Corporate Tax
in Mississauga

We handle T2 corporate tax returns, tax planning, GST/HST filings, financial statement compilation, and more.

Filing corporate tax returns can be time-consuming and overwhelming—especially when you're focused on running and growing your business. From managing customers and sales to overseeing operations and vendors, your time is better spent on what truly drives your business forward.

In today’s digital world, having a strong online presence is also crucial, as most people search for services and businesses online. That adds another layer to your list of responsibilities.

At M7 Group, we offer a comprehensive range of financial services tailored to business owners. Our CPAs and expert accountants bring extensive experience and in-depth knowledge when it comes to corporate taxes in Mississauga. We pride ourselves on delivering consistent value to our clients, many of whom have trusted us with their businesses for years. Our team stays up to date with CRA regulations and filing requirements to ensure your corporate tax returns are accurate, compliant, and submitted on time.

Let M7 take the stress of corporate tax off your plate so you can stay focused on growing your business.

Yes, at M7 Group, we go beyond just filing your corporate tax return. We create personalized tax strategies tailored to your unique business structure and financial goals. Our goal is to help you minimize what your business owes legally, while ensuring full compliance with CRA regulations.

We take the time to understand your industry, your revenue streams, and your growth plans so we can identify opportunities for tax deductions, deferrals, and credits that are often overlooked. Whether you’re a startup, a growing corporation, or an established enterprise, we work closely with you to ensure your business is set up for long-term success—not just at tax time, but year-round.

Our team continuously monitors changes in tax legislation, so we can proactively advise you on how those changes might impact your business. With M7 Group, you’re not just getting a tax preparer—you’re gaining a strategic partner who helps you keep more of what you earn and keeps you ahead of the curve.

Not at all. At M7 Group, we proudly work with businesses at every stage—from brand new startups navigating their first fiscal year to growing small businesses and well-established corporations with complex structures. Whether you’re just getting off the ground or you're looking to optimize the financial side of an already successful operation, our team has the experience and flexibility to meet your unique needs.

We understand that every business is different, which is why we tailor our approach based on where you are in your journey. From helping startups set up their financial systems and stay compliant, to offering strategic tax planning and corporate restructuring for mature companies, M7 Group supports entrepreneurs and corporations alike across Mississauga and the entire GTA.

Our CPAs and tax professionals have extensive experience in Canadian corporate tax, including specialized knowledge in filing for CCPCs as well as publicly traded corporations. We understand the unique tax rules, incentives, and compliance requirements that apply to each structure and leverage this expertise to help your business reduce its tax liability while remaining fully compliant with the CRA.

Whether you're managing retained earnings within a CCPC, navigating associated corporation rules, or dealing with more complex reporting requirements for public companies, our team is equipped to guide you through it all. At M7 Group, we ensure that your corporate tax filings are not only accurate and timely but also strategically aligned with your long-term financial goals.

Absolutely. At M7 Group, we can assist you from day one by helping you incorporate your business and ensuring it’s properly registered with the CRA and the relevant provincial authorities. Whether you're forming a federal or provincial corporation, we’ll walk you through the legal structure that best suits your goals—such as a Canadian-Controlled Private Corporation (CCPC)—and handle all the necessary filings on your behalf.

We also make sure your business is set up for success by registering for programs like the GST/HST, payroll, and WSIB where applicable, so you avoid costly delays or compliance issues later on. Our team ensures that your company’s foundation is strong and aligned with CRA regulations from the very beginning, giving you peace of mind as you focus on building your business.

Common benefits of incorporation:

• Tax deferral opportunities on personal income.
• Income leveling.
• Tax-fee transfer of assets to the corporation.
• Possibility of lower on the sale of the business (lifetime capital gain exemption).
  
  

Common drawback of incorporation:

• Higher administrative costs.
• If you are not a permanente resident of Canada or Canadian citizen: not all provinces will allow incorporation.
• No depreciation expense in the year of transferring business assets to the corporation (on the personal return).

Not at all. While M7 Group is proudly rooted in Mississauga and we have deep expertise in supporting local businesses, our services extend far beyond the city. We work with clients across the entire Greater Toronto Area (GTA) and serve businesses remotely throughout Canada.

Whether you're based in Toronto, Oakville, Brampton, Vaughan, or operating in another province altogether, our cloud-based systems and secure client portal make it easy to collaborate, exchange documents, and receive expert tax and accounting support—no matter where you are. Our goal is to provide the same level of personalized service and strategic insight, whether you're meeting with us in person or working with us online.

Yes, our team at M7 Group ensures that your GST/HST returns are prepared accurately and filed on time to help you avoid costly penalties and interest. We understand how easy it can be for business owners to miss a deadline or make an error when juggling multiple responsibilities, which is why we take this burden off your plate.

Whether you file monthly, quarterly, or annually, we track your reporting schedule, review your records for accuracy, and help you claim all eligible input tax credits (ITCs) to maximize your tax recovery. Our proactive approach ensures you remain compliant with CRA requirements while keeping your cash flow healthy and your business audit-ready.