Corporation Tax Return Checklist (T2 – 2026 filing season)
A. Corporate profile & access
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Legal name, BN, corporate number, registered address
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Tax year-end date (fiscal year)
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Shareholder/director list and changes during the year
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CRA correspondence/Notices (NOA, instalment reminders, arrears letters)
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Access: CRA My Business Account/RepID authorization status
B. Filing & payment deadlines (client-facing)
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T2 filing due: within 6 months after fiscal year-end
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Balance due: generally 2 months after year-end; some CCPCs may qualify for 3 months
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Instalments (monthly/quarterly depending on situation) and any missed payments
C. Financial information (must-have)
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Year-end financial statements (internal or compiled)
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Complete trial balance / general ledger
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Adjusting journal entries (AJE list), if any
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Detailed revenue breakdown (by line/service stream)
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Expense details and major variances vs prior year (notes)
D. Tax schedules & common corporate tax areas
GIFI / Schedule 125/100
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GIFI-mapped financial statements / Chart of Accounts export (if available)
Shareholder remuneration
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T4 slips for owner/employees + payroll summaries
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Dividends declared/paid (dates/amounts/classes)
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Management bonuses accrued/paid timing
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Shareholder loan transactions (amounts in/out; year-end balance)
Fixed assets & CCA
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Asset continuity (additions/disposals)
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Vehicle/equipment lease agreements
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CCA class detail and prior-year UCC
Meals/auto/home office (corporate use)
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Vehicle logs and standby/operating benefits (if company vehicle)
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Home office reimbursements or rent paid to shareholder (if applicable)
Related-party & other items
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Related-party transactions (management fees, intercompany loans)
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Government assistance/subsidies received (details)
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Capital transactions (sale of assets, investments)
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Foreign income/transactions (if applicable) and related reporting support
E. GST/HST for corporations (if registered)
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Reporting period and filing method
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GST/HST returns filed for all periods in the fiscal year
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ITC support (eligible expenses, receipts)
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Reconciliations: GST/HST collected vs revenue; ITCs vs expense categories
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Deadlines: monthly/quarterly due 1 month after period end
F. Payroll (if corporation has employees)
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PD7A/PD7A(TM) summaries and source deduction remittances
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T4/T4A filings + summaries
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WCB/Workers compensation filings (province-specific, if applicable)
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Employee benefits taxable benefit summaries (auto, insurance, etc.)
G. Wrap-up items we ask every corporate client
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Any major business changes (new lines of business, acquisitions, wind-up)
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Any CRA reviews/audits in progress
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Confirm signing officer and who will e-sign/approve
NOTE: This checklist is developed after considering all the possible tax situations but it still may not be a final checklist for your tax situation.