A short YouTube video by Bob Gauvreau giving practical advice on filing corporate year-end taxes in Canada. He explains that corporations can complete and mail a T2 jacket to the Canada Revenue Agency but recommends electronic filing for automatic confirmation and strongly advises working with a designated professional due to filing complexity.
Chapters
How do we even file our corporate year end taxes? Now it's a good question and one that you really need to work with a professional on. If you decide to not work with a professional, how can you file it? You can actually fill out a T2 jacket, complete it with all the information in it, and you can actually mail it to the Canada Revenue Agency. Now our electronic filing is much better. We get an automatic confirmation and a confirmation number that everything's been received. If you mail it, you probably want to mail it in some sort of certifiable mail so that you can track when it was received and that somebody signed for it. I would highlight highly advised though, based on the complexity of what goes into a corporate year end tax filing, that you work with a designated professional to make sure that those filings get done properly and also electronically filed so that you have confirmation that you've done your part.