Small Business Tax

Small Business & Self-Employed Tax Returns - Sole Proprietors, Freelancers & Commissioned Employees

Running your own business means every dollar matters and so does every deduction. Whether you are a sole proprietor, freelancer, commissioned salesperson, or contractor, Fairtax Business Services will ensure all eligible business expenses are properly recorded and claimed on your return. We file your T1 self-employed return accurately and on time, with CRA e-filing always included.

Built for Self-Employed Canadians

  • Sole Proprietors
  • Freelancers
  • Contractors
  • Commissioned Salespeople
  • Gig Workers
  • Home-Based Business
  • Owners
  • Truck Drivers (TL2)
  • Rental Property Owners

WHAT WE REVIEW & CLAIM

Every Eligible Business Expense Claimed Correctly

 
  • Business income and all business expenses : complete T2125 business statement preparation
 
  • Home office expenses :  hydro, gas, internet, rent, and related costs where eligible
 
  • Vehicle and travel expenses  : mileage logs, fuel, insurance, and maintenance
 
  • Rental income and rental property expenses : mortgage interest, repairs, insurance, utilities
 
  • Capital cost allowance (CCA / CAA) : depreciation on business equipment and property
 
  • T2200 Declaration of Conditions of Employment  : for qualifying employees claiming home or vehicle expenses
 
  • TL2 — Meals and lodging for truck drivers — long-haul transport expense claims
 
  • RRSP and TFSA planning tips — optimize your contributions before the filing deadline

RRSP Reminder:

 You have until the end of February 2026 to make RRSP contributions you want to claim on your 2025 tax return. If you are unsure of the optimal contribution amount, call us before purchasing. For investment advice, contact your financial institution or financial planner.

What is a TFSA?

A Tax-Free Savings Account (TFSA) is a registered account available to any Canadian resident aged 18 or older with a valid SIN. Contributions are not tax-deductible, but all growth interest, dividends, and capital gains  can be withdrawn completely tax-free at any time. Unlike an RRSP, withdrawals do not count as income. Talk to your bank or financial advisor for contribution room details.

FEE REFERENCE

Get Expert Tax Advice — Call (519) 725-9544