tax liabilities so there are fewer surprises.

Returns and slips we prepare

• Corporate income tax returns (T2)
• Partnership returns (T5013)
• Registered charity returns (T3010)
• Not-for-profit information returns (T1044)
• Remuneration slips (T4)
• Investment income slips (T5)
• Non-resident slips (NR4)

Elections

• Capital dividend election (T2054)
• Transfer of property to a corporation (T2057)
• Sale of accounts receivable when a business is sold (T2022)
• GST/HST election on the acquisition of a business (GST44)

Sales tax and CRA matters

• GST/HST and PST planning for business start-ups, property purchases and the purchase or sale of a business
• Negotiations and correspondence with federal and provincial authorities about Canada Revenue Agency (CRA) audits, disputes and objections

Plain-language guide

T2057 election

Lets you transfer property, such as business assets, to a corporation and defer some or all of the tax that would otherwise be due on the transfer.

Capital dividend election (T2054)

Allows a private corporation to pay certain amounts to shareholders as tax-free capital dividends.

What to do next

Tell us about your corporation and your year-end, or call the office nearest you. Planning a restructuring, sale or succession? Our business advisory team works closely with our tax specialists.