Tax Practice > Tax Compliance

Tax Compliance for Corporations, Trusts and Partnerships

 Compliance support:

• Similar to the provision process accounting and tax information must be gathered for inclusion in the calculation of taxable income and taxable capital base for each legal entity.
• Prepare referenced working papers supporting amounts in the returns which ensures adequate audit trail should the position be challenged by taxing authorities.
• Assist in the preparation of responses for information request received from taxing authorities.

Compliance preparation (drafts or final):

• Gather accounting and tax information to support non-deductible items (depreciation, meals & entertainment, pension accruals, accrued dividends, etc.).
• Gather accounting and tax information to support calculation of CCA, CEC, 20(1)(e) deductions, etc.
• Gather information for the calculation of provincial capital taxes.
• Prepare referenced working papers supporting amounts in the returns which ensures adequate audit trail should the position be challenged by taxing authorities.
• Preparation of the respective returns (T2, CT23, T3, T5013).
• Assist in the preparation of responses for information request received from taxing authorities.
• Liaise with other service providers as required (review by accounting firm, etc.).

Other forms:

• Preparation of election forms for Section 85 rollovers and other required information returns.