Small Business Tax Accountant Toronto
Where to Find Your Small Business Tax Accountant in Toronto?
At T2inc.ca, you'll find a small business tax accountant in Toronto without leaving your office. Since 2013, we have been a tax and accounting firm for incorporated companies, with a local office near Casa Loma and services delivered fully online. Last year, hundreds of businesses across the Greater Toronto Area trusted us with their tax returns, from downtown to North York, Etobicoke and Scarborough.
Our team of tax specialists and Chartered Professional Accountants (CPAs) knows Ontario's tax rules inside out. From your T2 corporate tax return to your financial statements, we handle the work so you can focus on running your business. For bookkeeping, our partner network steps in.
Talk to a small business accountant in Toronto today: a real person answers, even in the middle of tax season.
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What Accounting and Tax Services Do We Offer Small Businesses?
Online accounting firm 
CPA and tax specialists 
Competitive Pricing
T2 Corporate Tax Return
Corporate tax return preparation without the stress: your annual T2, on time and with every schedule. One return covers federal and Ontario tax.
Quebec CO-17 Return
Ontario business with a Quebec establishment? We file your Quebec CO-17 with your T2, so both returns line up.
Nil T2 Return
Inactive company? Skip the paperwork: we file your nil return at a lower cost, so you stay compliant with the CRA.
Financial Statement Preparation
Small business accounting in Toronto? Our business accounting services compile your data and prepare financial statements for your tax or legal needs.
Business Tax Consultation
Not sure how to pay yourself or plan ahead? Our tax specialists offer tax planning that shows where you can legally pay less income tax.
Bookkeeping Services
Bookkeeping and tax, together: our trusted partner accountants provide accounting and bookkeeping services, so your T2 starts from clean records.
Review Engagement
Need reviewed financial statements? Our CPA partners licensed in Ontario handle the review engagement for you.
Free Estimate
See your price in a few clicks: no obligation, no appointment.
How Much Does a Corporate Tax Return Cost in Toronto?
A corporate tax return in Toronto costs from $299 at T2inc.ca when your financial statements are ready, and from $499 when we prepare them too. Your price is fixed and shared before we start: no surprises, no commitment. Two things set it: whether your statements are ready, and how complex your file is.
T2 Tax Return Simple
From 299
For businesses that already have their financial statements ready. We file your T2 and CO-17 returns from the documents you send us.
- Preparation of your T2 return (federal and Ontario tax)
- Review by a CPA tax specialist
- Electronic filing to the CRA
T2 Tax Return Complete
From 499
For businesses whose financial statements still need to be prepared. Our team compiles your accounting data before filing your returns.
- Compiling your accounting data
- Preparing your financial statements
- Preparation of your T2 return (federal and Ontario tax)
- Review by a CPA tax specialist
- Electronic filing to the CRA
Why Choose T2inc.ca for Your Small Business Tax and Accounting?
Because your business isn't a multinational, and it shouldn't be billed like one. At T2inc.ca, you get accounting and tax support for small businesses: accountants and tax specialists who know Ontario's rules, and a price you know before we start.
Over 2,000 companies served
The first to simplify your corporate taxes online since 2013.
A Toronto Office
Unlike fully virtual firms, T2inc.ca is a CPA firm registered in Ontario, with an office in Toronto. And behind it, the whole T2inc.ca team works on your file: accountants, tax specialists and CPAs across the country.
Ontario Tax Rules Covered
One T2 return covers your federal and Ontario tax, so you file once. Our corporate tax accountants know the Ontario tax regulations that apply to your Toronto business, including the small business deduction that sets your rate.
Rates Built for Small Businesses
No fees designed for large corporations. Our rates reflect the budget of small business owners, with your price shared upfront and no commitment.
A Reliable Partner Network
When your needs go beyond our in-house expertise, like bookkeeping or review engagements, a trusted partner from our network takes over. You always leave with an answer.
Ready to Simplify Your Corporate Taxes?
Join the Ontario small business owners who trust T2inc.ca with their tax and accounting, and put your energy into growing your business. See your price in a few clicks: no appointment, no pressure.
Accountant or Tax Specialist: Which One Does Your Small Business Need?
Most incorporated small businesses need both. A business tax accountant handles your tax accounting: preparing your corporation's financial statements and filing its tax returns. A tax specialist analyzes your situation to legally reduce your tax burden, from owner compensation to planning ahead of a transaction. The accountant keeps your numbers compliant, and the tax specialist makes sure you don't pay more tax than you need to.
Whether you run a tech startup or a content business, your Toronto business has the same core tax obligations: an annual T2 return and tax instalments. Miss either one, and penalties and interest follow.
The difference between compliance and planning shows up in your tax rate. Since July 1, 2026, the Ontario small business tax rate is 2.2%. With the federal 9%, that brings the combined rate to 11.2% on the first $500,000 of active business income of an eligible Canadian-controlled private corporation. Income above that limit, or income that no longer qualifies for the small business deduction, is taxed at 26.5%. On $500,000, that difference is about $76,500.
What Do Our Clients Say About T2inc.ca in Toronto?
Small business owners in Toronto and across Ontario trust T2inc.ca as their small business accountants for tax and accounting. The reviews below come straight from Google, unfiltered and unselected, because our clients say it better than we do.
Excellent communication, they know how to manage tight deadlines. I have been doing business with T2inc for several years and I am always very satisfied.
Awesome concept and a great experience overall. We used them to file the T2 returns for two corporations, and they’ve really streamlined the entire process. Everything was simple, efficient, and easy to navigate from start to finish. Highly recommend!
Fast, efficient, precise... what more could you ask for!
Highly professional, efficient, and courteous service. I recommend it!
Tax Questions From Toronto Small Business Owners
How do I file a corporate tax return in Toronto?
Send us your year-end financial statements, or the accounting records we need to prepare them, through our secure portal. We prepare your T2 return with every schedule, a CPA tax specialist reviews it, and we file it electronically with the CRA.
What are the deadlines for filing corporate taxes in Toronto?
You file your T2 within six months of your fiscal year-end and pay any balance sooner: within two months, or three for eligible small corporations. For a December 31 year-end, that means paying by the end of February (March 31 if you're eligible) and filing by June 30. Late filing brings penalties, and unpaid balances accrue interest. Our secure portal and annual follow-up remind you ahead of each deadline.
What tax rate applies if my fiscal year straddles July 1, 2026?
A blended rate. Ontario's small business income tax rate fell from 3.2% to 2.2% on July 1, 2026, so your year is split by days. For a December 31 year-end, the Ontario rate averages about 2.7%, or about 11.7% combined.
Do I have to file a T2 if my corporation is inactive?
Yes. Every corporation files a T2 return each year, even with no income or activity. We file your nil return at a lower cost, so you stay compliant with the CRA.
Does my Ontario corporation need to file a Quebec CO-17?
Only if it has a permanent establishment in Quebec, such as an office or a warehouse. In that case, you file a CO-17 with Revenu Québec in addition to your T2, within the same six-month deadline. We prepare both returns and file them with the two tax authorities.
Need a Small Business Tax Accountant in Toronto?
Send the form and a member of the T2inc.ca team will get back to you quickly.
Tell us about your business and your tax needs in a few lines. Your fiscal year-end and whether your financial statements are ready are all we need to start on your price. Our team of CPAs, under the direction of founder Frederic Roy-Gobeil, CPA, M.Tax, reviews your file. Then you decide if our offer works for you.