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Bookkeeping & Accounting for Small Businesses

Comprehensive bookkeeping, accounting, and tax services built specifically for small businesses across Southern Ontario.

Why Small Businesses Choose Ontario Tax Team

Running a small business in Ontario means wearing a dozen hats — and managing your finances shouldn't be the one that keeps you up at night. Between tracking expenses, reconciling bank accounts, filing HST returns, meeting CRA deadlines, and understanding your cash flow, the financial side of your business demands time, accuracy, and expertise.

Ontario Tax Team provides comprehensive bookkeeping, accounting, and tax services built specifically for small businesses across Oakville, Mississauga, Burlington, and Milton. Whether you're a recently incorporated company with a handful of employees or an established business processing hundreds of transactions each month, we deliver the financial clarity and CRA compliance your business needs to grow with confidence.

Small businesses have different needs than large corporations — and different needs than sole proprietors. You need a financial partner who understands the unique challenges of running a small business in Ontario: managing payroll for a growing team, navigating HST obligations, maximizing the small business deduction, and keeping your books clean enough to make smart decisions.

Small Business Bookkeeping & Accounting Services

  • Monthly bookkeeping and bank reconciliation
  • Corporate tax returns (T2) and tax planning
  • HST registration, filing, and Quick Method analysis
  • Payroll processing, T4s, and ROE preparation
  • Financial statements (Notice to Reader, Review Engagement)
  • Accounts payable and receivable management
  • Year-end preparation and CPA advisory
  • Small business deduction optimization
  • CRA audit support and correspondence
  • Cloud accounting setup (QuickBooks Online, Xero)

What's Included in Our Small Business Packages

Every small business needs clean books, accurate tax filings, and clear financial reporting. Here's what you get with every package.

Bank & Credit Card Reconciliation
We connect to your accounts and reconcile every transaction, every month. No surprises at year-end.
Expense Categorization
Every expense coded to the right category for maximum deductions and CRA compliance.
Monthly Financial Reports
Profit & loss statement, balance sheet, and cash flow summary delivered to your inbox.
HST Tracking & Filing
We calculate, prepare, and file your HST returns quarterly or annually — including Quick Method analysis to see if it saves you money.
Payroll Management
From calculating deductions to filing T4s and ROEs, we handle your payroll so you can focus on your team.
Year-End Tax Preparation
We prepare your books for tax season and work with your CPA — or our in-house team — to file your corporate T2 return.

Small Business Bookkeeping Pricing

Transparent, affordable pricing based on your transaction volume. All packages include cloud software management, bank reconciliation, and monthly financial reports.

Starter
$299/mo
Up to 100 transactions/mo
  • Bank & credit card reconciliation
  • Expense categorization
  • Monthly P&L statement
  • QuickBooks or Xero management
  • Email support
Most Popular
Growth
$399/mo
Up to 250 transactions/mo
  • Everything in Starter
  • Accounts payable
  • Monthly P&L + Balance Sheet
  • Priority email + phone support
  • HST preparation
Premium
$699/mo
Up to 600 transactions/mo
  • Everything in Growth
  • Accounts payable & receivable
  • Full financial statement package
  • Dedicated bookkeeper
  • HST filing included
  • Custom reporting

Need payroll, HST filing, or corporate tax returns? We bundle services at a discount. Contact us for a custom quote.

Industries We Serve Within Small Business

We work with small businesses across every industry in Southern Ontario, including:

  • Professional services firms (consultants, agencies, IT companies)
  • Retail and e-commerce businesses
  • Trades and home service companies
  • Health and wellness practices
  • Food and hospitality businesses
  • Creative and media companies

No matter your industry, our approach is the same: accurate books, timely tax filings, and financial reporting that helps you make better business decisions.

Small Business Accounting FAQs

Ready to Take Control of Your Finances?

Book a free 15-minute consultation and let's talk about how we can help your business thrive.