Keep More of What You Earn.
From T2125 tax filings to HST compliance and incorporation strategy. We help Canadian freelancers optimize deductions and scale with confidence.
Self-Employed Tax Estimator
Estimate your tax and CPP liabilities to ensure you are setting aside enough cash throughout the year.
Freelancer Tax Estimator
Estimate your tax and CPP liability as a sole proprietor
Home office, software, travel, equipment, etc.
Estimated Total Liability
Combined Income Tax and Self-Employed CPP contributions.
This tool is for general information only and does not replace professional tax or accounting advice.
Mastering the T2125
As a freelancer or sole proprietor, you report your business income on Form T2125 (Statement of Business or Professional Activities). While it seems straightforward, the CRA heavily scrutinizes self-employed deductions.
Our team ensures you claim every eligible expense while maintaining bulletproof documentation. We help you navigate the complexities of home office deductions, vehicle mileage logs, and capital cost allowance (depreciation) on expensive equipment like laptops and cameras.
The HST/GST Threshold
Once your gross revenue crosses $30,000 in four consecutive quarters, you are legally required to register for, collect, and remit HST/GST. Failing to do so can result in massive penalties, as the CRA will demand the tax you should have collected out of your own pocket.
- Input Tax Credits (ITCs): We ensure you claim back the HST you pay on business expenses.
- Quick Method: We evaluate if the Quick Method of Accounting for GST/HST is more profitable for your specific business model.
- CPP Contributions: Strategic planning for both the employer and employee portions of CPP that self-employed individuals must pay.
Why Choose Teixeira Accounting?
At Teixeira Accounting Firm Inc., we don't just record history; we write your financial future. Most accounting firms are reactive—they wait for you to bring them problems. We are proactive architects of your wealth and business growth.
Whether you're a scaling enterprise or a high-net-worth individual, we provide the strategic oversight, tax optimization, and bulletproof compliance you need to operate with absolute confidence.
The Teixeira Advantage
Proactive Tax Strategy
We don't just file your taxes; we actively look for ways to reduce your tax burden year-round.
Bulletproof Compliance
Our rigorous quality control ensures your filings are accurate, minimizing audit risk.
Dedicated Advisory
You get a dedicated partner who understands your business deeply, not just a once-a-year tax preparer.