Business taxes online in Quebec and Ontario
Do you run a small business incorporated in Quebec or Ontario and are looking for an online solution to complete and submit your corporate tax return? You've come to the right place!
At T2inc.ca, we understand the importance of accurate, fast and error-free filing. That's why we offer three online packages for filing your corporate tax returns, all assisted by real, experienced tax professionals.
Don't worry about errors or delays, and save time and money in the process. With our team at your side, your corporate taxes have never been easier!
Bronze packag
from CA$299.00
- Basic solution, without support or verification
- Mechanical preparation of your returns with the information provided following the survey
Silver Package
starting at CA$499.00
- Advanced solution including support and verification
- Analysis of your financial statements and final returns, to ensure advanced tax compliance
- Mechanical preparation of your returns with the information provided following the survey
Gold Package
from CA$ 899.00
- Premium solution including support and audit
- In-depth analysis of your returns by a tax specialist for optimization
- Analysis of your financial statements and final returns, to ensure advanced tax compliance
- Mechanical preparation of your returns with information provided during analysis
An ideal online solution for T2 and CO17 tax returns for SMEs
Easy, step-by-step filing of T2 or CO-17 returns
Preparing your T2 or CO-17 tax returns has never been easier, thanks to our intuitive and proven online solution. Whichever package you choose, we offer you a seamless and secure solution for filing and submitting your business taxes. You'll receive a comprehensive guide detailing the specifics of corporate taxation in Canada, instructional videos to help you complete your return, and the assistance of a team of experienced tax professionals to verify your documents before submission.
With T2inc.ca, you'll gain time and confidence, with every step guaranteed to help you achieve perfect compliance with tax requirements.
File your corporate tax returns and we'll take care of the rest
With our tailored packages, you choose the level of assistance that's right for you. With the Bronze package, you complete your returns, then our experienced team verifies and submits your documents to the relevant authorities, ensuring their compliance. With our Silver package, you complete your T2 and/or CO 17 declaration, then we carry out a thorough check before sending it off. With our Gold package, you'll receive the assistance of a true corporate tax specialist for the completion and submission of your return to the tax authorities, and benefit from an analysis of your current tax strategy to obtain recommendations tailored to the uniqueness of your organization.
Whichever package you choose, you can be sure of receiving the excellent service for which T2inc.ca is renowned.
Why choose T2inc.ca to complete your T2 and CO-17 returns?
Unparalleled expertise for your Canadian business taxes
At T2inc.ca, our team stands out for its high-level tax expertise. We are proud to bring together qualified tax accountants, at the cutting edge of regulations in both Quebec and Ontario. This dual expertise enables us not only to guarantee you accurate and compliant T2 and CO-17 returns, but above all to help you develop your business through proven advisory services.
Our approach goes far beyond simple data entry. Depending on the package you choose, we can maximize your tax benefits, identify opportunities for tax savings, and help you avoid omissions that could result in penalties. By drawing on our joint expertise in the different provinces, we are committed to providing you with exceptional service, tailored to the specific needs of your business. As a result, you benefit from proactive and efficient tax management, perfectly tailored to your needs, whether you operate in Quebec, Ontario or any other Canadian jurisdiction.
Comprehensive services to get your business up and running with ease
We know that corporate taxes aren't the only obligations of a business. Starting up or managing your company can be a real challenge for entrepreneurs. That's why we offer a full range of services to simplify your day-to-day business life... From the initial incorporation of your company to the preparation of regular tax returns, we support you every step of the way with state-of-the-art online solutions and personalized consulting services.
Whether you have questions about tax returns, accounting, or even the best way to structure your business, our team is here to provide clear answers and sound advice. With our holistic approach and commitment to your success, we strive to provide you with a hassle-free experience in managing your business.
Testimonials
"As the manager of a fast-growing SME in the technology sector, I opted for the OR package. The team not only helped us file our returns, but also recommended tax optimizations that had a positive impact on our bottom line."
"I chose the Bronze package because it was perfect for my need. Preparing my tax return was quick and hassle-free. For a small business like mine, this basic service with no support or audit was exactly what I needed to stay in good standing without complication."
"The package was an excellent choice for my company. The analysis of my financial statements and my latest return helped me better understand and manage my tax obligations. It's a valuable service for small businesses looking for a little extra guidance."
What are the corporate tax rates in Quebec or Ontario?
In Quebec, corporate tax rates vary according to the level of taxable income. In 2023, for small businesses, the tax rate is 4% on the first $500,000 of taxable income. This rate rises to 11.7% for income in excess of this threshold.
In Ontario, corporate tax rates also vary according to the level of taxable income. In 2023, the tax rate for small businesses is 3.2% on the first $500,000 of taxable income, rising to 11.5% for income in excess of this amount.
These rates are subject to periodic adjustments, so it's advisable to check current rates with tax authorities or accounting professionals for the most up-to-date information.
How do I file corporate tax returns in Quebec or Ontario?
Completing tax returns for a corporation in Quebec or Ontario involves several steps.
First, it's essential to carefully collect all relevant financial information, including financial statements, reports and other documents needed to correctly declare the company's income, expenses, assets and liabilities. Next, select the appropriate tax form for your type of business, making sure to use the most recent version. Once you've selected the form, proceed to complete the mandatory sections, clearly indicating income, expenses, tax credits and deductions according to the specified guidelines.
It's crucial to comply with the tax rules specific to your sector of activity or type of business. Some sectors may benefit from special tax credits or incentives. Also, be sure to check all calculations carefully to avoid errors that could lead to delays or penalties.
Once the returns have been completed and checked, it's time to submit them to the tax authorities before the deadlines to avoid any inconvenience. In this process, calling on the services of a professional such as an accountant or tax advisor can prove invaluable. Their expertise can ensure the tax compliance of your returns and help you optimize the tax benefits specific to your business. Finally, it's important to keep abreast of tax updates to maintain compliance and maximize benefits for your company.
Quelles sont les déductions fiscales disponibles pour les entreprises au Québec ou en Ontario?
In Quebec and Ontario, tax deductions for businesses vary according to a number of criteria, including the type of business, eligible expenses and specific tax incentives. Here are some common deductions:
- Small business deduction (Quebec and Ontario): A deduction applied to a company's first earnings, offering reduced tax rates on a certain amount of profits.
- Research and development (R&D) tax credits: Companies investing in research and development can benefit from substantial tax credits to encourage innovation.
- Deductions for eligible business expenses: Current expenses such as office expenses, advertising, salaries and business vehicle expenses can often be deducted.
- Credits for hiring skilled workers: Some programs offer tax credits for hiring young people, people with disabilities or people from certain targeted groups.
- Accelerated capital cost allowance: Certain capital investments can benefit from accelerated capital cost allowance, allowing faster deduction of capital costs.
However, the availability and specifics of tax deductions may vary by province, industry and other criteria. It is advisable to consult a tax professional to maximize the tax deductions specific to your business and to ensure that you meet all legal requirements.
What is the corporate tax deadline in Quebec or Ontario?
In Quebec and Ontario, corporate tax deadlines depend on the type of business and the tax period. The dates also vary depending on the closing date of the company's books.
For Quebec and Ontario companies, the deadline for filing income tax returns (T2) is normally six months after the end of the company's fiscal year. It is strongly recommended that you avoid late filing to avoid any penalties that may arise. If you are faced with this type of delay, don't hesitate to contact our team of tax specialists.
It is strongly recommended to consult the tax authorities or a professional accountant for accurate and up-to-date information on tax deadlines for a specific business, as penalties may be imposed for failure to meet deadlines.
Where should the T2 tax return and/or CO-17 tax return be sent?
The T2 tax return must be sent to the Canada Revenue Agency (CRA) for businesses in Quebec and Ontario. The CO-17 return is specific to Quebec, and must be submitted to Revenu Québec.
It is essential to check the specific guidelines of each tax agency and ensure that returns are correctly completed, even for zero tax return before sending them to the appropriate address.
How do you calculate taxes for a business?
Calculating taxes for a business involves several steps and depends on many factors, including the type of business, its taxable income, available deductions and tax credits, and the tax laws in force in the region where it operates. In general, the calculation involves deducting eligible expenses from gross income to arrive at taxable income, then applying the appropriate tax rate to this taxable income to determine the tax payable.
For a business in Quebec or Ontario, calculating taxes involves using the tax rates specific to these provinces, as well as the tax rules particular to each territory. It is advisable to consult an accountant or tax specialist for this calculation, as it can be complex and varied depending on the company's structure and activities.
