More than a filing exercise
A corporate tax return is only as good as the understanding behind it. Before we prepare anything, we make sure we know how your business earns its money, how it is structured and what changed during the year. That context is what lets us get the return right and notice the things worth raising with you.
Year-end is also the one point in the year when your whole financial picture is in front of someone qualified to interpret it. We treat it as an opportunity to tell you what the numbers say, not just to meet a deadline.
How year-end works with us
We agree on a timeline with you ahead of your year-end, and tell you clearly what we need and when. Where your records need attention first, we will say so early and help you get them into shape.
Once the statements and return are prepared, we walk you through them in plain language: what drove the result, what the tax position is, and what we would look at before the next year closes.
Who this is for
Incorporated, owner-managed businesses in Edmonton and across Alberta, including operating companies, professional corporations, holding companies and real estate groups with more than one entity.
About corporate tax and year-end
When is my corporate tax return due?
A T2 corporate income tax return is due six months after the end of the corporation's fiscal year. Any balance of tax owing is generally due sooner, two months after year-end, or three months for certain Canadian-controlled private corporations. We track both dates for our clients.
What do you need from me at year-end?
Typically your accounting records for the year, bank and loan statements as at year-end, and details of any significant transactions such as asset purchases or new financing. We give every client a specific list so nothing is left to guesswork.
Can you take over part-way through a year?
Yes. With your permission we contact your previous accountant, arrange our authorization with the Canada Revenue Agency and collect the prior-year information we need.
Often combined with
Start with a conversation.
Tell us about your business. We take the time to understand your needs before we propose anything.