As featured in

Tax for Consultants

Tax for Independent Consultants

Sole proprietor or incorporated, one client or many, your consulting tax return has traps that generic filing misses. We plan the structure, protect against the personal services business risk, and have your return prepared and filed by a CPA.

Book a free consultation Call (613) 410-8202

★★★★★ 5.0 from 80+ Google reviews

CPA preparing a consulting tax return for an independent consultant in Ottawa

The risk most consultants miss

The personal services business trap

If you incorporated and work mostly for one client in a way that looks like employment, the CRA can treat your corporation as a personal services business, or PSB.

What a PSB is

A PSB is where an incorporated worker would reasonably be seen as an employee of the client if the corporation were not in the way. Consultants who bill one main client through a corporation are the classic case.

Why it costs you

A PSB cannot claim the small business deduction, pays the full corporate rate plus an extra federal tax, and can deduct only a narrow set of expenses. The result is a far larger tax bill. Source: Canada Revenue Agency, What is a PSB.

How we lower the risk

We review how your contracts and day to day work are set up, flag PSB exposure before the CRA does, and structure your affairs so your position is defensible.

Where it fits your return

These decisions shape how your corporate tax (T2) is prepared. We build the return around a structure that holds up, not one that invites questions.

The first big decision

Sole proprietor or incorporate

Most consultants start as a sole proprietor and later ask whether incorporating is worth it. The right answer depends on your income, how many clients you serve, whether you want to leave profit in the company, and your personal services business exposure. We walk you through both paths with real numbers, then prepare and file whichever return fits, from a simple self employed tax filing to a full corporate return.

Talk through your structure Call (613) 410-8202

What we handle

Full tax service for consultants

Self Employed Returns

Sole proprietor consulting income filed with write offs that hold up.

Learn more →

Corporate Tax (T2)

Federal corporate returns filed within six months of your year end.

Learn more →

PSB risk review

We assess whether your setup risks personal services business treatment and how to reduce it.

Ask us →

Home office deductions

The eligible share of your home office costs claimed correctly on your return.

Learn more →

Deductions and write offs

Software, travel, professional fees, and more, claimed to the limit and no further.

Learn more →

HST and GST returns

Sales tax registration and filing handled so your remittances are on time.

Learn more →

Deadline management

Every filing and payment date tracked so you never trip a late penalty.

Learn more →

Prepared and filed by a CPA

Your return is prepared, reviewed, and filed by a Chartered Professional Accountant.

Learn more →

Not sure what you owe? Book a free consultation

Client reviews

Rated 5.0 by our clients on Google

    
 
 
         
   Robby Brown 
 
 
 
 Trustindex verifies that the original source of the review is Google. E-commerce can get complicated fast with fees and multiple payment platforms. Better Books Canada broke it down in a way that actually made sense. Reports arrive on time and highlight what needs attention. It’s been easier to focus on growth instead of trying to reconcile transactions late at night.
  
 
        
   Emily Tomlinson 
 
 
 
 Trustindex verifies that the original source of the review is Google. Books are current and organized. Makes day to day operations easier. Happy with the support!
  
 
        
   Ezekiel Luanda 
 
 
 
 Trustindex verifies that the original source of the review is Google. This firm is amazingly detail focused and client centric. I have been using them since the conception of my business and without their expertise and dedication to the numbers of it all I would not be able to flourish the way I am. Furthermore, Bashar is personable, patient, incredibly knowledgeable, timely, trustworthy, genuine and all around a total win to have on any team for financial services.
  
 
        
   Tatiana 
 
 
 
 Trustindex verifies that the original source of the review is Google. As a consultant working with federal clients in Ottawa, I needed someone who understood proper documentation and clean records. The team organized everything and set up consistent reporting so nothing slips through the cracks. It has saved hours every month. Things just feel under control now.
  
 
        
   wesley bailey 
 
 
 
 Trustindex verifies that the original source of the review is Google. Appreciate the consistency. Reports come in on time and make sense. That’s really all that was needed.
  
 
        
   Pierre Frederick 
 
 
 
 Trustindex verifies that the original source of the review is Google. Bashar is incredibly competent, knowledgeable and honest. He is not a bookkeeper that likes to meddle in grey areas. He has worked for the CRA and does everything he can to protect and inform his clients. He provides an incredible amount of value compared to the amount that he charges, and it’s truly been a pleasure working with him. I highly recommend Bashar if anyone is looking for bookkeeping services in Ottawa.
  
 
        
   Rehoboth Mubedi 
 
 
 
 Trustindex verifies that the original source of the review is Google. Professional and well-run business. Bashar was friendly, efficient, and knowledgeable, and the office was clean and easy to access. Everything was handled smoothly from start to finish. Highly recommend.
  
 
  
  
 
 
      Verified by Trustindex  Trustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more

$10M+

accounts managed

1,000+

returns and filings completed

offices across the Ottawa region

5.0

average Google rating

Get your consulting taxes done right

Book a free 30 minute consultation. We will review your structure, check your personal services business risk, and tell you exactly what it takes to file a return that holds up.

Book your free consultation

Help center

Tax FAQs for consultants

It depends on your income, how many clients you serve, whether you want to leave profit in the company, and your personal services business exposure. We walk through both paths with real numbers so you can decide with confidence, then file whichever return fits.

If you incorporate but work mostly for one client in a way that resembles employment, the CRA can treat your corporation as a personal services business. A PSB loses the small business deduction, pays a higher corporate tax rate, and can deduct only a narrow set of expenses. We review your setup and help reduce that risk. Source: Canada Revenue Agency.

Common claims include software, professional fees, business travel, a portion of your home office, and other costs tied to earning your consulting income. We claim what you are owed and keep the records that support each one, so your return holds up.

Personal returns are due April 30. If you are self employed you have until June 15 to file, but any balance owing is still due April 30. A corporation files its T2 within six months of its fiscal year end. Source: Canada Revenue Agency.

Your return is prepared, reviewed, and filed by a Chartered Professional Accountant (CPA). Whether it is a self employed return or a corporate T2, a CPA signs off so your filing is accurate and compliant.

No. Everything is handled online with secure digital records, so there is nothing to print, mail, or drop off. You share your documents digitally and we work from there, for consultants throughout Canada. See the industries we serve.

Locations

Find us across the Ottawa region

Downtown Ottawa

116 Albert St, Suites 200 & 300
Ottawa, ON K1P 5G3

(613) 410-8202

Kanata

1000 Innovation Dr, Suite 500
Ottawa, ON K2K 3E7

(613) 509-1309

Orleans

114 Chancery Crescent
Orleans, ON K4A 4N3

(613) 454-1399

Embrun

867 Notre-Dame St
Embrun, ON K0A 1W0

(613) 510-0230

Open Monday to Friday, 8AM to 8PM at every location.

Tax for Independent Consultants

The personal services business trap

What a PSB is

Why it costs you

How we lower the risk

Where it fits your return

Sole proprietor or incorporate

Full tax service for consultants

Self Employed Returns

Corporate Tax (T2)

PSB risk review

Home office deductions

Deductions and write offs

HST and GST returns

Deadline management

Prepared and filed by a CPA

Rated 5.0 by our clients on Google

Get your consulting taxes done right

Tax FAQs for consultants

Find us across the Ottawa region

Join our newsletter with weekly value!

Resources:

Locations:

Services: