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Advanced T2 for Consruction & Contractors Corporations

Learn how professional accountants prepare T2 returns for construction corporations—from financial statements and WIP to GST/HST, T5018, and CRA-ready filing.

✅ 14+ Hours | ✅ 200+ Lessons | ✅ 8 Modules

Enroll Now – $249

14+ HrsIntermediate to Advanced | Self-Paced | Case-Based

What You’ll Achieve

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

✅ Prepare complete T2 corporate tax returns for construction & contractor corporations

✅ Understand construction-specific accounting concepts including WIP, holdbacks, progress billings, and job costing

✅ Convert financial statements into CRA-compliant T2 tax returns

✅ Complete Schedule 100, Schedule 125, Schedule 1, Schedule 8 and supporting schedules

✅ Apply GST/HST rules, calculate ITCs, and understand construction compliance requirements

✅ Prepare and review T5018 subcontractor reporting

✅ Use ProFile software confidently for real-world T2 preparation

✅ Identify common CRA audit risks and avoid costly errors

✅ Follow a professional accounting firm workflow from client documents to EFILE-ready returns

Who This Course Is For

This course is ideal for:

🏢 Tax Preparers preparing corporate tax returns
📊 Accountants working with construction clients
📚 Bookkeepers looking to expand into corporate tax preparation
🎓 CPA students seeking practical industry experience

🏗️ Professionals serving contractors, builders and construction companies
💼 Small accounting firms wanting standardized construction workflows
👨‍💼 Finance professionals moving into Canadian corporate taxation
🚀 Anyone who wants practical, real-world T2 preparation skills—not just theory

What’s Included

14+

On-Demand Learning

200+

Step-by-Step Lessons

Real World

Case Studies

LIVE Exercises

& Capstone Simulations

Self-Paced

Lifetime Access

Structured Learning Modules

Curriculum

🟦 00 Course Orientation & Construction Foundations

Build the right foundation before preparing your first T2 return.

✅ Course roadmap, learning strategy & success plan
✅ Construction business models and industry terminology
✅ CRA focus areas and common contractor risks
✅ Continuous case study introduced for the entire program

🟦 01 Construction Industry & Corporate Foundations

Understand how construction businesses actually operate

✅ Construction corporations, contractors & subcontractors
✅ Project lifecycle, contracts and progress billing
✅ Job costing, bookkeeping workflows & revenue cycles
✅ Common accounting issues and CRA risk areas
✅ Start of hands-on case: NorthPeak Construction Group Inc.

🟦 02 Construction Accounting Systems, Holdbacks & WIP

Master the accounting concepts unique to construction companies

✅ Balance sheet analysis and financial statement review
✅ Holdbacks and Work in Progress (WIP)
✅ Shareholder transactions and bookkeeping adjustments
✅ Construction-specific reporting risks
✅ Continuing : NorthPeak Construction Group Inc. (From Module 1)

🟦 03 Advanced T2 Preparation for Construction Corporations

Prepare a complete T2 return using real construction data.

✅ Schedule 125 income reporting
✅ Schedule 1 tax adjustments
✅ Capital Cost Allowance (CCA) calculations
✅ Multiple hands-on ProFile live exercises
✅ Continuing : NorthPeak Construction Group Inc.

🟦 04 Advanced GST/HST, T5018 & Construction Compliance

Handle the compliance areas that challenge most accountants

✅ GST/HST calculations and ITC eligibility
✅ Holdback GST treatment
✅ T5018 subcontractor reporting
✅ CRA audit risks and compliance reviews
✅ Continuing : NorthPeak Construction Group Inc.

🟦 05 Software Training & Complete T2 Filing

Complete an engagement exactly like a professional accounting firm.

✅ Schedule verification and GIFI mapping
✅ Diagnostic error resolution
✅ EFILE-ready T2 preparation
✅ Continuing : NorthPeak Construction Group Inc.

🟦 06 Real-World Engagement Management

Learn how accounting firms manage client engagements.

✅ Working paper systems and file organization
✅ Audit-ready documentation
✅ Senior review simulations
✅ Client communication and engagement management
✅ Completing: NorthPeak Construction Group Inc.

🟦 07 Capstone Case Study & Final Simulation

Bring everything together in a complete real-world engagement.

✅ Complete Harbourstone Builders case study
✅ End-to-end T2 preparation and review
✅ Multiple live filing simulations
✅ Final capstone project with EFILE readiness

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

⭐️⭐️⭐️⭐️⭐️
I’ve been doing bookkeeping for years, but I always had to refer corporate tax work to someone else. After completing the T2 for Trades course and this Construction T2 course, I finally understand the complete workflow—from bookkeeping adjustments to preparing a corporate return. I now feel confident offering T2 services to my existing contractor clients instead of sending them elsewhere.

— 👨‍💼 Hanna H.

⭐️⭐️⭐️⭐️⭐️
Many of my clients are trades businesses, so I started with the T2 for Trades course. When the Construction T2 course was released, it filled in the industry-specific areas like holdbacks, WIP, GST/HST, and T5018 reporting. The two courses complement each other perfectly and have given me the confidence to expand my services.

— 👩‍💼 Stephanie M., Tax Practitioner

⭐️⭐️⭐️⭐️⭐️
These courses helped bridge the gap between bookkeeping and corporate tax. The live exercises, complete workflow, and capstone simulation made the learning experience feel very close to working on actual client files. I now feel much more prepared to take on T2 engagements.

— 👨‍💼 Mauricio P., Accountant

⭐️⭐️⭐️⭐️⭐️
I’ve prepared corporate tax returns for years, but construction files always required extra research because of holdbacks, WIP, and T5018 reporting. This course brought all of those concepts together in one practical workflow. It has become my go-to reference for construction engagements.

—🔨 Meena K., Senior Accountant

⭐️⭐️⭐️⭐️⭐️
We already prepare T1s, T2s, and GST/HST returns, but construction clients have unique challenges that aren’t covered in most tax training. The real-world case study and ProFile demonstrations made it much easier to standardize our year-end process for contractor clients.

—🚐 Lynne T., Tax Preparer

⭐️⭐️⭐️⭐️⭐️
I purchased both the T2 for Trades Corporations course and the Construction T2 course. Together they provide a comprehensive understanding of contractor businesses, from bookkeeping and tax adjustments to compliance and final filing. They’ve strengthened the quality and consistency of our construction tax engagements.

—📚 Robert C., Tax Consultant

⭐️⭐️⭐️⭐️⭐️
I appreciated that the course mirrors the workflow used in a professional accounting firm. The emphasis on diagnostics, review procedures, and audit-ready documentation makes it valuable not only for new preparers but also for experienced practitioners looking to improve consistency.

—👩‍💼 Olga P., Junior Tax Accountant

⭐️⭐️⭐️⭐️⭐️
As our construction client base continued to grow, I wanted a structured resource that my staff could follow. This course has helped us establish a more consistent review process and improve our confidence when handling construction-specific tax issues.

—👨‍💼 Jason H. — Owner, Accounting & Tax Practice

Frequently Asked Questions

Is this course suitable for beginners?

Yes. While the course covers intermediate and advanced topics, each concept is explained step by step. Basic accounting knowledge is recommended.

How long is the course?

The course includes 14+ hours of video training across 203 lessons.

What construction topics are covered?

Topics include WIP, holdbacks, progress billings, job costing, GST/HST, T5018 reporting, CRA compliance, CCA, Schedule 100, Schedule 125, Schedule 1, Schedule 8, and complete T2 preparation.

Is the course self-paced?

Yes. Learn anytime, anywhere, at your own pace.

Does the course include practical exercises?

Yes. Throughout the course you’ll complete exercises and work through comprehensive real-world construction case studies.

Will I have lifetime access?

Yes. Once enrolled, you’ll have lifetime access to the course, including future updates.

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, certificate requirements are covered inside the course orientation module.

Which tax software is used?

The course includes hands-on training using Profile tax software.

Can I access the course on mobile devices?

Yes. The course can be accessed on desktop, tablet, and mobile devices with an internet connection.

Can business owners take this course?

Yes. While the course is designed primarily for accounting and tax professionals, incorporated trades business owners can also benefit from understanding the T2 preparation process.

Ready to Master T2 Returns for Construction & Contractor Corporations?

Stop relying on theory alone.
Learn the complete, real-world workflow used to prepare T2 returns for construction businesses—from financial statements to CRA-ready filing.

🏗️ WIP • Holdbacks • GST/HST • T5018 • T2 Preparation

👉 Start Learning Today – $249