Corporate Tax

Corporate Tax

Almost every transaction that you perform or occurs in your business, local and international, has direct or indirect tax consequences. And with Canadian Taxation rules constantly changing, it is important now more than ever to have an experienced tax advisor by your side to effectively sift through the complexities of ever changing tax requirements. 

At Sharad CPA Professional Corporation, we provide tax services that encompass all your needs, whether you want help with personal taxes, need an experienced tax accountant for your business or want to stay compliant with cross-border and international tax regulations. 

We’re just a call away from solving all your taxation troubles.

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Corporate and Business Tax Returns

No matter which sector your corporate business belongs to, each one has its own set of tax filing requirements and tax deduction prospects, simply put, it’s complex & highly technical. 

At Sharad CPA, we’ve built a reputation for helping businesses with their tax planning such as tax saving strategies, tax credits, tax deferrals. Our expert Chartered Professional Accountants keep up with the latest compliance rules and regulations to not only stay on-par with current tax compliances but also position your company for future growth through customized corporate tax strategies.

Our Corporate Tax Services:

  1. T2 Corporate Tax Return
  2. Accounting financial statements to GIFI (General Index of Financial Information) translation
  3. Strategic Tax Planning
  4. Preparing Financial Statements
  5. CRA(Canada Revenue Agency) Tax Audits
  6. Tax estimates and installment preparation
  7. T3 Tax Return for Not for profit and family trust
Tax Planning

Discover the right approach to getting your tax troubles away. Canada’s tax compliance requirements can be quite tough. Every organization needs to follow taxation and compliance rules of the country. Keeping records, calculating taxes and filing them accurately and timely can be complicated. Our team collaborates extensively with you to understand your specific needs and tailor our tax services to best suit you.

No matter what your needs are, we’ll customize a service plan to fit your business goals and budget, whether you want taxation advice or need us to take care of your taxes altogether.

Tax Estimates and Installment

Corporate Taxes can reach excruciatingly high amounts depending on your business growth. But company goals and objectives that require budget management can suffer if the company isn’t fully aware of how much and when to pay those taxes. That’s when experts at Sharad CPA help your corporate business to prepare Tax Estimates and Installments to make sure your company always has proper budget allocation. 

Depending upon the stage of your company’s growth and needs, we advise whether or not to go for tax payment in installments to lift your corporate business off the extra weight from having to pay taxes in full.

Cross Border and International Tax

As cross-border businesses become common, managing local and foreign taxes becomes one of the biggest challenges for many businesses. Most leaders in an organization often overlook the time and resources to sift through the complexities of  multinational corporations on their own. 

Noncompliance, on the other hand, is increasingly likely to have a direct detrimental impact on the business. It is essential to have an experienced, proactive and knowledgeable expert to examine both personal and corporate taxation rules and regulations to avoid unnecessary tax liabilities, double taxation or penalties.

At Sharad CPA Professional Corporation, we are specialists at cross-border tax consulting and offer to unburden our clients of troubles from the tax related complications. Our team of veteran and dedicated professionals work closely with your team to find the most efficient way out of the maze of cross border and international tax. 

Our Cross Border and International Tax Services:

  1. Non Residence and International Tax
  2. Strategic Cross-border Tax Planning
Corporate Tax Audit

Have you just recently discovered that the CRA (Canada Revenue Agency) plans to audit tax returns for your Corporation? What does a Corporate Tax Audit even mean?

A Corporate Tax Audit is an examination of all transactions, books and records done by the CRA to make sure your corporate organization has completed all tax obligations in regards to income tax, deductions, payroll remittances, GST/HST, and employee benefits.

Now, should you be worried?

No, not unless you don’t provide the information required by the CRA for the review. And, The CRA has up to 6 years from the last tax year to carry out a review from when the notice was sent. That’s why it’s good to have a record of all transactions, most preferably, a digital backup.

In case you don’t have everything that the CRA needs, there can be complications and a lot of headaches coming your way. But don’t worry, our expert Chartered Accountants can help you take care of your CRA Tax Audits and free you from the troubles.

+1 905-488-5999