New clients: Book a free consultation and get your first month at a reduced rate. Schedule now →

Tax Preparation for
Canadian Small Businesses

Every deduction captured. Every deadline met. ATS handles T2 corporate returns, GST/HST/QST filings, SR&ED credits, and CRA compliance for Canadian businesses — so you never leave money on the table or pay unnecessary penalties.

Quick Answer

What does business tax preparation include in Canada? Business tax preparation includes preparing and filing your T2 corporate income tax return, GST/HST (and QST for Quebec businesses), identifying all eligible business deductions, researching applicable tax credits like SR&ED, and ensuring compliance with CRA and Revenu Québec requirements. The goal is minimizing your legitimate tax liability while ensuring every deadline is met.

Why Professional Tax Preparation Pays for Itself

Canadian business taxes are complex — and DIY approaches often miss significant deductions or create CRA compliance risks. A missed SR&ED claim alone can cost a growing tech company tens of thousands in uncaptured credits. An incorrectly filed GST/HST return can trigger costly penalties. Our tax specialists ensure every deduction is identified, every credit is captured, and every filing is submitted on time — making the cost of professional tax preparation one of the best ROI decisions your business can make.

What's Included in ATS Tax Preparation

Comprehensive tax compliance for Canadian corporations and small businesses — all under one roof.

T2 Corporate Income Tax ReturnFull preparation and filing of your annual T2 with all schedules — maximizing the small business deduction and all eligible credits.
GST/HST & QST FilingAccurate quarterly or annual GST/HST filings, plus QST returns for Quebec businesses — every reporting period, on time.
SR&ED Tax Credit IdentificationWe identify eligible R&D activities and prepare SR&ED claims — a federal credit worth 15–35% of eligible expenditures for qualifying businesses.
Business Deduction OptimizationHome office, vehicle, capital cost allowance, meals, travel — we capture every legitimate deduction to minimize your taxable income.
CRA Audit SupportIf the CRA or Revenu Québec contacts you, we represent your business, prepare responses, and guide you through the process.
Owner T1 Personal ReturnsPersonal income tax returns for business owners, including employment income, dividends, capital gains, and business income from sole proprietorships.
Tax Installment PlanningWe calculate your required CRA tax installments and help you plan cash flow so you're never caught short at payment time.
Dividend vs. Salary PlanningAnalysis of the most tax-efficient mix of salary and dividends for owner-managers — often saving thousands annually.

How Our Tax Preparation Process Works

Organized, efficient, and completely stress-free — your taxes done right, on time.

Step 01

Document Collection

We send you a simple checklist and secure portal for document upload. If your books are with ATS, we already have most of what we need — making your tax prep fast and affordable.

Step 02

Review & Optimization

Our tax specialists review your financials, identify every applicable deduction and credit, and flag any opportunities — SR&ED, CCA claims, home office, vehicle — before preparing your return.

Step 03

Preparation & Your Review

We prepare your T2 (and T1 if applicable), all required schedules, and GST/HST/QST returns. You receive a clear summary and a chance to review before anything is filed.

Step 04

Filing & Confirmation

We file electronically with the CRA and Revenu Québec and send you confirmation of each submission. We also provide a summary of taxes owing and payment instructions.

Who Is Our Tax Preparation Service For?

From incorporated small businesses to growing companies, ATS provides expert tax compliance for Canadian businesses of all sizes.

Incorporated Canadian corporations
Sole proprietors and partnerships
Quebec businesses (GST + QST)
Tech startups with SR&ED potential
Non-profits with T3010 requirements
Business owners needing T1 + T2

Fixed-Price Tax Preparation — No Surprises

ATS provides transparent, fixed-price quotes for all tax engagements. Clients with ATS bookkeeping pay significantly less at tax time because their records are already organized and complete.

Get a Tax Quote →
T2 Returns from
$799
per year
Tax FAQs

Business Tax Questions Canadian Owners Ask Most

When is the T2 corporate tax return due in Canada?
The T2 return is due 6 months after your fiscal year-end. However, taxes owing are due just 2–3 months after fiscal year-end (2 months for most corps, 3 months for CCPCs claiming the small business deduction). Filing late results in a 5% penalty plus 1% per month on any balance owing. ATS ensures you never miss these deadlines.
What's the difference between T1 and T2 returns?
A T1 is the personal income tax return filed by individuals. A T2 is the corporate income tax return filed by incorporated businesses. If you run an incorporated business, your corporation files a T2 annually. You personally file a T1 to report your salary, dividends, and other personal income. ATS handles both.
How much does small business tax preparation cost?
ATS T2 corporate returns start at $799/year. Cost depends on business complexity, number of transactions, and how organized your books are. Clients who use ATS monthly bookkeeping pay significantly less at tax time because their records are already clean and complete — reducing the time needed for tax prep.
What is SR&ED and could my business qualify?
SR&ED (Scientific Research & Experimental Development) is a federal tax incentive providing credits of 15–35% on eligible R&D expenditures. Even failed experiments qualify if you were trying to advance technology. Tech companies, manufacturers, and businesses developing new processes often qualify without realizing it. ATS identifies SR&ED opportunities as part of your tax review.
What is the Quebec QST and how is it different from GST?
QST is Quebec's 9.975% provincial sales tax, administered separately from federal GST (5%) by Revenu Québec. Businesses operating in Quebec must register, collect, and remit both taxes. Combined, the total sales tax rate in Quebec is 14.975%. ATS handles both GST and QST filings for Quebec businesses.
Can ATS help with a CRA audit?
Yes. ATS provides full CRA audit support — reviewing the audit request, gathering and organizing supporting documentation, preparing written responses to CRA inquiries, and representing your interests. Having accurate, well-documented books from day one is the single best defence against costly audit findings.

Stop leaving money on the table at tax time.

Let ATS capture every deduction, identify every credit, and file every return on time. Get a free tax consultation and a transparent quote today.