Starter Plan
$500/month
Includes the following services:
Monthly Bookkeeping — Up to 50 Transactions
We record, categorize, and reconcile up to 50 income and expense transactions each month from your bank and credit card accounts. This ensures your books stay accurate, organized, and audit-ready year-round. You’ll receive up-to-date financials every month so you always know where your business stands.
The 50-transaction limit is based on a rolling 12-month average. If your average exceeds 50 transactions for three consecutive months, you’ll be required to transition to the Growth Plan to match your business’s increased activity.
Monthly Bank & Credit Card Reconciliations
We match every transaction in your books to your actual bank/credit card statements every month so your numbers are accurate to report monthly financials to you in real-time.
Monthly Financial Statements (Profit & Loss & Balance Sheet)
Each month, you’ll receive two essential financial reports:
Profit & Loss Statement: Shows your total income and expenses for the month and year-to-date, helping you see whether your business is making a profit or operating at a loss.
Balance Sheet: Provides a snapshot of your business’s overall financial position, including what you own (assets), what you owe (liabilities), and what’s left over for you (equity).
These reports are delivered along with a 5-minute video summary highlighting the month’s results, with the focus being on accuracy and compliance. This allows you to monitor your numbers and track changes over time, so you always have a clear picture of your business’s financial health.
If you are looking for more in-depth analysis, a Quarterly or Monthly Analysis Packages are available for purchase as add-ons.
HST/GST Filing
If you’re registered for sales tax, we prepare and file your HST/GST returns on time, using your accurate monthly data. We want to keep you compliant and avoid penalties.
Personal Tax Filing
As a sole proprietor, your business and personal taxes are filed together. We prepare and file one personal tax return (T1) for the business owner only, along with the T2125 Statement of Business Income at year-end, ensuring your personal and business finances are accurately reported to the CRA.
Included:
Preparation and filing of one T1 personal tax return for the business owner
Preparation of the T2125 Statement of Business Income based on the bookkeeping we maintain throughout the year
Reporting of common tax slips such as:
T4 (employment)
T5 (investment income)
RRSP contributions
Tuition credits
Charitable donation receipts
Application of standard credits and deductions to reduce taxes owing
Direct electronic filing with the CRA on your behalf
Digital copies of your filed return and Notice of Assessment for your records
Not Included (quoted in addition if applicable):
Additional personal tax returns for spouse or dependents
Rental property schedules (T776)
Capital gains or complex investment reporting
Foreign income or foreign property disclosures (T1135)
Multiple sole proprietorships or additional business schedules
Complex or advanced tax planning beyond compliance filing
Email Support
With the Starter Plan, you’ll have direct access to a CPA through email whenever you have bookkeeping or tax-related questions.
What You Can Expect:
Timely Responses: Emails are answered within 1 business day.
Straightforward Guidance: We’ll provide clear, practical answers to your bookkeeping and tax compliance questions.
Document Requests: If we need additional receipts, bank statements, or information for your bookkeeping or tax filings, you’ll receive clear instructions via email.
Record of Communication: Having answers and instructions in writing means you can easily refer back to them when needed.
Examples of What’s Covered:
Clarifying what qualifies as a deductible expense.
Guidance on how to provide documents securely.
Updates on filing deadlines or CRA reminders.
Simple questions about how to read your financial statements.
Limitations in Starter Plan: Email support is best suited for straightforward questions and compliance-related issues. For in-depth discussions on your financials, we recommend purchasing either the Quarterly or Monthly Analysis Package. For in-depth discussions on strategy or complex situations, we recommend purchasing either the Quarterly or Monthly Strategy Call add-on.
Incorporation Watch
Not every business needs to incorporate right away, but knowing when the time is right can save you thousands in taxes and provide valuable legal protection.
What We Do:
Monitor Your Numbers: We track your business’s revenue, expenses, and net income throughout the year to see when incorporation may become financially beneficial.
Tax Efficiency Check: We compare your current sole proprietorship tax position with the potential savings of incorporation.
Liability Considerations: While we don’t provide legal advice, we’ll flag when your risk exposure or type of business activity may make incorporation worth considering.
Personalized Alerts: If your business crosses a financial or structural threshold where incorporation makes sense, we’ll notify you and explain the benefits and next steps.
Why It’s Valuable: Some small business owners wait too long to incorporate, missing out on tax savings and creditor protection. Others may incorporate too soon and face unnecessary costs and administration. We will ensure you make the move at the right time for you.
Example Scenarios We Flag:
Your business net income is growing into higher personal tax brackets.
You’re leaving profits in the business rather than withdrawing everything personally.
You’re hiring employees or taking on larger contracts that increase liability risk.
Important Note: We will provide proactive guidance and alerts, but the actual legal incorporation process is not included in this plan. If you decide to incorporate, we can help connect you with the right professionals and adjust your service package accordingly up to the Growth Plan.
Starter Plan Add-Ons
Customize your bookkeeping package with the services you need, when you need them.
Quarterly Analysis Package — $200/month
Includes Annual Tax Plan Review add-on at no additional cost.
This add-on delivers a deep dive into your financial performance every three months, turning raw numbers into actionable insights. While your monthly bookkeeping keeps you compliant, this quarterly review ensures you truly understand how your business is performing and where adjustments are needed.
What’s Included:
Detailed Written Report: A comprehensive review of your Profit & Loss, Balance Sheet, and Statement of Cash Flows for the quarter.
Tax Lens: Identification of tax-saving opportunities and risks based on your recent results.
Trends & Variances: Clear explanations of revenue, expenses, margins, and cash movements compared to prior quarters.
Actionable Recommendations: Each report includes practical suggestions you can implement to improve cash flow, profitability, or tax efficiency.
Phone Support Throughout the Year: Direct phone support so you’re never stuck between quarterly reviews.
Best For: Business owners who want more than just compliance and want a clear, professional financial check-up each quarter to guide better decisions.
Monthly Analysis Package — $300/month
Includes Annual Tax Plan Review add-on at no additional cost.
For clients who want timely insight into their business every month, this package transforms your monthly financial statements into a clear, practical tool for decision-making.
What’s Included:
Detailed Written Report: Each month, you’ll receive a report that highlights key figures, trends, and variances so you can clearly see how your business is performing.
Tax Lens: We flag items that may impact your tax position, from deductible expenses to patterns that could increase your liability, so you can stay proactive all year long.
Trends & Variances: Month-over-month comparisons help you spot shifts in revenue, expenses, or cash position before they become issues.
Actionable Recommendations: Each report includes practical suggestions you can implement to improve cash flow, profitability, or tax efficiency.
Phone and Video Call Support Throughout the Year: Full support package that you can access any time.
Best For: Business owners who want ongoing monthly insight and guidance rather than waiting until quarter-end.
CRA Compliance Check — $75/month
Stay prepared for the CRA. This add-on ensures your bookkeeping records are not only accurate but also organized in the way the CRA expects if they ever come knocking.
What’s Included:
Receipt Capture & Organization
We collect and store your receipts and supporting documents directly in QuickBooks Online using the Receipts function.
Every expense is backed up with digital proof for audit-readiness.
Recordkeeping Audit Trail
Ensures your income, expenses, and HST/GST filings can be supported by proper documentation.
Keeps your books aligned with CRA requirements, reducing the risk of disallowed expenses.
Compliance Review
Monthly review of documentation completeness so nothing slips through the cracks.
Peace of Mind
If CRA requests supporting documents, you’ll already have a complete and organized digital file ready to go.
Best For: Business owners who want their bookkeeping supported with receipts and records that meet CRA expectations, minimizing the risk of surprises during an audit.
CRA Correspondence Support (Non-Audit Related) — $75/month
Dealing with CRA letters can be stressful, confusing, and time-consuming, especially when you’re not sure what they’re asking for. With this add-on, we act as your point of contact for routine CRA correspondence, so you don’t have to figure it out alone.
What’s Included:
Review and assessment of CRA notices and letters (income tax, GST/HST, payroll).
Drafting and submitting responses to CRA for routine inquiries (e.g., missing slips, proof of filing, payment confirmation, HST adjustments).
Guidance on what the notice means and what action, if any, you need to take.
Record-keeping of all CRA communications handled on your behalf for audit trail purposes.
What’s Not Included:
Audit defense, appeals, or formal representation in the case of an in-depth CRA review (this is included only in the Pro Plan or by purchasing the Full CRA Support add-on).
Complex disputes that require tax law interpretation or negotiation with CRA beyond routine correspondence (this is included only in the Pro Plan or by purchasing the Full CRA Support add-on).
Best For: Business owners who want peace of mind knowing that if a CRA letter shows up in the mail, they won’t be left trying to handle it alone.
Full CRA Support — $200/month
Only available for purchase if the CRA Compliance Check add-on is already purchased.
Take the stress out of dealing with the CRA. With this add-on, we don’t just keep your books audit-ready — we also act as your first line of defense if the CRA comes calling. From simple requests to full audits, we handle the back-and-forth so you can stay focused on your business.
What’s Included:
CRA Correspondence Handling
We review and respond to all CRA letters and requests related to your bookkeeping and tax filings.
You’ll never have to guess what the CRA is asking for or how to reply.
Includes disputes or appeals beyond audit support
Audit Representation
If you are audited, we act on your behalf, providing the CRA with all necessary documentation and explanations.
We handle phone calls, letters, and meetings with CRA agents for issues tied to the work we manage.
Supporting Documentation & Proof
Access to your receipts, financials, and filings (if you’ve added the CRA Compliance Check service, your records will already be fully organized).
We ensure CRA requests are answered quickly and completely.
Peace of Mind Guarantee
Instead of worrying about the “what ifs,” you can rest easy knowing that you have a CPA handling all CRA interactions with professionalism and expertise.
Not Included:
CRA issues unrelated to the bookkeeping and tax services we provide (i.e., payroll audits for a payroll not managed by us).
Best For: Business owners who want total protection and don’t ever want to deal with CRA requests or audits themselves.
Quarterly Strategy Call — $150/month
Only available to purchase if Quarterly Analysis Package is already purchased.
This add-on provides a dedicated 45-minute quarterly strategy call with your CPA, designed to help you look forward, not backward. While your financial statements and tax filings keep you compliant, this call focuses on planning for growth and setting clear goals.
What’s Included:
Forward-Looking Discussion: Instead of reviewing past results, we focus on what’s ahead — upcoming quarters, market opportunities, and operational adjustments.
Goal Setting: Work with your CPA to establish measurable, achievable business and financial goals for the next quarter.
Strategic Guidance: Explore tax-smart strategies, cash flow improvements, or operational adjustments to align with your growth plans.
Accountability: Each call sets a roadmap so you know what to prioritize before the next quarter.
Best For: Business owners who don’t just want compliance, but ongoing accountability and proactive direction to hit their growth and tax-efficiency goals.
Monthly Strategy Call — $200/month
Only available to purchase if Monthly Analysis Package is already purchased.
The Monthly Strategy Call add-on is designed for business owners who want continuous, forward-looking guidance. Each month, you’ll have a 60-minute scheduled video strategy call with your CPA to focus on strategy, goal setting, and future growth opportunities.
What’s included:
Forward-looking focus – Instead of reviewing past financials, we’ll look ahead at tax planning opportunities, cash flow strategies, and growth initiatives.
Goal setting and accountability – We’ll review your progress each month, adjust your targets, and hold you accountable to keep your business moving forward.
Real-time guidance – Discuss challenges, evaluate new opportunities, and gain actionable advice from a CPA who understands your business.
This add-on ensures you have a trusted partner in your corner every month, helping you stay focused, proactive, and aligned with your long-term goals.
Best for: Business owners who want regular touchpoints with their CPA, and who value ongoing accountability and strategic alignment.
Annual Tax Plan Review — $60/month
Included in Quarterly and Monthly Financial & Tax Analysis add-ons at no additional cost.
Staying compliant is one thing, but minimizing your taxes requires looking ahead, not just filing last year’s numbers. Our Annual Tax Plan Review gives you a proactive, CPA-led assessment to make sure you’re keeping more of what you earn.
What’s Included:
Current Year Projection: Using your updated year-to-date financials, we project your taxable income and estimate what your tax liability will look like.
Tax Savings Opportunities: We identify available deductions, credits, and planning strategies such as RRSP contributions, CCA claims, or expense optimizations.
Written Action Plan: You’ll receive a clear, easy-to-follow summary with 2–3 key recommendations to save taxes and avoid CRA issues.
Why It’s Valuable:
Most small business owners only think about taxes at year-end, when it’s too late to make changes. By reviewing mid-year or before filing deadlines, you get a roadmap to reduce taxes before the year is locked in.
How It Works:
Conducted once per year (typically mid-year or a few months before year-end).
Delivered with a written report.
We will discuss the report through a scheduled video call to discuss recommendations in detail.
Best for: Businesses with fluctuating income or upcoming large purchases.
Payroll
Managing payroll can be one of the most time-consuming and stressful parts of running a business. Our payroll service ensures your employees are paid accurately and on time, while keeping you fully compliant with CRA requirements.
What’s Included:
Payroll processing for up to 5 employees – salaries, hourly wages, overtime, and vacation pay
Direct deposit setup and processing (employees are paid directly to their bank accounts)
Source deductions calculation & remittance (EI, CPP, and income tax withheld correctly and submitted to CRA)
T4 and T4A slips preparation & filing at year-end
Records of Employment (ROEs) when employees leave
Basic payroll support for common questions and adjustments
Why It Matters: Accurate payroll isn’t just about paying staff, it keeps your business in good standing with CRA and avoids costly penalties. With payroll handled by your CPA, you’ll save time, avoid errors, and have peace of mind that everything is done correctly.
Pricing:
1–2 employees: $100/month
3–5 employees: $150/month
Limitations under Starter Plan: Payroll under the Starter Plan is capped at 5 employees max. Beyond that, your business is better served under the Growth Plan, which is designed for scaling teams and more complex payroll structures.
Best For: Sole proprietors with a small team, trades or service businesses with just a few employees, and owners who want payroll off their plate.