Get started today!

Expert advice. Real support. Practical solutions.

We understand what it takes to run a successful small business – we are one. Your time is the most valuable asset you have, and you can’t afford to waste it on anything that won’t improve the bottom line. Our team of Ottawa-based, small business accounting experts provide cloud-based small business accounting and bookkeeping services across Canada. Our small business accountants and bookkeepers can help you increase efficiency, eliminate redundancy, and setup the right systems to ensure you reach your revenue targets in the fastest, most cost-effective way possible.

Our accounting packages for small businesses are designed specifically for small business owners looking to get online support and real actionable solutions. Our specialists can help you develop a firm grasp of small business accounting for taxation purposes. And our business-planning consultants will help you establish a financial planning road map specifically designed for your business needs.

Our online accounting and small business consulting services include:

  • Employee and Payroll Taxes
  • Business and Sales Taxes
  • Process Streamlining
  • Operational Efficiency Planning
  • Budget Forecasting and Revenue Targeting
  • Incorporation and Tax Related Strategies
  • Reporting and Installment Deadlines
  • Monthly and Year End Financial Reporting
  • And More!

Ready to take your small business to the next level without ever leaving your home or office?

You have to know where you stand to get where you’re going. 

Having a vision is great. It’s what got you into business in the first place. But, it’s having a firm grasp of the real, day-to-day, financials that’s going to keep you in business and help you reach your goals. That’s why we offer bookkeeping help for small business owners looking to turn their business dreams into financial reality.

Our certified, professional bookkeepers have the knowledge and experience to help you gain valuable insights into the health of your business now, and into the future. We can help you choose, setup, and run cloud-based, small business bookkeeping solutions that will save hundreds of hours on bookkeeping and give you real-time insights that can power, accurate, informed decisions about where to invest your time and money. Good bookkeeping is essential for small businesses to survive and thrive. It’s not just about balancing the books. Our bookkeeping packages for small business are designed to help small business owners plan for the future, while saving time in the present.

Our online bookkeeping services for small business owners include help with:

  • Software Selection, Setup, and Support
  • Reviewing and Streamlining Bookkeeping Procedures
  • Financial Health Assessments
  • Tracking Expenses and Correlating Receipts
  • Balancing Accounts Receivable and Accounts Payable
  • Managing Cash Receipts and Disbursements
  • GST/HST/PST and Workers’ Compensation
  • Bank Reconciliations
  • Dashboard Reporting
  • And more!

Ready to make sense of your books and take hold of your future?

Get started today!

Accounting Services FAQs

Do I need an accountant for my Ottawa small business, or can I do it myself?

Hiring a professional accountant ensures compliance with CRA regulations, proper tax filings, and maximization of deductions. While software like QuickBooks can help, an accountant minimizes errors, saves time, and helps with tax planning.

What are the corporate tax rates in Ontario for 2024?

  • Small Business Rate (first $500,000 taxable income): 12.2% (9% Federal + 3.2% Ontario) while
  • General Corporate Rate: 26.5% (15% Federal + 11.5% Ontario)

What Are the Filing Requirements for My Small / Medium Business (Sole Proprietor)?

As a sole proprietor in Ottawa, you must report your business income on your personal tax return (T1 General) using Form T2125 – Statement of Business or Professional Activities. The key requirements include:

  • Annual tax filing deadline: June 15 (but any taxes owed are due by April 30).
  • HST/GST filing (if applicable): Required if your revenue exceeds $30,000 in four consecutive quarters.
  • Payroll deductions: If you have employees, you must remit CPP, EI, and federal/provincial taxes.
  • Business expenses & deductions: You must keep records of eligible deductions (rent, utilities, vehicle expenses, advertising, etc.).

Note: Sole proprietors do not need to file a separate tax return for their business, as income is reported under their personal tax return.