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Tax

Corporate Tax Returns (T2)

Corporate Tax Returns (T2)

Our Corporate Tax Returns (T2) service ensures your business remains compliant while optimizing tax efficiency. We simplify the tax filing process, providing expert guidance, secure cloud-based document handling, and strategic advice to help you save time and money.

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Overview:

Let's complete your bookkeeping:
  • Before filing your business income tax return, your bookkeeping for the entire year must be completed. You have several options for how we can assist you:
    • You have an in-house bookkeeper:  If your bookkeeping is already done for the year, we’ll adjust your financial records to calculate taxable income and file your T2 tax return.
    • You do not have an in-house bookkeeper: No need to worry! We can handle your bookkeeping. You can choose our Complete Bookkeeping Solution which offers in-depth and frequent bookkeeping services all year round. If you do not think you require an in-depth and frequent bookkeeping service, then we will perform your bookkeeping for tax purposes and file your T2 tax return.
‍Share your documents:
  • Use our secure online portal to conveniently upload your financial documents, ensuring a smooth process and complete confidentiality.
Review and strategize for tax savings:
  • Once your bookkeeping is complete, we’ll prepare your T2 tax return and review your financial performance with you, including:
    • Assets, liabilities, revenues, expenses, and profit.
  • We’ll recommend tailored strategies to minimize your corporate taxes and improve financial efficiency.
Personal tax considerations:
  • We will provide guidance on the most tax-efficient strategies for paying yourself through your business, helping you minimize both your business and personal tax liabilities.
  • Additionally, we’ll consider your personal financial and retirement goals to ensure an optimized approach that aligns with your long-term objectives.
Online signature and e-filing your return:
  • Once the review is complete and you have a clear understanding of your tax situation for the year, we will invite you to electronically sign off on your return.
  • After your approval, we will proceed with eFiling your return directly with the CRA, ensuring a fast and secure submission.

That’s it! In just a few simple steps, your business taxes will be filed, you’ll stay compliant, and you can rest easy knowing you’re maximizing both your personal and business tax savings with us!

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Key Benefits:

Tax Compliance & Accuracy:

  • Ensure your corporate tax filings meet CRA requirements with professional oversight.

Time-Saving Solutions:

  • Let us handle the complex T2 filing process so you can focus on growing your business.

Optimized Tax Savings:

  • Benefit from our expertise in maximizing deductions and minimizing liabilities through customized tax strategies.

Seamless Document Management:

  • Enjoy secure, cloud-based document sharing for convenience and confidentiality.

Year-Round Support:

  • Whether through ongoing bookkeeping or targeted advice, we’re here to support your tax needs year-round.

Personalized Guidance:

  • Receive tailored advice that aligns corporate tax strategies with your personal financial goals, helping you achieve long-term success.
Tax
Reach out for a free consultation today!

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121 Lower Sherbourne St, Toronto, ON M5A 0W8

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+1 647 222 0236

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info@lux-cognita.com
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Your trusted partner for accounting, tax, and cutting-edge tech solutions for your business.

Whether you need your taxes filed, your payroll done, innovative web design, or custom software solutions, we’re here to help your business thrive. Reach out to us today, and let’s discuss how we can support your growth and success. We look forward to hearing from you!

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