Corporate & Business Tax Services
Strategic T2 tax filing and small business compliance made simple
Get your corporate and small business taxes prepared accurately. Our accountants ensure compliance, maximize deductions, and reduce stress for business owners.
Corporate & Business Tax Services
Expert T2 corporate tax return preparation and small business tax services. We help incorporated companies, partnerships, and entrepreneurs stay compliant with CRA and optimize tax savings. Many of our clients are in Toronto, Etobicoke, and the GTA, but we serve all of Canada securely online.
What Our Corporate Tax Service Includes
- T2 corporate tax return preparation and e-filing
- Financial statement preparation for compliance and planning
- Review of corporate deductions and credits (CCA, SR&ED, small business deduction)
- CRA correspondence and audit support
- Tax planning to minimize liability and maximize cash flow
How It Works
- Submit your financial records including bank statements, invoices, receipts, and prior filings
- We prepare draft financials and your corporate return, applying eligible deductions
- Review and approve the draft return, refund, or balance owing before filing
- We e-file with CRA and provide confirmation plus planning tips for next year
Who We Help
- Small and medium-sized incorporated businesses filing T2
- Partnerships requiring year-end filings and compliance
- Entrepreneurs and startups looking to minimize tax burden
- Corporations with multiple income sources or subsidiaries
- Business owners seeking strategic tax planning
Documents Checklist
- Incorporation documents and prior year corporate return
- Financial statements, trial balance, or bookkeeping records
- Receipts for business expenses, travel, and office costs
- Payroll records and T4/T5 slips
- Bank and credit card statements
Frequently Asked Questions
When is the corporate tax return (T2) due in Canada?
Corporate tax returns are due six months after the fiscal year end. Balances owing are due two or three months after year end, depending on corporation type.
Do you help small businesses and startups with taxes?
Yes, we assist small businesses, new corporations, and startups with proper filings, deductions, and CRA compliance.
Can you file both T2 corporate returns and GST/HST?
Yes, we file corporate tax returns and also handle GST/HST filings to ensure your business remains compliant.
Do you provide tax planning or only return filing?
We provide both—corporate return filing and proactive planning to minimize tax liability.
Can you represent us in case of a CRA audit?
Yes, we represent businesses during CRA audits, reviews, and correspondence to protect your interests.
Do you serve corporations outside Toronto?
Yes, we serve businesses across Canada using secure online platforms, with many clients in Toronto and the GTA.
What Our Clients Say About Us
Sarah Mitchell
Small Business Owner TorontoLibra Accountax Services made my bookkeeping stress-free. Their team is professional, detail-oriented, and always ready to answer my questions.
David Chen
Business Director TorontoFrom corporate taxes to payroll, they handle everything smoothly with accuracy and transparency so I can focus on my business.
Mark Thompson
Restaurant Owner EtobicokeAs a business owner in Etobicoke, I rely on Libra Accountax Services for my taxes and bookkeeping. Their local expertise and personal attention have been invaluable.
Emily Rodriguez
Marketing Consultant MississaugaWorking with Libra Accountax Services has been a game-changer for my consulting business. They helped me organize my finances and provided clear insights that keep me on track every quarter.
James O’Connor
Contractor TorontoLibra Accountax Services takes the stress out of managing invoices and taxes. They’re reliable, easy to reach, and truly care about helping small business owners like me succeed.
Laura Bennett
Wellness Coach TorontoThe team at Libra Accountax Services goes above and beyond. They’re patient, friendly, and always explain everything in simple terms, I feel confident knowing my finances are in good hands.
Business Hours
Mon-Thu: 9:30 AM - 5:30 PM
Fri: 9:30 AM - 4:00 PM
Sat - Sun Closed
Let's Connect
Reach out to our team of experienced accountants. We're here to help with all your financial needs.