Corporate Tax & T2 Preparation
Corporate tax preparation supported by reconciled year-end books, organized HST/GST and payroll records, catch-up bookkeeping where required, and CRA financial-record support.
Last updated: August 2026
A T2 return is stronger when the year-end books have already been reconciled.
Taxxel combines corporate tax preparation with the bookkeeping work that supports it: reconciliations, year-end adjustments based on available support, payroll and HST/GST records, shareholder activity, and catch-up work where the file is incomplete.
Taxxel provides bookkeeping, taxation and financial-record support. We do not provide audit, review or other assurance engagements.
The tax return should be traceable back to the corporation’s financial records.
Corporate tax and the records behind it
T2 corporate tax preparation
Prepare the corporate income tax return and required tax schedules using the corporation’s year-end financial records and supporting information.
Year-end bookkeeping review
Reconcile accounts, identify outstanding items, and organize the financial working file used for corporate tax preparation.
HST/GST & payroll coordination
Bring filing and remittance records together with the general ledger so year-end balances can be reviewed consistently.
Shareholder & owner-manager records
Track supported shareholder transactions, salary/dividend records, and amounts that need attention before the corporate file is finalized.
Catch-up bookkeeping
Reconstruct incomplete periods and bring the books current before the T2 is prepared.
CRA review & audit records support
Organize source documents, ledgers, reconciliations and tax records if CRA requests information about the corporation.
A clean corporate file closes in five stages
Corporate tax pricing reflects the condition of the records
These are starting levels, not fixed quotes. Catch-up bookkeeping, complex transactions and additional filings are assessed separately.
Inactive or very low-activity corporation with organized records
Active owner-managed corporation with straightforward year-end records
Higher activity, payroll/HST, multiple accounts or more year-end adjustments
Multiple entities, significant catch-up work, intercompany activity or specialized reporting
Corporate tax questions
Connect the T2 file to the books behind it
Corporate tax preparation is stronger when reconciliations, payroll, HST/GST, shareholder activity, and source documents are maintained throughout the year.
Maintain reconciled books and recurring financial records during the year.
A broader operating-record workflow for owner-managed businesses and corporations.
Keep payroll and sales-tax records aligned with general-ledger activity.
Organize and reconcile financial records when CRA requests supporting information.
Work with Taxxel from your community
Taxxel supports businesses, professionals and individuals across Ontario. Most bookkeeping, tax and CRA records-support engagements can be coordinated securely without repeated office visits.
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