Small Business
Tax Services, Canada
We go beyond simple filing.
We are a team of experts offering the most affordable small business tax services for you in Canada.
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Comprehensive Small Business Tax
Services in Canada
At Bestax, we provide all types of tax solutions for small businesses nationwide. Our goal is to make tax season stress-free for you and fully compliant with the Canada Revenue Agency (CRA).
About Bestax
Bestax is a trusted Canadian tax firm with over a decade of combined experience in accounting and tax solutions. We also specialize in filing T2 corporate tax returns for companies of all sizes. Our team stays up-to-date on new CRA updates.
We help startups and established businesses maximize deductions, claim eligible tax credits, and avoid penalties. We also ensure your business keeps more of its earnings. With Bestax handling your taxes, you can focus on growing your business with confidence.
Our Strength in Numbers
10+
Experience
35+
Professionals
1000+
Clients
100%
Satisfaction
Small Business Tax Filing Made Simple
We simplify the tax filing process so you can save time and avoid costly mistakes.
01
T2 Return Filing
We manage every step of your corporate tax return, from gathering financial statements, receipts to looking at minute book details. We then determine whether your business qualifies for the standard T2 return or the simplified T2 Short Return.
02
Electronic Filing
CRA now requires most corporations to file electronically. Using CRA-approved software, we submit your return directly. We help you avoid penalties while providing instant confirmation and copies for your records.
03
Federal and Provincial Tax Calculation
We calculate both federal and provincial corporate taxes, including the small business deduction. It can reduce federal tax on up to $500,000 of active business income.
04
Instalment Planning & Payment Support
For corporations that owe more than $3,000 in taxes, or have taxable income under $500,000, the CRA requires monthly or quarterly instalments. We help you estimate payments, set a clear schedule, and send reminders so deadlines are never missed.
05
Minute Book & Records Management
Maintaining a proper minute book is a legal requirement in Canada. We organize and update your records, including board resolutions, shareholder meetings, and major corporate transactions, ensuring compliance and peace of mind.
06
CRA Communication & Audit Support
If the CRA has questions about your return or selects your file for review, we act as your direct liaison. From preparing supporting documentation to responding to audits, we manage all communication on your behalf.
Hire Canada’s Trusted Accountants for Tax Returns
Filing taxes doesn’t have to be difficult for small business owners. At Bestax, we simplify the process for you and make sure you are up to date.
Why Choose Our Tax Accountants For Your Start-Up
Expert Guidance
Our advisors keep up with CRA rules. We use the latest knowledge to file your T2 return correctly and on time.
Personalized Strategies
Every business is different from others. We analyse your financials, consider available deductions and credits (including the small business deduction), and draft a plan just for you.
Local Knowledge
Each province has its own corporate tax rates and rules. Our team understands both federal and provincial requirements and ensures you comply with each jurisdiction.
Year-Round Support
We won’t leave you alone after filing. We remind you of instalment deadlines, help you stay current with GST/HST, and keep your minute book organised, a legal requirement for corporations.
Simplified Process
We make filing easy. You upload your documents; we handle the rest. We work with CRA‑approved software to submit your T2 return and provide copies for your records.
Transparent Pricing
You’ll know the cost up front. We offer clear, flat‑fee packages for corporate tax return filing. No surprises, just good value.
Our Approach for Filing Small Business Taxes
At Bestax, our approach ensures your corporate tax return in Canada is accurate, timely, and fully compliant with CRA regulations.
We begin by listening to your business needs. During this meeting, we discuss the following details:
- Your corporate structure
- The fiscal year-end
- Tax obligations you need to abide by
We determine whether your company requires the standard T2 return or the simplified T2 Short Return, and confirm that filing is mandatory, even if no tax is payable.
Next, we review your financial statements, receipts, and minute book. We create a clear plan to meet the CRA’s six-month filing deadline after your fiscal year-end. Then we identify any required instalment payments. Proper planning ensures your corporate tax filing is smooth and avoids late penalties.
We apply all eligible deductions and credits (small business deduction) to reduce your tax liability. Our experts ensure you comply with federal and provincial tax rates. We verify all of your calculations and confirm that your return is ready for electronic filing, helping you avoid CRA penalties.
Our team prepares your T2 return, completes the necessary schedules, and files it for you. We also provide support for other corporate obligations, including payroll, GST/HST remittances, and related tax filings, giving you peace of mind.
Tax regulations frequently change. We continuously monitor updates, adjust your filing strategy, and provide reminders for upcoming deadlines. We also maintain and update your minute book to ensure it is audit-ready and fully compliant with Canadian corporate law.
We believe in transparency. Our team explains complex tax rules in simple terms, answers your questions, and empowers you to understand your tax filing process. This ensures you make informed decisions and feel confident in your business’s compliance strategy.
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Our Success Stories
Kim Angelo
I used Bestax for corporate taxes and honestly the process was so much easier than I expected. They explained everything in simple language, no jargon, and the filing was done on time. I felt confident leaving it in their hands.
Margie Wilson
I recently started my own tattoo parlor, and these guys helped me out from day one. They walked me through setting up my business and gave me sound advice on handling my accounting. What I like most is that they don’t try to oversell you things you don’t need. You can tell they’re more interested
Lisa Wilson
These folks know their accounting. I run a small IT consultancy and they helped streamline my invoices, CRA reports, and year-end tax filings. No more spreadsheets and late nights for me.
Thomas Dawkins
Incorporating my second business felt easy thanks to their help. The whole process was smooth, and they even gave some good tips for naming conventions and tax planning.
Lisa Richards
I can’t say enough good things about them. They made setting up my business a breeze and took care of everything from the HST registration to setting up my corporate tax filings
Frequently Asked Questions
Do all corporations have to file a T2 return?
All resident corporations in Canada, including non-profits, inactive companies, and tax-exempt entities, must file a T2 corporate income tax return every year, even if no tax is payable.
What is the filing deadline for corporate tax returns?
A T2 return must be filed within six months after your fiscal year-end. For example, a December 31 year-end has a filing deadline of June 30 the following year. Missing this deadline can result in penalties and interest from the CRA.
Do I have to file electronically?
For tax years starting after 2023, most corporations are required to file electronically. CRA penalties can reach up to $1,000 for non-compliance. We make sure your filing is submitted correctly and on time.
What is the difference between the T2 and the T2 Short Return?
The standard T2 return is a nine-page form used by most corporations. The T2 Short Return is a simplified two-page version available for certain Canadian-controlled private corporations with nil returns or losses, and some tax-exempt entities.
What if my corporation owes less than $3,000 in taxes?
Corporations owing less than $3,000, including first-year companies, typically pay the balance in full. If your business owes more than $3,000 and has taxable income under $500,000, monthly or quarterly instalments may be required. We can help you calculate and manage payments efficiently.
Can I claim the small business deduction?
Canadian-controlled private corporations may qualify for the small business deduction, which lowers federal tax on the first $500,000 of active business income. Bestax reviews eligibility and ensures the deduction is applied correctly.
What documents do I need to file my T2 return?
You’ll need financial statements (income statement, balance sheet, cash-flow), bookkeeping records, receipts, T-slips, and minute books. Proper documentation ensures accurate reporting and compliance.
Do non-resident corporations need to file a T2?
Non-resident corporations that carry on business in Canada or earn taxable capital gains may be required to file. Bestax can determine your obligations and ensure full CRA compliance.
Why is a minute book important?
Minute books are legally required under the Canada Business Corporations Act. They document board meetings, shareholder resolutions, and key transactions, supporting compliance and simplifying tax filing.
How can a corporate tax accountant help me save money?
A knowledgeable accountant identifies eligible deductions, tax credits, and compliance strategies. Bestax ensures your T2 return is accurate, timely, and optimized, helping you minimize taxes and avoid penalties.