Corporate Tax Return (T2)
Annual corporate tax return preparation and filing, including tax planning and maximizing eligible deductions.
PRICING
REGULAR PRICE
COMPLEX RETURNS
$899 / RETURN
PRICE VARIES ON COMPLEXITY
OVERVIEW
Corporate tax return (T2) preparation is a fundamental service that helps businesses meet their tax obligations accurately and on time. This service focuses on preparing and filing basic T2 returns for corporations with straightforward tax situations. We specialize in helping small businesses handle their annual tax filing requirements while ensuring compliance with basic tax regulations.
While we assist with standard T2 preparations, we maintain a focused approach by handling only straightforward cases without complex tax situations or audit requirements. For businesses with complex tax scenarios, we're happy to refer you to specialized tax professionals who can better serve your needs.
WHEN AND WHY DO YOU NEED IT
Every incorporated business in Canada is required to file a T2 corporate tax return annually, regardless of whether it had any revenue or owes taxes. Many business owners find professional assistance valuable in ensuring accurate and timely filing of their returns.
Professional T2 preparation allows you to:
Ensure accurate reporting of basic business income
Apply standard tax deductions and credits
Maintain good standing with tax authorities
Have a straightforward revenue and expense structures
HOW IT GENERALLY WORKS
The T2 preparation process begins with gathering all necessary financial documents, including your year-end financial statements, expense records, and relevant tax forms. This information is then organized and reviewed for completeness and accuracy.
The process includes preparing the T2 return using standard accounting principles and basic tax regulations. Each line item is carefully reviewed to ensure proper reporting of income, expenses, and available deductions within standard business scenarios.
Once the return is prepared, it undergoes a final review to verify accuracy before being filed with the Canada Revenue Agency (CRA). All supporting documentation is organized and stored securely for future reference.
OUR PROCESS
At Logetica, we take a focused approach to T2 preparation for small businesses with straightforward tax situations. We begin by reviewing your financial records and confirming that your tax scenario aligns with our service scope. For complex tax situations requiring specialized expertise, we'll happily refer you to qualified tax professionals.
We help compile and organize your financial information, prepare your basic T2 return, and ensure timely filing with the CRA. Our service includes clear communication about documentation requirements and filing deadlines, helping you stay compliant with basic tax obligations.
We maintain strict boundaries around our tax services, focusing only on straightforward cases that align with our expertise. This approach ensures we provide reliable service while acknowledging the limitations of our tax preparation scope.
EXAMPLE CASE
A small retail business with straightforward operations needed help preparing their annual T2 return. Their financial records were well-organized, with clear revenue streams and standard business expenses.
The professional T2 preparation service helped them compile all necessary information, ensure proper classification of expenses, and identify standard deductions. The return was completed accurately and filed on time, maintaining the business's good standing with the CRA.
Regular communication throughout the process helped the business owner understand their tax obligations and maintain better financial records for future tax filings.
Have Questions?
Book a free 30-minute online consultation with us, and we will be happy to answer all your questions.