Corporate Tax ReturnsT2 & Alberta AT1 returns for Edmonton-area corporations
We prepare federal T2 and Alberta AT1 corporate income tax returns, year-end financial statements, and the slips that go with them for small and owner-managed corporations in Sherwood Park, Edmonton and across Alberta — and help owners plan how to pay themselves.
Corporate Tax Returns in Brief
- Who it’s for
- Canadian-controlled private corporations, holding companies, incorporated professionals and trades, and newly incorporated businesses.
- What’s included
- T2 and Alberta AT1 returns, year-end financial statements from your records, T4/T5 slips, and instalment calculations.
- Deadlines
- Returns are due 6 months after your year-end. Any balance is due 2 or 3 months after year-end.
- 2026 rates
- Combined federal + Alberta rate of 11% on the first $500,000 of active business income for qualifying CCPCs; 23% general rate.
Corporate Filings & Planning
One team handles your books, year-end and returns, so nothing falls between the cracks.
Federal T2 Return
The T2 corporation income tax return with the schedules your corporation needs — including the small business deduction, capital cost allowance and GIFI financial data.
Alberta AT1 Return
Alberta administers its own corporate income tax. We prepare the AT1 return for Alberta Tax and Revenue Administration alongside your federal T2, and confirm whether your corporation qualifies for an AT1 filing exemption.
Year-End Financial Statements
Financial statements prepared from your records using ASPE as a framework, for tax filing, your bank and shareholders. If your lender requires a review or audit, we coordinate with a firm licensed for public accounting in Alberta.
Salary vs. Dividends
Planning how owners take money out of the corporation — salary, dividends or a mix — considering personal tax, CPP, RRSP room and the corporation’s cash needs.
Instalments & CRA Follow-Up
Corporate instalment schedules to avoid interest, plus responses to CRA and Alberta TRA review letters with your authorization.
CRA correspondence →New & Inactive Corporations
First-year returns, choosing a fiscal year-end, and filing for corporations with little or no activity — a resident corporation must generally file a T2 every year, even with no tax payable.
From Year-End to Filed Return
A clear process with a written engagement letter and fixed scope.
Corporate Tax Deadlines
Corporate deadlines are tied to your fiscal year-end, not the calendar year. For example, a December 31 year-end means a June 30 filing deadline.
| When | What is due |
|---|---|
| Monthly or quarterly | Instalment payments, if your corporation’s tax payable exceeds the CRA threshold. |
| 2 months after year-end | Balance of tax due for most corporations. |
| 3 months after year-end | Balance due for many Canadian-controlled private corporations that claimed the small business deduction (conditions apply). |
| 6 months after year-end | T2 return due to the CRA and AT1 return due to Alberta Tax and Revenue Administration. |
| Last day of February | T4 and T5 slips for salaries and dividends paid in the previous calendar year. |
Rates shown are the 2026 combined federal and Alberta corporate income tax rates. The small business rate applies only to active business income of qualifying Canadian-controlled private corporations, and can be reduced by passive investment income.
What to bring
- Bank and credit card statements to your year-end
- Your bookkeeping file (QuickBooks Online or similar) or records
- Sales and purchase invoices, and loan statements
- Payroll records and any T4/T5 slips issued
- Last year’s T2, AT1 and financial statements (new clients)
- Articles of incorporation and share register
- Asset purchases and sales during the year
- CRA and Alberta TRA notices received
Related services
Corporate Tax Questions
The T2 return is due six months after the end of your corporation’s tax year — for a December 31 year-end, that is June 30. Any balance of tax is usually due two months after year-end, or three months for many Canadian-controlled private corporations that claim the small business deduction.
Generally yes. Alberta collects its own corporate income tax, so corporations with a permanent establishment in Alberta file an AT1 with Alberta Tax and Revenue Administration in addition to the federal T2. Some corporations qualify for an AT1 filing exemption; we confirm this for you each year.
For 2026, qualifying Canadian-controlled private corporations pay a combined federal and Alberta rate of 11% (9% federal plus 2% Alberta) on up to $500,000 of active business income. Income above that, or income that does not qualify, is taxed at the general combined rate of 23%.
Generally yes. Every resident corporation must file a T2 return for each tax year, even if it had no income or no tax to pay. Not filing can lead to penalties and problems with the CRA and the corporate registry.
It depends on your personal income, whether you want CPP contributions and RRSP room, and your corporation’s plans. We model both options as part of your year-end so you can decide with the numbers in front of you.
Yes. With your authorization we obtain prior-year returns and working papers, and we can register as your representative with the CRA so the handover is smooth.
Book a Free Consultation
Broadmoor Accounting & Financials
Reach us by phone, email, or in person at our Sherwood Park office. Initial consultations are complimentary.
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Office Address12 Blackfoot Road, Unit #6
Sherwood Park, AB T8A 4P4