Our services

Expert Accounting Services for Self-Employed Individuals

Navigating the financial landscape as a self-employed individual in Quebec requires careful planning and compliance with both federal and provincial tax regulations. We specialize in providing tailored accounting and tax services to help self-employed professionals manage their finances with confidence and ease.

Why Choose IS Accounting & Tax Services?

  • Expertise in Self-Employment Taxation: Our specialists have extensive experience in handling self-employed tax matters in Quebec.
  • Personalized Financial Strategies: We tailor our services to meet the unique needs of your business.
  • Reliable and Timely Support: From tax filings to ongoing financial advice, we are here to support your growth every step of the way.

Comprehensive Support for Self-Employed Professionals

Accurate Income Reporting

Properly reporting your self-employment income is crucial for tax compliance. We assist with completing the Canada T-2125 and Quebec TP-80 forms, ensuring accuracy and maximizing deductions while adhering to Canada Revenue Agency (CRA) and Revenu Québec regulations.

Maximize your tax deductions with our expert guidance on business expense claims. We help you identify and document eligible expenses, including:

  • Office supplies and equipment
  • Travel and vehicle costs
  • Home office deductions
  • Professional fees and software expenses

Understanding your Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) obligations as a self-employed individual is essential. We provide personalized guidance to ensure you meet contribution requirements, helping you plan for a secure financial future.

If your annual revenue exceeds $30,000, you must register for Goods and Services Tax (GST) and Quebec Sales Tax (QST). We assist with:

  • Registration and compliance
  • Proper tax collection
  • Claiming Input Tax Credits (ITCs) to optimize cash flow

Avoid financial surprises with proactive tax planning. We help you determine your quarterly tax instalments, ensuring you stay compliant and effectively manage your cash flow throughout the year.

Accurate financial records are key to successful tax filings and audit protection. Our team offers:

  • Best practices for bookkeeping
  • Digital and cloud-based record-keeping solutions
  • Guidance on categorizing income and expenses

Missing tax deadlines can result in costly penalties. We ensure you meet all required deadlines:

  • April 30th: Deadline for any taxes owed
  • June 15th: Extended deadline for self-employed tax filings

Our consultations are tailored to align seamlessly with your financial strategy and business goals.

Let us take the complexity out of financial management so you can focus on building your business. Contact us today for a consultation and experience seamless self-employment accounting solutions!

Our services

Other services we offer

Personal Income Tax Report

Preparation, filing of personal tax returns, including income assessment, deductions, compliance with regulations.

Small & Medium Corporation

Bookkeeping, payroll, sales tax reporting, financial statements, and corporate tax preparation to maintain records and ensure compliance.

Rental Income Management

Tracking rental income and expenses, preparing income statements, and tax filing for accurate financial documentations.

Startup Business Support

Business registration, financial planning, compliance guidance, and strategic growth support for new ventures.