All companies operating in Canada must file annual corporate tax returns to report their business results.
We can prepare and e-file your corporate tax return to ensure you only pay what is absolutely necessary. Our team takes a pre-emptive approach with tax planning services, identifying opportunities to protect your earnings and safeguard your assets. We keep abreast of current tax laws and constantly look for ways to help our clients minimize corporate tax in order to keep more money in your business.
Some corporate tax returns are more complex than others. There are numerous items that can affect a company's income taxes. Some of these include the following:
- Investment tax credits
- Investment and dividend income
- Rental income
- The capital dividend account
- Capital cost allowance (depreciation)
- Capital gains/losses
- Loss carry-backs/loss carry-forwards
- Small business deduction
Other opportunities may also exist for corporate reorganizations, amalgamations, tax-free transfers of certain property, or perhaps sale and purchase of a business.
Our corporate tax specialists will ensure your business takes advantage of the tax benefits that pertain to your business / corporation.
Contact a member of our Tax Group to see how we can help you.