Corporation Tax Preparation Checklist

Corporation Tax Preparation Checklist

Corporation Information

  • Corporation year-end bank account balance

If this is the first year of corporation tax filing, please provide

  • Corporation name
  • Corporation number
  • Incorporation date
  • Corporation address
  • Corporation business number
  • Corporation main product or service
  • Shareholders’ name and percentage of share
  • Director or President’s Name and Phone Number

If this corporation filed tax before, please provide

  • Previous corporation tax return

Corporation Income

  • Corporation Gross Income (net of HST)

Corporation Expenses (net of HST)

  • Advertising and promotion
  • Business insurance
  • Business taxes, licences and memberships
  • Computer-related expenses
  • Credit card charges
  • Donations
  • Franchise fees
  • General and administrative expenses
  • Home office expenses
  • Interest and bank charges
  • Meal and entertainment
  • Office expenses
  • Professional fees
  • Purchase of materials
  • Rental
  • Salaries and wages(attach T4)
  • Shipping and warehouse expense
  • Subcontracts
  • Supplies
  • Telephone
  • Training
  • Travel expenses
  • Vehicle expenses (kilometres drove to earn business income)
  • Other expenses


  • Shareholders’ Dividend (attach T5)

Account R/P

  • Account receivable
  • Account payable

Cost of Corporation Capital Assets

  • Equipment
  • Others

You can download the checklist.