Late T2 corporate tax return help in Calgary

Overdue corporate returns, brought current in order

A T2 is due six months after the corporation's year end, and the balance is due before that. When a year is missed the next one is usually harder, because the opening balances are unresolved. Most of the work in a late file is rebuilding the position, not preparing the return.

HBT takes overdue corporate files, establishes what has and has not been filed, works the years in order so each one opens from a closed prior year, and tells you what the exposure looks like before anything is submitted. If the corporation was inactive, that is usually a much smaller job than owners expect.

What a late filing engagement covers

How the work begins

1. 1

   Step 1: Tell us how far behind you are

   The first conversation is free and nothing is judged. We need the years, the entity, and any CRA notices.

2. 2

   Step 2: Confirm scope and price

   We quote once we know how many years and what condition the records are in.

3. 3

   Step 3: Bring the account current

   File in order, then set up a rhythm so it does not happen again.

How much does a late T2 return cost?

A corporate year end with T2 starts at $2,500. A nil return starts at $750 and an inactive or minimal activity corporation at $1,500. Each additional corporation starts at $1,500. Amounts are starting prices plus GST or HST where it applies and depend on record quality and how many years are outstanding.