Services

Corporate Tax Services

Expert Tax Planning and Compliance for Your Business

HTPA Accounting offers Corporate Tax Services to companies in need of expert tax planning and compliance. We provide comprehensive support for corporate tax returns – from initial tax diagnostics to risk management – giving your business peace of mind in all tax matters. Our team stays on top of the latest tax regulations to design tailored tax solutions that ensure your filings are compliant and your tax burden is minimized.

Why Choose HTPA for Corporate Tax?

We combine deep technical knowledge with a proactive approach to deliver corporate tax solutions that protect and grow your business.

Proactive Tax Strategy

We don’t just prepare a tax return; we work with you throughout the year to structure transactions in tax-efficient ways. From deferring income to utilizing small business deductions fully, we plan ahead so you reap maximum benefits.

Experienced Corporate Tax Professionals

Our team has significant experience handling corporate taxes across various industries – from professional services and retail to real estate and technology startups. We bring best practices and insights specific to your sector.

Integrated Personal & Corporate Approach

For owner-managed businesses, we consider both corporate and personal taxes together. This holistic approach means the strategy for your business aligns with your personal financial goals, yielding optimal overall results.

Peace of Mind Compliance

Tax laws for corporations are complex and ever-changing. With HTPA, you can be confident that your company is compliant with the latest rules. We handle all the complicated calculations and forms, freeing you from administrative burden and reducing the risk of costly CRA penalties.

Who Benefits from Our Services

Our corporate tax services are tailored to the unique structure and goals of your business.

Incorporated Small & Medium Businesses

Private corporations (including Canadian-Controlled Private Corporations, CCPCs) that need year-end T2 tax return preparation and ongoing tax advice.

Owner-Managed Businesses

Business owners looking for integrated personal and corporate tax planning (salary vs. dividend strategies, etc.) to optimize overall taxes.

Corporate Groups & Investment Corporations

Businesses with multiple related companies or holding companies that require coordinated tax planning, loss optimizations, or inter-company dividend strategy for tax efficiency.

Our Comprehensive Service Offerings

From T2 filing to strategic tax advisory, we provide end-to-end corporate tax support.

T2 Corporate Tax Return Preparation

Preparation and filing of your company’s T2 tax return, including all required schedules. We handle everything from calculating taxable income to claiming the Small Business Deduction (if eligible) and other credits.

Tax Planning & Optimization

Strategic planning to take advantage of all available deductions and credits. This includes optimizing expenses, capital cost allowance on assets, R&D credits (e.g. SR&ED), investment tax credits, and timing of income and expenses across year-end to minimize taxes.

Quarterly and Annual Tax Provisioning

For companies that make instalment payments, we calculate quarterly tax instalments to avoid interest. We also prepare year-end tax provisions for your financial statements, ensuring there are no surprises when taxes come due.

Salary vs. Dividend Advisory

Guidance for owner-managers on the optimal mix of salary and dividends to withdraw from the company, considering factors like personal tax rates, RRSP contribution room, and corporate small business deduction limits.

CRA Compliance & Representation

Ensuring compliance with tax laws to reduce audit risk. If the CRA has questions or selects your return for review, we act as your representative to liaise with CRA auditors, provide supporting documents, and resolve any issues. Our CRA audit help extends to corporate audits as well, not just individual.

Specialty Corporate Filings

Assistance with related filings such as T4 and T5 slips for salaries and dividends paid, T106 for foreign related party transactions (if any), or provincial tax credits forms. We make sure your corporate reporting is thorough and accurate on all fronts.

Frequently Asked Questions

Get answers to common questions about our corporate tax services.

A Canadian corporation’s T2 tax return is due six months after the end of its fiscal year. For example, if your company’s year-end is December 31, the T2 return deadline is June 30. Note that any tax owing should be paid within two months of year-end for most companies (three months for eligible small CCPCs). We help you track these dates and can file well in advance of deadlines.

The Small Business Deduction (SBD) is a lower tax rate applied to the first $500,000 of active business income for Canadian-controlled private corporations. It significantly reduces the corporate tax rate on that portion of income. We ensure your company claims the SBD if eligible, and advise on managing your business income (and that of associated companies, if any) to fully benefit from this deduction without crossing thresholds that would reduce it.

Optimize Your Corporate Taxes

Contact our corporate tax experts today for a free consultation. We'll help you ensure compliance and minimize your tax burden.

Call Us Directly

(647) 895-6188

Send Us an Email

Acc@htperfect.com

Visit Our Office

20 Bamburgh Circle, Scarborough, ON

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