Small business taxes
$2,500 + HST small business package
Year end tax filings for entry level small businesses when a reconciled trial balance is provided:
T2 Corporate Tax Return preparation and efiling
Annual HST return preparation and online filing
Compensation tax planning
Owner T5 or T4 preparation and efiling
Closing adjusting entries
Dedicated CPA contact
For the Small Business Package, our pricing assumes that the company’s bookkeeping (trial balance, balance sheet, income statement, general ledger, subledgers) is completed, reconciled and correct before we begin. Additional fees apply to bring the company’s books and records to an acceptable standard that the CRA requires for filing the returns (such as missing account reconciliations, opening retained earnings not agreeing, incorrectly classified transactions, missing CRA account reconciliations, missing or incorrect sales tax calculations).
Additional services:
Bookkeeping starts at $150 per month
Year-end bookkeeping cleanup
Investment reconciliations and reporting
Financial reports
Whitepaper financials $350 +HST and up
Compilation engagement starts at $1,000 +HST
Quarterly or monthly HST filings
Tax forms, schedules and elections
CDA election package and resolutions starts at $1550 +HST
Consulting and business advisory
Tax problems and dealing with the CRA
Tax slips such as T4A or T5018 Subcontractor forms
Ontario Annual Returns filed and certified by KLCA $250 +HST per year