Canadian Small Business & Corporate Tax Return Services
The filing of an annual tax return is required for all corporations, including non-profits, tax-exempt organizations, and inactive enterprises, even if no taxes are owing at the time of filing the return. Non-filing is considered a criminal offence, and will result in legal action. T2 returns are required from non-resident corporations if they carry on business in Canada at any point during the year, if they realize an income tax-deductible capital gain, or when they dispose of taxable Canadian property in certain situations.
Corporate tax services for Canadian Small Businesses
Calculating an organization’s income tax obligations is highly challenging due to the large number of variables to consider. Due to the frequent change in rules and regulations affecting their industry, business owners may unknowingly expose themselves to noncompliance.
Our objective is to mitigate risk while simultaneously increasing value by preparing businesses for future growth. Additionally, we consult with private and public firms at all stages of growth, customising our strategies to each customer’s unique needs and growing them as the company grows. Customer service specialists collaborate directly with them and are always available and attentive to their needs, assisting them in achieving their most critical business objectives.
We offer a comprehensive range of integrated services to corporations, trusts, and partnerships, including the preparation and filing of corporate income tax returns, the submission of tax elections, and the coordination of interactions with federal and provincial tax authorities. We look for ways to reduce long-term tax liabilities, evaluate the effectiveness of corporate structures, and provide recommendations on the tax consequences of planned transactions as part of this process.
Corporate tax services
Bomcas Canada Accounting and Tax Services, a Canadian accounting firm, offers corporate tax services to small business owners through its subsidiary, Bomcas Tax Services. Our goal is to free the business owner of all accounting and tax-related tasks, allowing them to focus only on running and expanding their firm. We believe that our clients’ success is also our company’s success, which is why we endeavor to provide dependable corporate tax services to all of our clients at all times.
The benefits of hiring Bomcas Canada Accountants to prepare your corporate taxes
Because we are also small business or startup company accountants, we are able to provide a more individualized approach to each client relationship at Bomcas Canada. Investing additional time in determining your requirements and determining how we may best serve you is important to us. As a result, we are aware of all important dates for our clients, and we will notify you in advance of the corporation tax filing deadline and any other important dates such as the Harmonized Sales Tax (HST), Goods and Services Tax (GST), Quebec Sales Tax (QST), or Payroll remittance payments and filing dates, in advance of these events.
The bookkeeping package you choose will include all of your corporation tax filings, including T2, HST, Payroll, T4, and T5 forms, as well as any additional forms that may be required by your state or local government.
Canadian Small Business & Corporate Tax Preparation Services by BOMCAS Canada – Your Trusted Tax Accountant
At BOMCAS Canada, your trusted tax accountant, we specialize in providing comprehensive Canadian small business & corporate tax preparation services to individuals and businesses across the country. Our team of experienced and highly skilled professionals is dedicated to helping our clients navigate the complex world of taxes and stay compliant with all relevant laws and regulations.
One of our core services is small business and corporate tax preparation. We work closely with our clients to ensure that their tax returns are accurate and complete, and that they take advantage of all available deductions and credits. We also provide expert advice on tax planning and strategy to help our clients minimize their tax liability and maximize their profits. Our team stays up-to-date with the latest tax laws and regulations to provide the best service to our clients.
In addition to small business and corporate tax preparation, we also offer other Canadian tax services such as tax compliance, tax planning, and tax strategy. We can help you with GST/HST, Payroll tax and other small business and corporate tax services. Our team is well-versed in the latest accounting techniques and technologies, and we use cutting-edge software to ensure that our clients’ financial records are accurate and up-to-date.
At BOMCAS Canada, we are committed to providing our clients with the highest level of service and support. Contact us today to learn more about how we can help you with your Canadian small business & corporate tax preparation needs.
Our Tax Responsibilities
Canadian Tax Services
Small Business & Corporate Tax
Income Tax Accounting
Canadian Personal Tax
Canadian Estate Tax & Succession