When you work for yourself, your personal return carries your business with it. The T2125 has to be right, the expenses have to be supportable, and once sales cross the HST registration threshold a new set of obligations begins.
We prepare the return, keep the records behind it, and tell you plainly when something changes.
What we typically handle
- Preparing T1 and T2125 returns as a sole proprietor
- Knowing when to register for HST/GST — required over $30,000 of sales, or voluntarily before that
- Calculating input tax credits from your bills and deducting them against the HST on your invoices
- Filing your HST/GST return
- Keeping expenses and receipts organised throughout the year rather than at deadline
