Corporate Tax

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Corporate Tax Services in Durham Region

GTP Tax is your dedicated team of corporate tax experts serving small businesses throughout the Durham Region. Whether you’re based in Pickering, Ajax, Whitby, Oshawa, Clarington, Scugog, Uxbridge, or Brock, we are here to provide precise, efficient, and personalized tax solutions tailored to meet your company’s unique needs. Our Professional Accountants are well-versed in all aspects of corporate tax compliance, planning, and strategy, helping you optimize your tax position while ensuring full regulatory adherence.

Comprehensive Corporate Tax Services

  • Corporate Tax Preparation: Accurate preparation and filing of T2 corporate income tax returns, ensuring compliance with Canada Revenue Agency (CRA) standards. We maximize all eligible deductions and credits to keep your tax burden as low as possible.
  • Tax Planning & Strategy: Proactive corporate tax planning tailored to your business’s structure and goals, focusing on minimizing liabilities through strategic planning. Our tax strategies include options for income deferral, asset management, and utilization of provincial and federal tax incentives.
  • GST/HST Filing & Compliance: Complete support for GST and HST filing, remittance, and compliance. Our team ensures accurate submissions for businesses of all sizes, reducing the risk of costly errors or omissions.
  • Payroll Tax Services: Management of payroll-related tax obligations, including source deductions, remittances, and the preparation of T4 and T4A slips. We help keep your business compliant and employees satisfied.
  • CRA Audit Assistance: If your corporation faces an audit, we provide professional representation, guidance, and support. We work directly with CRA agents on your behalf, ensuring clarity, accuracy, and peace of mind during the audit process.

Why Choose GTP Tax for your GST/ HST Filing?

  • Local Expertise: Our accountants understand the tax challenges and opportunities unique to Durham Region businesses. Whether you’re in Pickering, Ajax, or any surrounding area, we’re equipped to provide specialized tax guidance that accounts for the economic dynamics of the region.
  • Industry-Specific Knowledge: We specialize in filing corporate taxes for small businesses. We not only have experience in multiple industries, but we also provide our clients with insights into sector-specific tax breaks and obligations.
  •  Personalized Service: Every business is unique, and so is our approach. We tailor our tax solutions to align with your company’s specific financial structure and long-term objectives.
  • Year-Round Support: Corporate taxes require more than just an annual review. We offer ongoing support and consulting to ensure your tax strategy adapts to changes in the business environment or CRA regulations.

Personal Tax FAQs:

When is the deadline for corporate income tax filing in Canada?

Most Canadian corporations must file their T2 return within six months of their fiscal year-end. However, any taxes owing are due two months after the fiscal year ends (three months for certain Canadian-controlled private corporations). We can help ensure you meet these deadlines

Corporations can deduct expenses that are directly related to generating business income. Common deductions include salaries, rent, utilities, business travel, and office supplies. Our team will help identify all eligible deductions to reduce your tax burden.

Essential documents for corporate tax preparation include annual financial statements, records of all business income and expenses, information on capital assets, loan or debt records, and payroll information. We provide a detailed checklist to ensure you’re fully prepared.

Corporate tax planning allows your business to strategically reduce its tax liability, enhancing cash flow and financial flexibility. By identifying credits, deferring income, and making use of corporate structuring options, tax planning aligns with your financial goals and growth strategies.

If your business is selected for a CRA audit, it’s important to respond accurately and promptly. We can help you prepare all required documents, communicate with CRA auditors, and ensure the audit is resolved smoothly.

Yes, we offer secure, convenient virtual tax services. This allows us to work with your team seamlessly, whether you prefer in-person, virtual, or hybrid meetings.

Getting started is easy. Contact us to schedule a consultation, and we’ll discuss your business’s tax requirements, answer any questions, and outline the next steps for corporate tax preparation and planning.

Contact Us

Ready to simplify and optimize your corporate taxes? Reach out to GTP Tax for a comprehensive consultation. Serving clients across Pickering, Ajax, Whitby, Oshawa, Clarington, Scugog, Uxbridge, and Brock, we’re here to help Durham Region businesses thrive with effective tax solutions.

Five Star Rating on Google Reviews

  • 5 stars for Glenn’s his team!Always top notch service from a top notch guy.Highly recommend !

    Brian Sequillion Avatar Brian Sequillion

    Going to Glenn for years very polite, professional and welcoming environment and service. I will continue to have him do my personal taxes. I also recommended my families and friends and... read more

    Maxine Edwards Avatar Maxine Edwards

    Glen is the one of the best tax accountants. He is reassuring, honest, and highly knowledgeable and his expertise and time are very valuable.

    Dina Rawdah Avatar Dina Rawdah
  • GTP tax service is numer 1 in Durham region. I have been using them for over 10yrs and always professional 😊

    Adrian Llewellyn Avatar Adrian Llewellyn

    As always excellent service from Glenn again this year.

    Angela Crawley Avatar Angela Crawley

    I highly recommend GTP. Glenn is amazing, very easy to talk to and very friendly. We live 3 hours away and will never use anyone else. You won't be disappointed.

    Dawn Ashfield Avatar Dawn Ashfield
  • Glen is a pleasure to deal with. He is very professional and knows what he is doing.

    D Birch Avatar D Birch

    Really knowledgeable and helpful! Glenn explained my taxes to me and gave me advice for this year to make sure I get a better return next year. Definitely give him... read more

    Karla Avatar Karla

    I've been using Glenn to do my taxes for a few years. I highly recommend him for his services and professionalism. Easy to communicate with via text and email. Kind,... read more

    R B Avatar R B

Important Notice for
GTP Tax Services Clients

Dear Valued Clients,

We would like to inform you that during the tax season, GTP Tax Services will not be handling any tax assessments or audits. This policy is in place particularly for those whose tax returns have already been completed and submitted.

We appreciate your understanding and cooperation as we focus on assisting clients who are still in the process of completing their tax returns.

Thank you for choosing GTP Tax Services.

Sincerely,
GTP Tax Services Team