- Trusted Accounting Experts for Self-Employed Tax Accountant
Self-Employed Tax Accountant Toronto
If you’re self-employed in Toronto — freelancer, gig worker, subcontractor, rideshare driver, or solo business owner — your taxes are more complex than a standard T4 employee. NRK Accounting specializes in helping self-employed professionals maximize deductions, stay CRA-compliant, and file on time without stress.
Self-employed workers benefit most when bookkeeping, HST and tax planning are all handled together. That’s where we help.
What We Help You With
T2125 Business Income Reporting
We complete and file your T2125 form, accurately reporting your selfemployment and business income to the CRA.
Maximize Business Deductions
Home office, auto, phone, tools, and supplies
HST / GST Filings
Quarterly or annual filings handled for you
CRA Reviews & Tax Debt
Support for missing returns and compliance issues
Bookkeeping Services
Organized records for small businesses
Salary vs Dividends
Strategic guidance if you incorporate later
Industries We Commonly Support
Freelancers & Consultants
Uber, Lyft & Delivery Drivers
Trades & Independent Contractors
Creatives — Designers, Influencers, Media
New Entrepreneurs
Why Self-Employed Workers Choose NRK Accounting
Personalized Tax Planning
We structure your deductions properly so you keep more of your income.
No Missed Deadlines
We track your CRA dates for you — no penalties.
All-in-One Support
We handle bookkeeping, HST and taxes together for fewer surprises.
Transparent Pricing & Monthly Support Options
Whether you just need tax filing or month-to-month professional bookkeeping, we have plans built for self-employed workers in Toronto.
Ask us for a personalized quote — often tax savings exceed the fee.
WHAT SELF-EMPLOYED CANADIANS NEED TO KNOW
Self-Employment Deductions
As a self-employed worker, you can deduct home office expenses, vehicle costs, phone and internet, tools, supplies, and more. We make sure you claim every write-off you're entitled to
CPP Contributions
Self-employed individuals pay both the employee and employer portions of CPP. We calculate this correctly and factor it into your tax planning so there are no surprises."
The June 15 Deadline
Self-employed individuals have until June 15 to file (versus April 30 for employees), but any taxes owing are still due April 30. We keep you on track for both dates.
Frequently Asked Questions
Do I need to register for HST as self-employed?
You must register for HST once your self-employment income exceeds $30,000 over four consecutive quarters. Below that, registration is optional but lets you claim Input Tax Credits. We help you decide what’s best for your situation.
Can I deduct my car or home office?
Yes. Self-employed individuals can deduct the business-use portion of vehicle expenses and home office costs, along with phone, internet, tools, and supplies. We ensure you claim every eligible deduction while staying CRA-compliant.
What is the T2125 form and do I need it?
The T2125 is the CRA form used to report self-employment and business income on your personal tax return. If you’re a freelancer, contractor, sole proprietor, or gig worker, you’ll need to file it — and we complete and file it accurately for you.
What if I haven't filed for multiple years?
We help self-employed individuals who are behind on filing — preparing and filing multiple years of returns, organizing your records, and communicating with the CRA to bring you current and minimize penalties.
When is the tax deadline for self-employed individuals?
Self-employed individuals have until June 15 to file their tax return, but any taxes owing are still due by April 30. We make sure you meet both deadlines and avoid interest or penalties.
Need Self-Employed Tax help?
Book a free consultation to discuss your Self-Employed Tax needs
Ready to File? Book a Free Consultation
Start with a quick call — we'll review your situation and estimate your tax outcome.
Location
40 Wynford Drive, Suite 211 North York, Toronto
Phone
416-577-4301
info@nrkaccounting.com