Financially Yours Bookkeeping Solutions

Sole Proprietor Reminder

Are You a Sole Proprietor? This One’s for You 👇

If you’re self-employed:

✔ You report business income on your personal return
✔ Filing deadline is June 15
✔ BUT any taxes owed are still due April 30

Waiting until June without planning for April can mean interest charges.

Year-end bookkeeping, expense review, and proper reconciliations can make a significant difference in your tax outcome.

Message me if your books need a year-end cleanup.

Do You Have a Corporation? Don’t Forget Your T2 Return.

Many business owners don’t realize:

• Your T2 Corporation Income Tax Return is due 6 months after your fiscal year-end
• Corporate taxes owing are due 2–3 months after year-end
• Even if your corporation made no income, you still must file

Late filing penalties start at 5% of the unpaid tax plus 1% per month.

If your year-end has passed and your books aren’t finalized, now is the time to get them organized.

Let’s make sure your accountant has everything they need on time and accurate.

“Know Your Deadlines”

🚨 Canadian Tax Deadlines You Shouldn’t Miss 🚨

Here’s a quick reminder for 2026 filing (for 2025 tax year):

✔ Personal Income Tax (T1) – Due April 30 at 11:59 PM
✔ Self-Employed Individuals – Filing deadline June 15 (but any balance owing is still due April 30)
✔ Corporate T2 Returns – Due 6 months after your fiscal year-end
✔ Corporate Taxes Owing – Due 2 or 3 months after year-end (depending on eligibility for the small business deduction)
✔ GST/HST (Annual Filers – Dec 31 year-end) – Return & payment due April 30

Don’t wait until the last minute — clean books make filing smoother and help avoid penalties and interest.

📩 If you’re unsure what applies to you, send me a message.

🚨 Tax deadlines are approaching!

If your bookkeeping isn’t up to date, now is the time to act. Waiting until the last minute can mean unnecessary stress and added costs.

Accurate financial records = smoother tax filing + fewer surprises.

If you need catch-up bookkeeping or year-end preparation, reach out today so we can get you back on track.

Spots fill quickly during tax season!

📩 Send me a message to secure your spot.

Tax season doesn’t have to be stressful!

If you’re feeling overwhelmed by receipts, bank statements, or catching up on bookkeeping — you’re not alone. This is the time of year when many business owners realize they need a little extra support.

Let’s tidy things up and get you ready for your accountant (without the panic).

Send me a message and let’s check this off your list ✔️

It’s that time of year again! 📊

Whether you're a small business owner, self-employed, or preparing documents for your accountant, now is the perfect time to ensure your books are organized and up to date. Clean, accurate records make tax season smoother, less stressful, and more cost-effective.

If your bookkeeping needs a little attention before filing deadlines, I’m here to help.

Let’s get everything in order so you can file with confidence!

📩 Message me to get started.