TIMESTAMPS 00:50 - The 3 Key Components Of A T2 Corporate Tax Return 01:28 - Filing Softwares Overview 03:05 - The Filing Software Recommended For Beginners 03:15 - T2 Corporate Tax Return Overview 04:03 - Small Business Deduction 04:17 - General Tax Reduction for CCPCs 04:28 - General Tax Reduction for non-CCPC’s 04:42 - Integration and Double Taxation 04:54 - Corporations and Investment Income 05:08 - How The RDTOH Account Works 05:26 - Part I Tax 06:13 - Example Filling Out Information Section 07:44 - Type of Corporation 11:53 - Residency Rules 12:57 - Balance Sheet Input 16:51 - Income Statement Input 19:04 - Schedule 1 20:32 - Schedule 3 21:17 - Schedule 4 22:13 - Schedule 6 23:13 - Schedule 7 24:33 - Schedule 8 25:56 - Disclosure Schedules (Schedule 9, 11) 26:53 - Schedule 23 27:58 - Schedule 50 29:39 - Compliance Rules in Canada

Thanks for sharing your knowledge. It is a good overview and very helpful to those filing corporate taxes for SMB themselves

You should run an ad for this information. I've been putting off having my accountant do my taxes for years, and I'm usually around two to three years behind. Why? Because I always feel like I can't afford to pay him. That's a pain point and what holds me back from being on top of things properly. And then it all stresses me out because it's constantly hanging over my head. Another huge pain point. And when I just thought like two days ago that maybe, just maybe, I could go on youtube and find someone like you, my partner said to me, You can't do your own and file your own corporate taxes. You have to have an accountant to it for you because you're an incorporation. Then I felt defeated. But then I was like, Wait a minute. Let me look into this further. And here we are. See all the things you could work with in putting out there for people like me? You should totally do it. I would if I was you. And thank you for all of that info. I'm not even done listening to it yet. hahaha

Thanks for sharing your knowledge. It is a good overview of T2 and very useful to those who are filing corporate taxes themselves.

Hi Alice, this is very helpful. I notice that the dividends received is entered under E - Non-taxable divdend under secution 83. Is it correct?

Hi would you be able to do a video on a T2 return with No income, only expenses? What would we put on Assets and Liability for this?

@AliceCeeCPA

Ай бұрын

Hey Angela, have you done all the bookkeeping? You would just input the balance sheet into assets/liabilities after the bookkeeping is completed.

Thanks for the video, it's very helpful. One question, where is the foreign non-business income and taxes paid reported? For example from buying an ETF or stocks.

can you help me to complete schedule 50 form for corporation in Canada thanks

Hi You mentioned to use Schedule 3 to include dividends received. Do you include both Canadian and Foreign corportaions or just Canadian.

Hi are you able to help file T2 on very last minute. Our company is not active there are only investment and shareholder withdraw

@AliceCeeCPA

Ай бұрын

Send me an email at hello@alicecee.com

Hello Alice, Can owner/bookkeeper prepare the company T2 Returns without CPA audit? Thanks