Corporate returns can be prepared by our Business.360 CPA team as a defined engagement on their own. Many clients find they get the most value when the corporate return, the owner’s personal return and planning are handled together, since the two are closely connected.

It depends on corporate income, your personal cash needs, your shareholder loan position, RRSP and CPP considerations, and other family income. The right mix changes as the business does, so it is worth revisiting regularly rather than setting once.

The T2 return is generally due six months after your fiscal year end, but any balance owing is due earlier, usually within two or three months of year end depending on the corporation. Filing on time while paying late is a common source of interest charges.

By connecting the tax work to the decisions behind it. That includes compensation planning, shareholder account issues, reorganizations, succession, CRA correspondence, and the tax consequences of buying, selling or restructuring.

Because we like to be involved before year end, not only at filing time. When we understand your plans early, there is room to consider compensation, timing and structure while decisions are still being made, and your return reflects choices made with the full picture in view.

Yes, within an agreed scope. Reviews, information requests and issue resolution can form part of an engagement, with the scope defined at the start.

With a short Fit & Scope call about your business, your role as owner and what you need help with. The call establishes the records and decisions involved, so we can define the work, responsibilities and timing before compliance or planning begins.