Corporate Tax Return

Syed CPA is a full-service tax firm providing a variety of tax services, including professional tax services. Whether you live in Toronto or elsewhere in the Greater Toronto Area, Syed CPA can be your go-to business accountant providing business tax services. We also work for remote clients, providing excellent service wherever you are. Corporate income (T2) return regardless of the amount of tax paid. This includes:

• Not-For-Profit Organizations
• Exempt Companies
• Inactive Companies

As your corporate tax accountant in Toronto, Syed CPA will have you submitting your tax return as quickly as possible. It is possible in the month following the end of the tax year. The tax year includes your company’s fiscal period. If the accounting period ends on the last day of a month, the declaration will be made on the last day of the sixth month following the end of the fiscal year. If it ends on another day, the refund must be made on the same day of the sixth month. Please note that even if the filing date is six months after the end of the fiscal year, all taxes owed must be paid within three months (90 days) to avoid interest and penalties.

If your fiscal year ends on December 31, XXXX, and your company’s return is due by June 30, XXXX, but the tax balance is due on March 31, XXXX. Late payments will incur CRA interest and penalties. These reports convert your financial information into information needed for T2 returns, accounting, and tax reporting. All corporate tax returns must include the GIFI code at the time of filing. Government office.

Please contact your business tax accountant at Syed CPA Professional Corporation in Toronto to ensure your tax return is sent to the correct office. Call 647-977-8977, we are here to support you with all your business tax needs.