Incorporations are a separate legal entity.
This means they are a legal 'person' in the eyes of the law, and the tax man. Because of this the have to file a corporate income tax return called a T2 Corporate Income Tax Return.
T2 Corporate Income Tax Returns are more complex that a personal income tax return most Canadians are familiar with. They come with a whole new set of rules and schedules that need to be completed. They also heavily rely on great bookkeeping to ensure they are filed accurately.
To help avoid unnecessary audits and unexpected taxes always reach out to Chartered Professional Accountant when looking for corporate income tax return services.
Here at Creekside Accounting we LOOOVE small businesses. They make up 100% of your corporate client base.
We help business owners in all sorts of industries including:
Small business owners are the backbone of the Canadian economy and we work every day to help make our small business client's lives easier. Helping them with their corporate tax services is one way we do this.
We love being our client's accountant, tax advisor, and business ally.
We offer a variety of services to our corporate clients including:
Here at Creekside Accounting we provide Financial Statement Services as an 'add-on' available with any corporate income tax return.
We do this to help lower our fees for clients who do not need formal financial statements.
Financial Statements are an official document package that:
To ensure the highest quality of services we ask that all Creekside Accounting clients interested in a financial statement package complete a financial statement questionnaire. This allows us to much better understanding into the operations of your business and can help make recommendations that will improve your business.
Once new clients have been onboarded into our system and authorization forms signed we'll begin preparing your corporate income tax return. Our process looks like this:
It's a big process and a lot to keep track of!
But not to worry, all you have to do is keep an eye on your email. We'll take care of the process and guide you through each step. We have a documented and organized workflow that will keep you (and us) on track.
Because corporate income tax returns can take quite a long time frame to be completed (between 2 weeks and 3 months) keep the following deadlines in mind:
Worried about missing deadlines? Make sure you onboard with our services early! We'll send you email reminders when it's time to get the process started.
If you are ready to start your corporate income tax services with Creekside Accounting then check out our getting started page or book an appointment to speak to our Kelowna accountant.