Built for the way you work.
Self-employment comes with real tax complexity. We keep your books clean, your returns optimized, and your compliance solid so you can focus on the work.
Book a Free ConsultationSelf-employment comes with real tax complexity. We keep your books clean, your returns optimized, and your compliance solid so you can focus on the work.
Book a Free Consultation
We record and organize your self-employment income for accuracy and completeness, reconcile business accounts monthly to maintain clean and verifiable records, track invoices, receipts, and mileage logs to support year-end tax preparation, and monitor project cash flow to provide clarity and control over your operations.
We prepare and file T1 self-employment returns to ensure compliance and accuracy, identify and optimize deductions to maximize savings and reduce liabilities, calculate quarterly instalments to manage cash flow and avoid late penalties, and prepare and file GST/HST returns to ensure proper reporting and remittance.
We provide guidance on incorporation decisions to enhance flexibility and protection, assist with subcontractor payments and T4A filings to maintain CRA compliance, advise on CPP contributions and income-splitting strategies for efficiency, and prepare financial summaries for lenders and programs to support business growth.
We start by understanding your income sources, expenses, and current recordkeeping habits. We identify gaps, unrecorded deductions, and any outstanding filings so we know exactly what needs to be addressed before moving forward.
We set up or clean up your bookkeeping, categorize income and expenses, and establish a consistent monthly process. Clean records are the foundation for accurate tax returns, GST/HST filings, and any lender or program documentation you may need.
We prepare and file your T1 self-employment return and GST/HST return, maximize every eligible deduction, and calculate any instalment obligations. You receive a clear summary of what was filed, what you owe, and what to expect from CRA.
After filing, we advise on income-splitting, incorporation timing, instalment planning, and deduction strategies for the year ahead. Whether you're growing your practice or considering a corporate structure, we help you make those decisions with full clarity on the tax implications.
Whether you're a freelancer, consultant, or contractor, we'll tell you exactly what filings you need, what deductions you're missing, and what it costs to have it handled properly from the start.
Book a Free ConsultationYes. All self-employed individuals must file a T1 return and report their net business income. The filing deadline is June 15, but any balance owing is due by April 30. Failure to file on time results in late-filing penalties even if no tax is owed.
You must register once your worldwide taxable revenues exceed $30,000 in a calendar quarter or over four consecutive quarters. You can also register voluntarily before that threshold to claim input tax credits. We handle registration and ongoing filing once you're enrolled.
Eligible deductions include home office, vehicle, equipment, software, professional fees, advertising, and subcontractor costs. Expenses must be incurred to earn business income and reasonable in amount. We review your full profile to ensure every eligible deduction is captured.
Yes. Self-employed individuals pay both the employee and employer portions of CPP on net business income, at a combined rate of 11.9% on earnings between the $3,500 basic exemption and the $74,600 maximum pensionable earnings ceiling. We factor this into your tax planning and instalment calculations.
If you owed more than $3,000 in net tax in the current or either of the two prior years, CRA requires quarterly instalments. They are due in March, June, September, and December. Missing instalments triggers interest charges. We calculate the right amount and remind you of each due date.
Incorporation can reduce your tax rate, provide liability protection, and create income-splitting opportunities, but it adds compliance costs and complexity. The right answer depends on your income level, personal needs, and growth plans. We walk you through the tradeoffs before you decide.
Yes. If you pay a subcontractor more than $500 in a calendar year for services, you must issue a T4A slip by the last day of February. Failure to file T4As on time results in CRA penalties. We handle preparation and filing so you stay compliant with every payment you make.
Our fees depend on the complexity of your income, number of expense categories, and whether GST/HST filing is included. We provide a clear fixed-fee quote before any work begins. Book a free consultation and we'll give you an accurate estimate based on your specific situation.
