SMART TAX& ACCOUNTING

Sole proprietors and small business

Business income statement for contractors, freelancers and Uber, Lyft or delivery drivers, including vehicle, fuel, phone and home-office expenses.

What's included

  • Sole proprietorship returns (T1 with T2125)
  • Business income and expense reporting
  • Expense categorization
  • Year-end financial summaries
  • Business registration and startup guidance
  • Ongoing bookkeeping and accounting
  • Small business tax planning
  • Independent contractors and freelancers

Key dates

  • June 15, 2027: filing deadline for self-employed individuals
  • April 30, 2027: any balance owing is still due by this date
  • Instalments may apply if you owe more than $3,000 in tax for the year

Why it matters

  • Claiming vehicle, phone, home-office and supply costs can cut your tax substantially; we make sure nothing is missed.
  • Proper records protect you if the CRA reviews your business expenses.
  • Planning ahead for CPP and instalments means no surprise bill in April.

Other services

Contact us

Call, write or message us in English, Russian or Uzbek.

Phone, WhatsApp, Telegram
+1 437 983 4010
Email
taxsmartcga@gmail.com
Office
11 Suraty Avenue, Scarborough, ON M1P 4C9