Corporate Taxprep has the most comprehensive collection of federal and provincial tax forms and tools designed to simplify
corporate preparation requirements. No wonder virtually all of Canada’s top accounting firms, the CRA and more than half of all
FP500 companies choose it as their tax software of choice.
Maximize your efficiency. Optimize your resources. Improve your bottom line.
Corporate Taxprep is a robust, intelligent and stable platform that has just what you need to streamline your T2 preparation:
T2 Data Connection accelerates your process
Corporate Taxprep’s T2 Data Connection feature reduces tax preparation time by as much as 50 per cent and improves
the accuracy of multi-corporation returns. Find out more.
T2 Data Connection helps you optimize allocations and simplifies the compliance process through:
Automatic data import that cuts your data entry time by
importing relevant data from each of the corporate returns for
multiple corporations that exist within a corporate group.
Intelligent synchronization and diagnostics that flag any
discrepancies between the information entered in the Schedule 9
workchart and in each source file.
Allocation scenarios that allow you to easily optimize the
allocation of various amounts between the various corporations in
GIFI data transfers mean fewer repetitive tasks
With Corporate Taxprep, you can transfer more than 750 different items from the General Index of Financial
Information (GIFI) into 25 different forms, saving time and minimizing data entry errors. Find out more.
For added convenience, Corporate Taxprep even lets you:
Import GIFI items from most accounting and working paper programs.
Speed up review and selection of GIFI codes by giving you side-by-side
views of prior and current year amounts.
Diagnostics reduce errors and rejections
With more than 3,000 diagnostics and edit checks, Corporate Taxprep can help you avoid costly filing errors,
processing delays or even return rejections. Plus, diagnostics are easy to access. Find out more.
Diagnostics are displayed for quick reference as you work on returns. Plus, you can:
View a complete list of diagnostics.
Click for comprehensive explanations.
The Specialized Information Module makes compliance easier
Sold separately, the module contains forms and calculations for the special compliance needs of the resource
industry, credit unions, non-profit corporations or financial institutions. Find out more.
The Specialized Information Module gives you access to:
26 federal and provincial forms for specialized returns
15 federal and provincial capital tax forms
3 federal and provincial forms for credit union filings
8 federal and provincial forms required for filing returns for the resource industry
1 form that allows you to include in income any tax credit amount,
deduction or any other amount that is deemed to be an inducement or
government assistance, and that also allows you to keep track of tax
credits that should reduce the capital cost of property
Each version of Corporate Taxprep can be used to handle multiple tax year-ends. Find out more.
How does the flexible versioning system work?
When you click on a file, this feature automatically launches the
appropriate version of Corporate Taxprep for that year-end.
Tax planning aids enable you to retain and attract more clients
Corporate Taxprep helps you deliver value-added client services like tax planning, with features including
a Tax Rates Table and a Five-year Summary. Find out more.
It’s easy to provide value-added client services with Corporate Taxprep.
A Tax Rates Table helps you quickly calculate the impact of
proposed rate changes.
A Five-Year Summary gives you a quick overview of federal and
provincial returns for the last five years.
The Corporation Internet Filing Module makes it easy to EFILE
The module allows you to seamlessly EFILE T2 and Québec CO-17 returns – as well as NETFILE Alberta returns.
You can even EFILE supporting documents like JPGs, GIFs and PDFs with your CO-17 returns. And Corporate Taxprep
has handy features like smart diagnostics and more. Find out more.
Corporate Taxprep makes EFILING easy with:
Smart diagnostics that flag returns that are subject to mandatory
electronic filing requirements
Comprehensive error identification tests that identify
potential errors, ensuring they are corrected before you transmit
EFILE and NETFILE status appearing as optional columns in your
Client Manager view
Enjoy quick access to premier content and award-winning tools
Get your questions answered and stay up to date with links to Income Tax Act and Preparing Your Corporate Tax Returns
(both sold separately). And Corporate Taxprep has InfoConnect functionality. Find out more.
What do you receive with InfoConnect functionality?
It gives you access to excerpts of entire documents that are available
on the new IntelliConnect research platform.
What is IntelliConnect*?
It’s the industry’s leading research platform. It serves as a gateway to
Wolters Kluwer’s premier content, award-winning tools and innovative
integration – with new enhancements coming soon.
Requires a comprehensive Wolters Kluwer Tax Research subscription for
Take advantage of innovative integration
You can do even more with Corporate Taxprep when you integrate with other Wolters Kluwer tax research and software.
You receive industry-leading support, service and training
With Corporate Taxprep you get Wolters Kluwer’s best-in-class tax and technical support and service.
You also have access to industry-leading training delivered by phone, webinars, in-class sessions and conferences.
There’s Corporate Taxprep Lite for firms that do low volumes of corporate returns
Corporate Taxprep Lite offers all the essential features of Corporate Taxprep at a lower cost.
However, there are some restrictions. Find out more.
Corporate Taxprep Lite can only be used to prepare returns for
Canadian Controlled Private Corporations (CCPC). Plus, the software: