Corporate Tax Return Filing in the GTA — We Handle It All For You

Running a business is hard enough. Let us handle your corporate tax return requirements so you can focus on what you do best.

Is This You?

I own a small corporation

I incorporated my business but I'm not sure what I need to file every year.

Single-Employee Corporations

It's just me — I pay myself a salary or dividends and need help with the paperwork.

My company has low activity or no activity

My corporation did nothing this year. Do I still need to file? (Yes — and we can help.)

What We Do For You

Prepare Your T2 Return

We complete and file your corporate tax return with CRA — accurately and on time.

Calculate What You Owe

We figure out exactly how much tax your corporation owes — no surprises.

Financial Statements

We prepare the required GIFI financial statements that CRA needs with your return.

Salary vs Dividends Advice

We help you decide the most tax-efficient way to pay yourself.

CRA Communication

We deal with CRA on your behalf if they have questions about your return.

Compliance Check

We make sure your corporation meets all CRA and Ontario requirements.

What You Need to Bring Us

Your Business Info:

Business Number (BN) from CRA
Company name and address
Names of all shareholders/directors

Your Income:

Total sales or revenue for the year
Any other income (interest, dividends, rent)
Bank statements

Your Expenses:

Receipts for business expenses
Rent, utilities, phone, internet bills
Payroll records if you have employees

Last Year:

Previous year’s tax return (if available)
Last Notice of Assessment from CRA

Trusted Corporate Tax Preparation Across the Greater Toronto Area

Navigating corporate tax compliance can be a major headache for small business owners and single-employee corporations. At Common Accounting, we eliminate the guesswork from your annual filings with clear, flat-rate pricing and reliable, expert support. Based in Richmond Hill, our accounting professionals specialize in accurate corporate tax return preparation designed to maximize your deductions while keeping your business fully compliant with the Canada Revenue Agency (CRA).
We proudly serve a diverse range of local businesses, small corporations, and startups across the entire Greater Toronto Area (GTA). Whether your business operates out of Richmond Hill, Vaughan, Markham, Toronto, Mississauga, or surrounding communities, we handle the end-to-end heavy lifting. This includes complete T2 corporate tax return filing, calculating precise tax liabilities, preparing standard GIFI financial statements, and coordinating direct CRA communications.
Whether your corporation was highly active this year or had completely zero activity, you still carry a legal obligation to file. Let our team manage your corporate tax return requirements from start to finish so you can redirect your energy toward growing your business.

How Much Does It Cost?

Low activity or no activity Corporation $399.00

Low activity or No activity this year? We still file your T2 return to keep you compliant with CRA.

Active Corporation starts from $599.00

Operating business with income and expenses? We handle everything from start to finish

Not sure Where to Start!

Book a Free 15-minute consultation. We’ll look at your situation and tell you exactly what you need.

Frequently Asked Questions

What is a T2 corporate tax return?

A T2 corporate tax return is the official form that incorporated businesses in Canada must file annually with the Canada Revenue Agency (CRA). Even if your small corporation was inactive or didn’t make any money this fiscal year, you are still legally required to file a T2 return to remain compliant.

What is the difference between an active and inactive corporation?

An active corporation is actively conducting business, generating revenue, or incurring day-to-day operational expenses. An inactive corporation has had no financial transactions, zero income, and no business activity during the tax year. We offer reduced pricing starting at $399 for inactive businesses to make staying compliant affordable.

What financial statements do I need to file my corporate tax return?

To file accurately, the CRA requires GIFI (General Index of Financial Information) financial statements. This includes a balance sheet, an income statement, and a statement of retained earnings. Our expert team takes your raw data, bank statements, and receipts and converts them into compliant GIFI statements for you.

When is the deadline to file my corporate tax return in Canada?

You must file your T2 corporate tax return within six months of the end of your corporation’s fiscal tax year. However, if you owe corporate taxes, your payment deadline is typically sooner—usually two to three months after your fiscal year-end.

Can you help me communicate directly with the CRA?

Yes. We handle direct CRA communication on your behalf. If the CRA has questions regarding your current return, our team addresses them directly so you can focus on running your business.