Every incorporated business in Canada has to file a T2 return every year, whether it made money or not. Two dates decide whether that costs you anything extra: the balance is due two months after your year end — three if you are a CCPC claiming the small business deduction — and the return itself is due six months after. Interest starts running from the first date, not the second. Most owners only find out the difference after it has cost them.
I do the year-end work for small incorporated businesses in Langley and the Fraser Valley: the bookkeeping, the trial balance, the GIFI mapping, and the return. You get the two dates tracked for you, and a phone number that gets answered.
What you get
- Your books brought current. Transactions categorised, bank and credit card accounts reconciled, and the year closed off properly rather than patched together in the last week.
- A trial balance that actually balances. Debits and credits kept separate so a problem is visible instead of quietly netted away.
- Every account mapped to its GIFI code — the CRA’s standard chart, which is what the return is built from.
- Your T2 prepared and filed on time, with the schedules that go with it.
- Both deadlines tracked all year, not just remembered in month five. You get told before a date matters, not after.
- A plain-English read on the numbers. This is the part most filings skip: once the year is closed, you should know what it says about the business.
How it works
- A call, free. Tell me your year end and roughly what shape the books are in. I will tell you what it takes and what it costs before you commit to anything.
- You send what you have. Bank statements, invoices, whatever the bookkeeping lives in. It does not need to be tidy — that is the job.
- I close the year and map it. Reconciled, balanced, GIFI-coded, and checked against the prior year so nothing has silently moved.
- You see it before it goes. Nothing is filed until you have read it and signed the authorisation. That form has to be signed before the return is transmitted — no exceptions, and I keep the signed original.
- It is filed through CRA-certified software, and you get the confirmation number for your records.
Why not just use an accounting firm
Use one if you need audited statements or a review engagement — I do not do those and will tell you so. For an owner-managed corporation with a straightforward year, what you usually need is someone who will pick up the phone, get the books straight, hit the dates, and then talk to you about the business rather than hand you a folder.
That last part is the actual reason I do this work. A year end is the one time a year somebody looks at the whole picture. Doing the filing and then not saying anything useful about what is in it is a wasted opportunity — so the conversation about margin, pricing, and where the money is going comes as part of it, not as a separate engagement.
Who this suits
- Owner-managed corporations — trades, contractors, retail, service businesses, professional practices.
- Companies with one to about twenty staff.
- First year end after incorporating, where nobody has explained what happens next.
- Businesses behind on filings. Late is fixable. Being told it is not is usually wrong.
What this is not
Bookkeeping, corporate tax return preparation, and business consulting. This is not an audit, a review, or a compilation engagement, and nothing here is prepared under CPA Canada standards. If your bank or a buyer needs statements issued under those standards, you need a licensed practitioner and I will point you at one.
Book a year-end call
Call 778-883-2552. It is my own phone and it gets answered, including outside office hours — which in March is the whole point. Or come to the office: 20466 Fraser Highway, Unit 207, Langley BC V3A 4G2. There is a private boardroom here you are welcome to use, and it is free for an hour.
Tell me your fiscal year end on the first call and I will tell you both of your deadlines before we hang up.
