Professional 2025 Tax Return Preparation and Review for Self-Employed Canadians
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2025 tax year (filed in 2026): Balance owing due April 30, 2026
Self-employed filing deadline June 15, 2026 (payment still due April 30)
Teplov CPA provides CPA-led tax return services for individuals with self-employment, commission, rental, or mixed income. If your personal return involves a T2125, T776, commission income, rental income, or multiple income sources, this service is designed for you.
Two Service Options
Option 1
Tax Return Review
You prepare your return. A CPA reviews it before filing.
We assess your T1 and relevant schedules for self-employment income reporting, deduction completeness, home office and vehicle calculations, GST/HST considerations, common reassessment risks, and calculation accuracy. You receive a written summary of findings and recommended adjustments before filing.
If you start monthly bookkeeping within 90 days of the review, the CAD 150 review fee is applied as a credit to your first bookkeeping invoice.
You remain responsible for the amounts reported and for filing the return. This service is a professional review and does not replace maintaining adequate supporting documentation.
This option is appropriate if you are comfortable preparing your own return but want professional confirmation before submission.
Fee: 150 CAD for professionally prepared returns that are ready for review. If your return requires significant reconstruction or completion before review can begin, scope and fee are confirmed before work starts.
Option 2
CPA-Prepared Return
You provide your records. We prepare the return.
Preparation includes your T1 personal return, T2125 self-employment schedule, T776 rental schedule where applicable, GST/HST reconciliation review (to align your income and expense records with GST/HST collected and paid), home office and vehicle expense calculations, a review call prior to filing, and EFILE submission to CRA (with your authorization).
Fees depend on complexity, number of income sources, and record organization. We confirm the final fee before work begins.
If you start monthly bookkeeping with us, your 2025 T1 return preparation fee is waived and the return is included as part of onboarding in your first month of bookkeeping services.
This option is appropriate if you prefer full preparation by a CPA experienced in self-employed taxation, and is the natural starting point if you are considering ongoing bookkeeping support.
Fee: Starting at CAD 350 for returns supported by professionally maintained bookkeeping records. All other cases are scoped individually. Fee confirmed before work begins.
How it Works
Tell Us About Your Situation
Complete the intake form with your income type, approximate revenue, and preferred service option. We respond within one business day.
Scope and Fee Confirmation
For preparation services, we confirm scope and fee before beginning. For the review service, we proceed directly to document submission.
Document Submission and Completion
You receive a document checklist specific to your situation. Once documents are received, we complete the review or preparation and conduct a walkthrough before submission (or before you file, if you chose the review service).
Why Not Just Use Tax Software?
DIY software is affordable until you miss a deduction you didn’t know existed, or spend two years responding to a CRA reassessment over a classification you weren’t sure about anyway.
For self-employed professionals, the real cost isn’t the software. It’s filing without knowing whether you got it right.
We provide what software cannot: a CPA who has seen your situation before.
Frequently Asked Questions
In the review service, you prepare the return and we assess it before filing. In the preparation service, we prepare the return from your source documents. Both include a walkthrough before submission.
Yes. This page is still the right place for your personal T1, including salary and dividends from your corporation plus any other personal income. If you want full corporate compliance, we can also prepare your corporation’s T2, scoped and priced separately.
Note: if your business is incorporated, business income is generally reported on the T2, not on a T2125, unless you also have separate sole proprietor income. Corporate filing deadlines follow your corporation’s fiscal year-end. The T2 is generally due within six months of year-end.
If you filed and are concerned about errors or missed deductions, we can review your submitted return and assess whether an adjustment is appropriate. CRA adjustments can be submitted through ReFILE, the Change My Return option in My Account, or a T1-ADJ request depending on your situation. Contact us with your circumstances and we will confirm whether a review makes sense at this stage.
Document requirements depend on your income sources. After your intake form is submitted, we send you a checklist specific to your situation. Common documents include T4 and T4A slips, invoices or revenue records, expense receipts, home office details, vehicle logs, and prior year returns.
If you are self-employed or have rental or business income, professional fees related to earning and reporting that income, including preparing your business schedules and GST/HST returns, are generally deductible against that income. Personal-only tax preparation costs are generally not deductible in the same way.
Can you handle that? Yes. Mixed income returns are common among our clients. Your T1 will include both your employment income and your T2125 self-employment schedule. We ensure both are reported accurately and that applicable deductions are applied correctly against the right income source.
If you have a balance owing for the 2025 tax year, payment is due April 30, 2026 regardless of your filing date. Self-employed individuals have until June 15, 2026 to file. The same June 15 filing deadline applies if your spouse or common-law partner is self-employed. Any amount owed must be paid by April 30 to avoid interest charges. We recommend filing as early as possible if you expect to owe.
Email contact@teplov.ca to get started. The April 30 balance owing deadline applies regardless of filing date.