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We offer professional Accounting, Tax, Financial service, Business Support and Marketing solutions to businesses.
Self-Employed Accounting & Tax Services
At Wincast, we understand the unique challenges that come with self-employment. Our team is here to ensure you stay updated on all your financial records, allowing you to focus on what you do best.
What Qualifies as Self-Employed in Canada?
In Canada, you are considered self-employed when you engage in trading goods or services for money without an employer. This means that you must report all your income and file taxes with the Canada Revenue Agency (CRA). Your income as a self-employed individual is treated as part of your personal income on your Personal Tax Return (T1).
It’s important to note that there is no distinction between your business and personal income, meaning the income tax rate is the same for both. Also, self-employed individuals are responsible for making contributions to the Canada Pension Plan (CPP) and may opt to contribute to Employment Insurance (EI). This adds up to a total tax obligation that includes income tax plus CPP and/or EI contributions
Our Clients
Need a professional Accounting, Bookkeeping, Tax, Marketing and business consultation? Let's discuss your case!
Self-Employed Accounting and Tax Services
Wincast provides tailored accounting and tax services to support your initiatives. Our extensive experience with diverse industry specialists empowers us to assist self-employed individuals effectively.
Our services include:
- Bookkeeping
- Financial Statement Preparation
- Financing Assistance (e.g., Bank Loans)
- Tax Return Preparation
- Payroll Services
- Business Consulting
- Strategic Business Advice
- Accurate Business Accounts
- Innovative Financial Strategies
- Financial Checks and Balances
Let us leverage our extensive knowledge and personal experience with self-employed individuals to streamline your accounting and bookkeeping systems, reduce your tax liabilities, and enhance your profitability. This way, you can dedicate more time to the work you love.
Any questions? Request a call-back to get a free consultation
How Can Wincast Help Your Business?
Hiring an accountant can significantly alleviate the burden of managing your finances. As a self-employed professional, you likely face the challenge of balancing the daily demands of running your business with the complexities of financial management.
Engaging Wincast allows you to focus on revenue-generating activities while we ensure that your paperwork is in order and that you’re compliant with CRA regulations.
Self-employed taxes in Canada differ from regular professional taxes and offer various deductions. We simplify the entire tax process, relieving you of the headaches often associated with tax preparation.
Why Choose Wincast?
Wincast Inc. is a trusted accounting firm comprised of highly qualified professional accountants dedicated to serving self-employed individuals. We prioritize each client, striving to provide top-tier accounting and taxation services that help you establish a strong foothold in your industry and compete effectively with larger firms.
We understand that as a self-employed professional, you value flexibility. That’s why we offer online accounting and bookkeeping services, allowing you to manage your finances on your own schedule. Our tax consultations can be conducted via detailed email responses, phone calls, or video conferencing, providing you with the convenience and efficiency you need.