Checklist of Documents Required for Corporate Income Tax Filing in Canada (T2 Return)

Filing a corporate income tax return (T2) in Canada requires accurate documentation, proper authorization, and timely preparation. Missing or incomplete records can result in CRA delays, penalties, interest, or reassessments.

At Momentum Accounting CPA Professional Corporation, we provide professional corporate tax filing services for businesses in Hamilton, the Greater Toronto Area (GTA), and across Canada. Our process is 100% paperless, with secure electronic signatures via Adobe Acrobat and no in-person visits required.

This guide provides a clear, CRA-ready checklist of documents required for corporate income tax filing in Canada, along with common FAQs to help business owners prepare confidently.

How Our Corporate Tax Filing Process Works

To ensure accuracy, security, and full CRA compliance, our corporate tax filing process includes:

• Secure electronic document review and signatures via Adobe Acrobat
• Client review and confirmation before CRA e-filing
• Authorization through CRA My Business Account

🔹 Important CRA Authorization Step

Please ensure you add our Group ID (GW5VP3) in your CRA My Business Account.

This authorization allows Momentum Accounting CPA Professional Corporation to securely access CRA systems and electronically file your T2 corporate income tax return.

Corporate Income Tax Filing – Document Checklist

1. Corporate & Legal Information

• Articles of Incorporation
• Certificate of Incorporation
• Nature of Business
• Head Office Address
• CRA Business Number (BN)
• GST/HST registration documents (if applicable)

2. Shareholder & Director Information

• Government-issued photo ID of shareholders
• (Driver’s licence preferred to verify name, date of birth, and address)
• SIN cards of shareholders
• Citizenship status
• Current contact details (phone number and email)

3. Financial Records (Very Important)

Accurate financial records are critical for CRA compliance.

• Corporate bank statements for the entire tax year
• Corporate credit card statements for the entire tax year
• Details of receipts from other businesses deposited into corporate accounts
• Details of corporate investments, loans, or advances (if any)

👉 Bank statements are mandatory, even if bookkeeping software is used, as CRA may request reconciliation support.

4. Tax & Payroll Documents

• Any CRA correspondence, notices, or tax summaries
• Payroll status (active or inactive)
• Any T4A slips received
• Payroll records and remittance details (if applicable)

5. Other Supporting Documents

• Any additional documents relevant to your corporation’s income, expenses, or structure

Why This Checklist Matters

Providing complete and accurate documentation helps to:

• Avoid CRA reviews, audits, or reassessments
• Ensure correct income, expense, and tax reporting
• Reduce penalties and interest
• Speed up refund processing, where applicable

As a licensed CPA firm in Ontario, we prepare corporate income tax returns in accordance with the Income Tax Act, CRA administrative policies, and professional standards.

Frequently Asked Questions (FAQs)

Do I need to provide bank statements if I already use QuickBooks or bookkeeping software?

Yes. CRA requires bank statements to support income, expenses, and reconciliations. Bookkeeping records alone are not sufficient.

Can you file my corporate tax return if I’m outside Ontario?

Yes. We provide corporate tax filing services across Canada, including the GTA, Ontario, and other provinces.

What happens if I don’t add your Group ID in CRA My Business Account?

Without authorization, we cannot e-file your T2 return with CRA, which may delay compliance and increase penalties.

Do you require in-person meetings?

No. Our process is fully digital, using secure document sharing and electronic signatures.

Why Choose Momentum Accounting CPA Professional Corporation

✔️ Corporate tax filing for Hamilton, GTA, and Canada-wide businesses

✔️ Secure, paperless process with electronic signatures

✔️ Strong expertise in CRA compliance and corporate reporting

✔️ Integrated support for bookkeeping, payroll, GST/HST, and tax planning

Need Help With Corporate Income Tax Filing?

If you are looking for a corporate accountant in Hamilton, the GTA, or anywhere in Canada, we’re here to help.

📞 Phone: 647-282-0000

📧 Email: info@momentumaccountingcpa.ca

🌐 Website: www.momentumaccountingcpa.ca