CORPORATE YEAR-END TAX PLANNING
Lower Your Corporate Taxes, Increase Your Corporate Profits
Plan ahead before year-end to reduce corporate tax liability and keep more earnings for growth.
What you need to know about Corporate Year-End Tax Planning
Year-End tax planning has huge benefits
Strategic planning can reduce taxable income, identify eligible deductions such as capital cost allowance, business expenses, and executive compensation, and ensure compliance with CRA regulations. Effective year-end planning also supports decision-making for investments, shareholder distributions, and future budgeting.
Year-End planning process
The process involves reviewing corporate financial statements, assessing income and expenses, evaluating eligible deductions, and making strategic decisions for bonuses, dividends, and capital expenditures. Planning before year-end allows corporations to implement actions that directly reduce tax liability and position the company for long-term growth.
Available for both Canadian residents and non-residents
Year-end tax planning is essential for all Canadian corporations, whether operating in Ontario, the GTA, or federally across Canada. Non-resident corporations with Canadian operations also benefit from careful planning, ensuring taxes are optimized while remaining fully compliant with Canadian laws.
Never pay more than you need to
Share information about your self-employment, freelance, or rental income, and every required tax form is added for you.
Whether you’re living in Canada or abroad, all available deductions are identified to help increase your tax savings.
Enjoy peace of mind knowing your return is accurate, compliant, and optimized for the highest possible refund.
Why choose C.A.T.S for your Year-End Tax Planning?
Maximum Refund Guarantee
We search for every eligible deduction and credit to maximize your return.
Specialists in Non-Resident Tax
We understand the complexities of cross-border income, residency changes, and foreign asset reporting.
Completely Done-For-You Process
Send us the required documents and let our team of tax professionals handle the rest.
Why Our Clients Love Us
Frequently asked questions
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Corporate year-end tax planning involves reviewing a company’s financial situation before the fiscal year closes to identify tax-saving opportunities, optimize deductions, and ensure compliance with Canadian federal and provincial tax laws. Proper planning reduces tax liability, improves cash flow, and positions the business for long-term growth.
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All Canadian corporations, including GTA-based companies and non-resident corporations with Canadian operations, can benefit from year-end tax planning. Corporations of all sizes can optimize deductions, manage shareholder dividends, and reduce overall taxes through careful planning.
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Corporations can implement strategies such as accelerating business expenses, claiming capital cost allowance, planning bonuses or shareholder dividends, and reviewing eligible deductions for salaries, benefits, and retirement contributions. These actions directly reduce taxable income and maximize savings.
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Non-resident corporations with Canadian operations can use year-end planning to optimize taxes while staying fully compliant with Canadian corporate tax laws. Strategic planning ensures proper reporting of income, deductions, and shareholder distributions without risk of penalties.
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Year-end tax planning should begin well before the fiscal year ends, ideally several months in advance. Early planning allows corporations to make strategic decisions regarding expenses, dividends, and investments that minimize taxes and improve financial efficiency.
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Yes. Effective year-end tax planning ensures that corporate filings are accurate, deductions are properly claimed, and all CRA regulations are met. This reduces the likelihood of audits, reassessments, and penalties for non-compliance.
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GTA businesses gain optimized corporate taxes, enhanced cash flow, and a clear roadmap for financial decisions. Planning ahead ensures compliance with Ontario and federal corporate tax requirements and maximizes profits for growth and reinvestment.
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Strategic year-end tax planning allows corporations to time and structure shareholder dividends and bonuses in a tax-efficient way, maximizing net income for shareholders while reducing corporate tax exposure.
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No. Year-end tax planning benefits corporations of all sizes, from small GTA-based companies to large non-resident corporations operating in Canada. Proper planning ensures every corporation can reduce taxes and improve financial outcomes.
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