This webinar explains how to complete a corporate tax return. Tax compliance rules and deadlines are discussed. There are numerous examples to explain everything needed for tax season.

Features:

• Due dates, late-filing penalties, tax preparation software, and the T2 Short.
• First-time tax filers and GIFI.
• Foreign investments and the T1135.
• Net income for tax purposes, capital gains, capital cost allowance (CCA), recapture, and terminal loss.
• Taxable income, loss carryovers, tax credits (including the small business deduction), and related and associated corporations.
• Refundable taxes, RDTOH, Part IV tax, and the dividend refund.
• SR&ED and investment tax credits (ITCs).
• Allocating taxable income among provinces.
• What happens after you file the return, instalments, and how to amend a T2.