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Why do I need to convert my T2 Income Returns and Schedules to .cor format?

Why Convert to .cor Format?

Converting your T2 Income Returns and Schedules to .cor format is crucial because for tax years, starting after 2023, the Canada Revenue Agency (CRA) requires all T2 reports to be submitted electronically.

If you submit your reports on paper, you risk facing fines from the CRA. The .cor format is specifically designed for electronic submissions, ensuring that your documents are processed correctly and efficiently.

For small businesses that have been accustomed to filing paper reports, this transition can be daunting, especially since they now need to use certified software to prepare their reports, which can be costly.

pdf2cor.com helps simplify this process, making it easier for businesses to comply with CRA regulations and submit their reports without hassle.

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