T2 for Professional Corporations

Master T2 for Professional Corporations
A complete, step-by-step system from fundamentals to final filing
With real case simulations and hands-on exercises

 

5+ HrsBeginner → Intermediate | Self-Paced | Case-Based

What You’ll Achieve

By the end of this course, you will be able to:

 

✔ A Clear System to Prepare T2 Returns for Professional Corporations
✔ Understand how professional corporations are taxed
✔ Confidently handle expenses, CCA, and adjustments
✔ Plan salary vs dividends with clarity
✔ Work through real medical & dental practice cases
✔ Prepare key T2 schedules (S1, S7, S8, S50) step-by-step

Who This Course Is For

This course is ideal for:

  • Accountants and tax preparers working with incorporated professionals
  • Bookkeepers looking to move into corporate tax
  • Professionals supporting doctors, dentists, consultants, etc.
  • Students or beginners who want practical, real-world T2 skills
  • Anyone tired of “theory-heavy” learning and wants a clear system

🚫 This Course Is Not For

  • Absolute beginners with no accounting or tax background
  • Individuals looking for personal (T1) tax training
  • Those seeking theory-only content without practical application

What’s Included

5+

Hours of Structured Video Training

Step-by-Step

T2 Filing Workflow

2

Full Case Studies (Medical + Dental Practices)

Hands-On

Exercises in Every Module

Real-World Scenarios

(Income, CCA, SBD, Compensation)

Knowledge Checks +

Guided Learning Path

Curriculum

🏢 Module 0 – Course Orientation
  • ✅ How to use the course effectively
  • ✅ Learning pathway based on your level
  • ✅ Simulation & case-based approach explained
📊 Module 1 – Foundation & T2 Orientation
  • ✅ How professional corporations are taxed
  • ✅ Core T2 workflow (big picture)
  • ✅ Key schedules & tax vs accounting income
  • ✅ Prepare you for Modules 2–7
📘 Module 2 – Income Classification & SIB Rules
  • ✅ Structure and tax treatment of professional corporations
  • ✅ Small Business Deduction (SBD) basics
  • ✅ Key differences vs regular corporations
  • ✅ Why professionals incorporate (real-world context)
  • ✅ Start of hands-on case: Southgate Medical PC
📈 Module 3 – Expenses & Assets
  • ✅ Deductible vs non-deductible expenses
  • ✅ Common expenses in medical/dental practices
  • ✅ Capital assets vs current expenses
  • ✅ Capital Cost Allowance (CCA) + half-year rule
  • ✅ Continuing Southgate Medical PC (from Module 2)
💡 Module 4 – Passive Income & Tax Planning
  • ✅ Active vs passive income breakdown
  • ✅ Understanding AAII (Adjusted Aggregate Investment Income)
  • ✅ SBD reduction rules and thresholds
  • ✅ Step-by-step calculation of SBD impact
  • ✅ Real case application with planning insights
  • ✅ Continuing Southgate Medical PC scenario
🕒 Module 5 – Physician Compensation Planning
  • ✅ Salary vs dividends (clear, practical comparison)
  • ✅ Eligible vs non-eligible dividends explained
  • ✅ Corporate–personal tax integration simplified
  • ✅ Compensation planning strategies for professionals
  • ✅ Scenario-based exercises (salary, dividend, combined)
  • ✅ Continuing Southgate Medical PC scenario
🎯 Module 6 – Preparing the T2 Return
  • ✅ Connecting financial statements to T2
  • ✅ Step-by-step completion of key schedules (S1, S7, S8, S50)
  • ✅ Income reconciliation (accounting → tax)
  • ✅ Final tax calculation process
  • ✅ Common CRA audit risk areas to watch
  • ✅ Continuing Southgate Medical PC scenario
📜Module 7 – Capstone Case (Full Application)
  • ✅ Complete T2 workflow on a new case (BrightSmile Dental PC)
  • ✅ Apply income adjustments, CCA, and SBD rules
  • ✅ Analyze passive income impact on taxes
  • ✅ Work through compensation decisions (salary vs dividend)
  • ✅ Build end-to-end confidence with full case execution

Meet Your Instructor

Harsh Oza is the Founder of FinTech College with 30+ years of experience in tax and accounting.
He has trained 2,500+ students across Canada and worked with 450+ businesses.
His teaching focuses on practical, real-world application of T2 and corporate taxation.

What Students Say

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⭐️⭐️⭐️⭐️⭐️
The case studies made everything click. I feel confident now preparing T2’s.

— Heather L.

⭐️⭐️⭐️⭐️⭐️
Clear, structured, and straight to the point. No wasted time. The instructor is knowledgeable.

— Lynn P.

⭐️⭐️⭐️⭐️⭐️
Perfect for anyone working with professional corporations. This is my second course, I purchased after real estate corporations. Simply Awesome, both the courses!

— Arunthathy V.

⭐️⭐️⭐️⭐️⭐️
Structured and step-by-step way to filing T2’s. Explains complex topics in a very simple way.

Mike A.

⭐️⭐️⭐️⭐️⭐️
I was doing bookkeeping for professional corporations but always felt unsure when it came to T2 filings. This course connected everything — from financials to tax adjustments. I’m now much more confident handling T2s on my own.

Inderjit S.

⭐️⭐️⭐️⭐️⭐️
I had basic tax knowledge, but applying it to real professional corporations was challenging. The hands-on exercises and full case simulation gave me clarity. I’m now able to review and prepare T2s with much more confidence.

Helen M._

⭐️⭐️⭐️⭐️⭐️
As a bookkeeper, I used to stop at year-end financials. T2 was always intimidating. This course broke it down in a very practical way — especially CCA and SBD. I now feel comfortable taking on T2 work for my clients.

Dennis G.

Frequently Asked Questions

Is this course beginner-friendly?

Yes — but basic accounting knowledge is recommended. A beginner pathway is included.

Is this theory or practical?

Highly practical. You’ll work through real case simulations, not just concepts.

Will I learn how to actually prepare a T2 return?

Yes — the course walks you through the full process step-by-step.

What types of corporations are covered?

Professional corporations (medical, dental, consulting, etc.).

Does this include tax planning or just compliance?

Both — including SBD impact, passive income, and compensation strategies.

How long is the course?

The course is 5+ hours, designed to be concise and actionable.

What is the refund policy?

We offer a 14-day results-based money-back guarantee.
To ensure fair use, refund requests require either:

  • Completion of key course modules, or
  • Proof of reasonable attempt (e.g., worksheets or exercises completed)

Will I get a certificate?

Yes, upon completing the course requirements.

Can I learn at my own pace?

Yes — it’s fully self-paced.

Ready to Confidently Prepare T2 Returns for Professional Corporations?

A structured, step-by-step system to take you from financials to final filing using real case studies.

✅ Practical Case-Based Training • Self-Paced • Lifetime Access