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FAQ
Most frequent questions and answers
Absolutely! Running any business requires you to wear many hats. Let Taxman help your small business by preparing your T2 return. Need help with calculating your business-use-of-home expenses on part 7 of Form T2125? Can you use additional support?
Taxman files your HST returns electronically. HST returns are usually done quarterly and you want to correctly calculate your HST collected, as well as your Input Tax Credits (ITCs) paid. Taxman also provides payroll services, ensuring employees are compensated accurately and deductions are properly calculated, along with year-end T4s and Records of Employment (ROEs).
The deadline for filing T2 Corporate and Business Tax returns is within six months of the corporation’s year-end. The deadline for a small business that is not incorporated is June 15, unless it falls on a weekend, in which case the deadline is midnight the following Monday, and would be submitted on your T1 tax form.
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