Corporate Tax Filing in Mississauga

Complete T2 preparation with every schedule your Mississauga corporation needs, including manufacturing CCA and logistics vehicle compliance.

• Prepare the T2 corporate income tax return with all required schedules including Schedule 1 (net income reconciliation), Schedule 4 (loss carryback), Schedule 8 (CCA) and Schedule 50 (shareholder information).
• Map financial statement data onto Schedule 100 (balance sheet) and Schedule 125 (income statement) through matched GIFI coding.
• Confirm CCPC status and apply the Small Business Deduction (12.2% combined rate on first $500,000 of active business income).
• File electronically with CRA and provide confirmation of filing within 24 hours.
• Include the director's personal T1 return at no additional charge for all T2 clients.

Proactive planning that reduces tax payable and positions your Mississauga corporation for growth.

• Assess SR&ED eligibility for Meadowvale medical device companies, pharmaceutical R&D, custom software development and manufacturing process innovation.
• Prepare T661 technical narratives demonstrating technological uncertainty and systematic investigation, not routine product development.
• Calculate eligible expenditures including R&D salaries, materials, subcontracting and overhead allocations for Mississauga corporations.
• Evaluate holdco structures for Mississauga business owners with surplus cash requiring creditor protection.
• Identify the optimal fiscal year-end for tax deferral and instalment planning for Mississauga corporations.

Mississauga's life sciences and technology sectors generate high SR&ED claim volumes that CRA scrutinises closely.

• Assess SR&ED eligibility for Meadowvale medical device companies, pharmaceutical R&D, custom software development and manufacturing process innovation.
• Prepare T661 technical narratives demonstrating technological uncertainty and systematic investigation, not routine product development.
• Calculate eligible expenditures including R&D salaries, materials, subcontracting and overhead allocations for Mississauga corporations.
• File the SR&ED claim with the T2 to claim the 35% refundable investment tax credit for qualifying Mississauga CCPCs.
• Respond to CRA SR&ED reviewer inquiries with supporting technical documentation. CPA-prepared claims have a materially higher acceptance rate.

Correct CCA classification is critical for Mississauga's equipment-heavy manufacturing and logistics sectors.

• Classify manufacturing equipment under Class 53 (50% M&P) instead of the default Class 8 (20%) that self-prepared returns consistently use.
• Apply the Class 10.1 passenger vehicle cost cap ($37,000) correctly. This is among the most common T2 errors in Mississauga logistics returns.
• Classify leasehold improvements under Class 13, computer equipment under Class 50 (55%) and apply the Accelerated Investment Incentive where eligible.
• Prepare Schedule 8 with full asset listings, additions, dispositions and net book value by class for Mississauga TSO review.
• Document vehicle business-use percentage with mileage logbook support. Without a logbook, the entire vehicle deduction is at risk on CRA audit.

When the Mississauga Tax Services Office contacts your corporation, we handle everything.

• Respond directly to the Mississauga TSO on your behalf for vehicle CCA audits, contractor reclassifications and SR&ED technical reviews.
• Prepare organized documentation packages including mileage logbooks, contractor agreements and SR&ED technical narratives.
• Represent your Mississauga corporation through CRA reviews of CCA, worker classification and cross-border GST/HST on Pearson corridor transactions.
• File Notices of Objection when CRA assessments are incorrect and pursue resolution through the appeals process.
• CRA audit representation is included FREE for all T2 corporate tax filing clients. We handle Mississauga TSO directly.

Recover missed deductions and credits from prior-year Mississauga T2 filings.

• Review prior-year T2 returns for missed CCA deductions, incorrect class assignments and unclaimed credits.
• File T2 amendments (T2-ADJ) to reclassify CCA assets, claim missed deductions and recover overpaid tax.
• Prepare and file unfiled T2 returns for corporations that have fallen behind, including voluntary disclosure where penalties apply.
• Calculate and apply loss carrybacks to prior years using Schedule 4 to generate refunds on taxes already paid.
• Most amendment recoveries are processed by CRA within 8 to 12 weeks of filing.