Small Business & Sole Proprietor Tax Filing (T1 + T2125)
Tax filing made easy for freelancers, contractors, and self-employed professionals.
We help you report income, claim every deduction, and stay compliant with CRA.
Self-Employment Tax Filing for Canadian Freelancers & Small Businesses
If you're self-employed, a freelancer, or run a small business in Canada, you're required to report your income and expenses through your personal return using Form T1 + T2125 (Statement of Business or Professional Activities).
At Tax Genius LLC, we specialize in preparing and e-filing self-employment and small business tax returns. Our experts ensure your income is accurately reported, your expenses are maximized, and your return is CRA-compliant โ all while identifying legal ways to reduce your tax bill.
From first-time freelancers to experienced contractors, we simplify the process so you can focus on growing your business.
T1 + T2125 Filing
Complete personal and business tax returns
Expense Optimization
Maximize deductions and minimize tax
GST/HST Reporting
Accurate tax collection and filing
What's Included
Complete self-employment and small business tax preparation services
T1 Personal Tax Return with Business Income
Preparation and e-filing of your personal tax return (T1) including self-employed income.
T2125 Business/Professional Activity Statement
Detailed reporting of business income and expenses, including home office, vehicle, and supply costs.
Expense Optimization & Deduction Review
We review your expenses to ensure every eligible cost is claimed โ maximizing your refund or minimizing tax owing.
GST/HST Reporting Assistance
We calculate and report GST/HST collected and paid, and file your periodic returns.
Multi-Income Stream Support
We handle multiple business activities, contract income, or side hustles on a single return.
CRA E-Filing & Confirmation
Your return is securely filed electronically with CRA, with official confirmation and summary report.
Who This Service Is For
Tax filing solutions for all types of self-employed Canadians
Freelancers & Contractors
Designers, consultants, IT professionals
Self-Employed & Gig Workers
Uber, Etsy, Amazon, service-based businesses
Small Business Owners
Sole proprietors and independent businesses
New Entrepreneurs
First-year business tax filing
Part-Time Income Earners
Side income or multiple revenue streams
Our 4-Step Process
Streamlined workflow for accurate self-employment tax filing
Income & Expense Review
We gather your income details (invoices, 1099-equivalent slips, sales) and review all business expenses.
Prepare T2125 Statement
We prepare a complete T2125 to report your business activity, expenses, and net income accurately.
File T1 Return
We integrate your T2125 data into your T1 personal return, calculate taxes payable, and e-file with CRA.
Optimize for Next Year
We provide tailored recommendations to improve your tax efficiency and recordkeeping for future filings.
Required Documents
Why Choose Tax Genius LLC
๐ผ Self-Employment Experts
We handle returns for freelancers, consultants, and independent professionals daily.
๐ก Maximize Deductions
We identify every eligible expense โ from home office to digital tools.
โ๏ธ CRA-Compliant Process
Accurate reporting and e-filing, with full CRA approval.
๐ Secure & Efficient
Encrypted document sharing and digital signature integration.
๐ Business Growth Insight
Year-round support for planning, GST/HST setup, and quarterly payments.
Pricing Packages
Transparent pricing for self-employed and small business tax filing
Basic Self-Employed Filing
One source of freelance income
- โ T1 personal tax return preparation
- โ Single T2125 business statement
- โ Basic expense deduction review
- โ CRA e-filing and confirmation
- โ Email support
Standard Small Business Filing
Multiple income streams or GST/HST filing
- โ Complete T1 + T2125 preparation
- โ Multiple income sources or business activities
- โ Comprehensive expense optimization
- โ GST/HST reporting and filing
- โ Home office and vehicle deductions
- โ CRA e-filing with confirmation
- โ Tax planning recommendations
- โ Priority support
Comprehensive Freelancer Package
Multi-year or advanced business deductions
- โ Full T1 + multiple T2125 statements
- โ Complex multi-stream income reporting
- โ Advanced expense and capital cost allowance (CCA)
- โ GST/HST registration and quarterly filings
- โ Prior-year catch-up filing assistance
- โ Quarterly tax instalment calculations
- โ Year-round CRA correspondence support
- โ Strategic business tax planning
- โ Dedicated account manager
๐ฌ Add-ons: bookkeeping, GST/HST setup, or prior-year filings available.
Frequently Asked Questions
Common questions about self-employment tax filing in Canada
Self-employed, freelancer, or contractor?
Let us prepare your T1 and T2125 accurately, maximize your deductions, and keep you CRA-compliant โ stress-free.
