Your Expertise Earns.
Let Us Handle the Rest.
Management, IT, HR, finance — whatever your field, consulting means multiple clients, multiple invoices, and a complex tax situation that changes every year. We keep your books organized, your GST/HST current, and your deductions maximized so you can focus on your clients.
What Consultants Deal With
Multiple Clients & Invoices
Tracking income across several clients, chasing receivables, and reconciling bank deposits against invoices takes hours you don't have. One missed invoice means lost revenue.
Deductible vs. Non-Deductible Expenses
Home office, software subscriptions, professional development, vehicle use — the rules are specific. Claiming incorrectly attracts CRA scrutiny; not claiming at all costs you real money.
Sole Proprietor vs. Incorporated
As your revenue grows, the right business structure changes. Staying in the wrong structure past a certain income threshold costs significant tax dollars every year.
Services for Consultants
Monthly Bookkeeping
All invoices, expenses, and bank transactions organized monthly. Know exactly what each client owes you and where every dollar went.
GST/HST Filings
GST/HST collected from clients, input tax credits on your expenses, and returns filed on time. We handle the full cycle.
Annual Tax Returns
T1 with complete self-employment schedule — or T2 if you're incorporated. Every eligible deduction claimed and documented.
Year-End Support
Year-end close, adjusting entries, and working papers ready for your CPA. Arrive at tax time with clean, complete books.
Payroll & T4As
If you've incorporated and pay yourself salary, or use subcontractors, we handle payroll processing and T4/T4A issuance correctly.
CRA Support
Consultants with high revenues are frequent CRA targets. If you receive a request or audit notice, we handle the response professionally.
Consultant Questions — Answered
It depends on your income level, liability concerns, and long-term goals. Incorporation can offer meaningful tax deferral at higher incomes, but it also adds administrative obligations — corporate returns, records, shareholder structure. We maintain clean books for either structure and coordinate with your accountant on the decision.
Yes, if you use a dedicated space exclusively and regularly for business. You can deduct a proportional share of rent or mortgage interest, utilities, internet, and property taxes. We calculate this correctly and document it to withstand CRA review.
Yes. Consulting services are taxable supplies. Once your annual revenue exceeds $30,000, registration is mandatory. We handle registration, client invoicing guidance, return preparation, and timely remittances.
Both go on the same T1 return — employment income on line 10100 and self-employment net income on the T2125 schedule. CPP is required on your net self-employment income, and your withholdings from employment affect how much you owe. We file the complete return and ensure both sources are handled correctly.
Common deductions include professional software and subscriptions, liability insurance, home office costs, vehicle use for client meetings (mileage log required), professional development and conferences, and subcontractor fees. Meals and entertainment are deductible at 50%. We track all of these throughout the year so nothing is missed at filing time.
Useful Articles for Consultants
Home Office Deduction Canada: What You Can Actually Claim
Two eligibility conditions, the square footage method, and the key difference between sole proprietors and corporations.
Employee vs. Independent Contractor: How the CRA Decides
The four-factor test the CRA uses, why misclassification costs more than you think, and how to protect yourself.
You Focus on Your Clients.
We'll Handle Your Books.
Tell us about your consulting practice and we'll send you a custom, no-obligation quote within 1 business day.