About UsPricingReviewsContact UsClient Portal loginBook a Free 30-Min Call
About UsPricingReviewsContact UsClient Portal loginBook a Free 30-Min Call
Services
Get caught up
Catch-Up BookkeepingFrom $1,800Books & payroll
BookkeepingFrom $350/monthPayrollGet a quoteSR&ED ClaimsEnd-to-end SR&ED claims, quoted after consultationSR&ED for Software CompaniesQuoted after consultationSR&ED-Ready BookkeepingBooks + T2 for SR&ED claimsTax filing
Corporate Tax (T2)From $800 · nil T2 from $249GST/HST Filing$150 per returnPersonal Tax (T1)From $110 · students from $49Sole Proprietor Tax (T1 + T2125)From $300Start & grow
IncorporationFrom $499 + gov feesVirtual CFOFrom $2,500/monthAI Consulting & AutomationFor small businessesIndustries
Construction & tradesConsultantsTech startupsReal estateHealthcareSee all industries →More
PricingService areasAll services →Corporate Tax Accountant in Markham
Corporate Tax Accountant in Markham
CPA-led T2 preparation and e-filing for Markham tech companies, consultants and import businesses. T2 returns from $800.
- CPA-led by Wajahat Ajmal, CPA, FCCA
- Price matching, when agreed before you sign our proposal
- No surprise bills: the price is fixed before we start
- We reply within one business day
Corporate tax for Markham corporations
Markham’s technology sector shapes its T2s. A small software company may be doing work that qualifies for SR&ED, an IT consultant’s one-person corporation may carry personal services business risk, and many companies earn revenue in US dollars or hold foreign property. Each of those adds schedules, forms or elections that a basic return doesn’t have, and each needs someone who will actually ask the questions.
I’m Wajahat Ajmal, CPA, FCCA. T-Ledgers is a CPA-led accounting firm practising since 2020. We file for Markham corporations online, by phone, video and email; in-person meetings are at our Etobicoke or Mississauga office.
Markham corporations we file for most often: software and IT companies, one-person consulting corporations, importers and retailers along Highway 7, and restaurants.
Markham rules that affect your T2
← Swipe to compare →
| Local rule | How it shows up on your T2 | Official source |
|---|---|---|
| City of Markham business licences | Markham licenses specific businesses under By-law 2018-90 and vehicle-based businesses under By-law 2022-20. Most offices and consultancies don’t need one. Fees are deducted in the year paid. | City of Markham business licence |
| York Region Public Health | Inspection-driven renovations go on Schedule 8 as capital. | York Region food premises operators |
| Ontario land transfer tax | Added to the cost of Markham property, driving CCA and the later gain. | Ontario land transfer tax |
Law: Municipal Act, 2001 s.151(1) (business licensing); Land Transfer Tax Act s.2(1) (Ontario land transfer tax); Health Protection and Promotion Act s.16(1) (food premises).
A typical Markham T2
An illustrative example (not a client story). A Markham software company with four developers bills a US customer and holds US-dollar cash. On the T2 we translate foreign balances, record exchange gains, check whether foreign property passes the $100,000 T1135 threshold, and confirm the small business deduction. Because developer time was tracked by project during the year, the company can consider an SR&ED claim (narrative, T661 and Schedule 31), which we quote after consultation.
What’s different for Markham corporations. Markham tech companies often claim SR&ED, receive government grants, or have foreign investors. Grants, including those administered by the Markham Small Business Centre, generally reduce related costs or are taxable (see Income Tax Act s.12(1)(x)). Foreign or public-company investors can cost the company its CCPC status and refundable credits, so we check ownership before filing.
Import and wholesale corporations along Highway 7 need foreign-exchange gains and losses on supplier balances reported, and a T1135 if foreign property costs more than $100,000. We check both when preparing the T2. For startups with losses, we track non-capital losses so they’re available against future profits.
What our T2 service covers
- Full T2, schedules and GIFI
- CPA review and e-filing
Scope, deadlines and the 11.2% small business rate are on our main corporate tax (T2) page.
Law: Income Tax Act s.150(1) (filing returns); Income Tax Act s.157(1) (payment by corporation); Income Tax Act s.125(1) (small business deduction); Income Tax Act s.162(1) and (7.2) (late filing and e-filing penalties); Ontario corporate income tax rates.
Corporate tax pricing in Markham
← Swipe to compare →
| Service | Price |
|---|---|
| T2 return | ✓From $800 |
| Nil T2 | ✓From $249 |
| SR&ED claim, prepared end to end (including the T661) | Quoted after consultation |
| Catch-up years | Included in catch-up bookkeeping, from $1,800 per year |
CAD, plus HST/GST. See plans and pricing.
We don’t have a Markham office; meetings are at our Etobicoke or Mississauga office, by appointment.
Reviewed by Wajahat Ajmal, CPA, FCCA. Updated October 14, 2026. Official sources checked October 2026.
Corporate tax in Markham: FAQs
Can you prepare an SR&ED claim with my T2?
Yes. We prepare the claim end to end, including the narrative, T661 and Schedule 31, and file it with the T2. It is quoted after consultation.
How much does a corporate tax return cost in Markham?
From $800 plus HST/GST for a simple T2 and from $249 for a nil T2. Foreign reporting is quoted separately, and SR&ED is quoted after consultation.
Does my corporation need to file a T1135?
If it held specified foreign property costing more than $100,000 at any time in the year, generally yes. We check and quote it separately.
Do you have an office in Markham?
No. We work with Markham clients online; meetings are at our Etobicoke or Mississauga office, by appointment.
Will a foreign investor affect my Markham company's taxes?
It can. If non-residents or public companies control the corporation, it may lose CCPC status, the small business rate and enhanced SR&ED credits. We review the share register before filing.
Ready to get your T2 off your desk?
Whether your year-end just passed, you’ve got a nil return to file for a holding company, or you’re a few years behind and dreading it, the first step is a free 30-minute call with a CPA. We’ll look at where things stand and send a fixed price, mostly within one business day. If you have a comparable written quote, show it to us before you sign and we’ll match it.
Call (866) 254-5368 or email info@tledgers.ca. A 24/7 receptionist answers, so a real person picks up.