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Resources

Straight answers to common tax questions.

Free guides, checklists and calculators for individuals and business owners in Ontario. No sign-up needed.

Tools & calculators

Free tools. No sign-up required.

For individuals & families

Personal tax

Personal tax checklist

A printable tick-list of the slips, receipts and records for a personal return — T4s, T5s, RRSP receipts, medical, donations, childcare, tuition, rental and self-employment. Progress stays on your device.

Open the tool Rental property

Rental property expense checklist

What landlords can track and claim on form T776 — interest, property taxes, insurance, repairs, utilities, management, condo fees — and which costs are capital instead. Progress stays on your device.

Open the tool

For businesses

Cash & planning

Cash runway calculator

Explore how cash on hand, monthly receipts, payments and a reserve change a simple runway scenario. Calculated in your browser; nothing is submitted.

Open the tool Year-end

Business year-end checklist

Check off 25 year-end preparation items, save a text copy and print the list for your next conversation. Progress stays on your device.

Open the tool Payroll

Employee or contractor? Worker status checker

Answer seven questions about how a worker actually works with you and see which way the CRA’s factors lean — before you decide whether payroll deductions apply. General information, not a ruling.

Open the tool Structure

Should I incorporate? estimator

Compare rough personal tax on business income as a sole proprietor against corporate tax plus personal tax on what you take out, for an Ontario resident using 2026 rates. A rough estimate, not advice.

Open the tool GST/HST

HST registration checker

Answer six questions about the CRA’s $30,000 small-supplier threshold — single quarter, last four quarters, associated businesses, ride-share — and see whether GST/HST registration is likely required. General information, not a determination.

Open the tool

General information only. The tools don’t submit what you enter to Versa, and none of them is tax, accounting or legal advice.

Guides

Plain answers, before the first conversation.

For individuals & families

Personal tax

What to gather for your 2026 personal tax return

Gather the slips, receipts and records for your 2026 tax return. A practical checklist for employment, self-employment, investments and property sales.

Read the guide CRA correspondence

Got a letter from the CRA? What to do next

How to read a CRA letter, confirm it is genuine, respond on time and know when a formal objection is the right step.

Read the guide Personal tax

Self-employed taxes in Ontario: prepare your 2026 return

Prepare your 2026 self-employed tax return in Ontario. Organize T2125 records, review GST/HST obligations and keep filing and payment dates separate.

Read the guide Personal tax

Behind on your taxes? How to catch up

A step-by-step approach to filing unfiled returns, understanding penalties and interest, and deciding whether the Voluntary Disclosures Program applies.

Read the guide Personal tax

Rental income: what you can claim

How rental income is reported on Form T776, which expenses are deductible, how current and capital expenses differ and why capital cost allowance deserves caution.

Read the guide Personal tax

New to Canada: filing your first tax return

What newcomers need to know about residency for tax purposes, reporting income from the date of arrival and filing a return to receive benefits.

Read the guide Personal tax

RRSP and FHSA deadlines for your 2026 taxes

Compare the RRSP and FHSA deadlines for your 2026 taxes, understand contribution versus deduction timing, and prepare your records with Versa.

Read the guide Personal tax

How much does tax preparation cost in Brampton?

What affects tax preparation costs in Brampton? Compare return complexity, record cleanup and included support, then request a clear quote from Versa.

Read the guide Personal tax

Sold your home in 2026? What to prepare for your tax return

Sold a home in 2026? Learn why principal-residence sales still need reporting, which records to gather and when rental use or a short ownership needs review.

Read the guide

For businesses

Business essentials

Business year-end checklist: what your accountant needs

Organize the records and questions your accountant needs before a business year-end.

Read the guide Working with an accountant

How to switch accountants without missing a deadline

A practical plan for moving records, access and open questions without losing track of a deadline.

Read the guide Corporate tax

T2 deadlines explained: when to file vs. when to pay

Why your year-end plan should distinguish preparing the T2 return from paying the tax.

Read the guide Bookkeeping

Monthly bookkeeping checklist for small businesses

A repeatable review of balances, missing records and the questions behind your financial reports.

Read the guide Tax essentials

Do I need to register for HST? The $30,000 rule explained

An intake guide for discussing registration, taxable supplies and when to begin charging GST/HST.

Read the guide Payroll

Hiring your first employee: a payroll checklist

Organize your employee information, approvals and records before the first pay run.

Read the guide Business essentials

Should I incorporate? A guide for Ontario business owners

What changes when a sole proprietorship becomes a corporation, and the questions to settle before you file articles.

Read the guide Corporate tax

Salary vs. dividends: how to pay yourself

How salary and dividends differ for an owner-manager, and the facts to gather before choosing a mix.

Read the guide Tax essentials

Canadian tax deadlines for 2027: filing your 2026 return

Plan your 2026 return with Canadian tax deadlines for 2027. Compare personal, self-employed and corporate filing dates with payment and contribution dates.

Read the guide Tax essentials

Common business expenses you can deduct

The CRA’s general rule for business expenses, the categories that most often raise questions, and what does not qualify.

Read the guide

Key CRA dates

The next dates on the calendar.

General CRA dates, not advice for your situation. A corporation’s T2 is due six months after its own year-end, so yours may be closer than it looks.

Work out your corporation’s dates
  1. Fourth quarterly instalment for individuals
  2. T4, T4A and T5 slips due to recipients and the CRA
  3. First quarterly instalment for individuals who pay by instalments
  4. T3 trust returns due for December year-ends
  5. Personal (T1) returns due, and any balance owing
  6. T1 returns due for self-employed individuals (any balance was still due April 30)
  7. Second quarterly instalment for individuals
  8. T2 corporate returns due for December 31 year-ends

Common questions

Good questions to ask before you call.

Every question
Is the first consultation free?

Yes. Your first conversation is free and comes with no obligation. We’ll talk through your situation and tell you how we can help.

How much will it cost?

It depends on the size and complexity of the work. After the consultation, you’ll get the scope and fee in writing before anything starts, so there are no surprises.

Can I switch from my current accountant?

Yes, and it’s easier than most people expect. We’ll handle the handover, request what we need and make sure no deadlines are missed along the way.

I’m behind on my filings. Can you still help?

Absolutely. We regularly help clients catch up on unfiled returns and overdue books, and we’ll work with the CRA on your behalf where needed.

Do I need to come to your office?

No. We work with clients across Ontario by phone and video. You’re welcome to meet at our Brampton office by appointment.

What should I have ready for the first meeting?

Nothing is required. If it’s handy, your most recent tax return, financial statements or any CRA letters help us get up to speed faster.

Do you work with QuickBooks or Xero?

Yes. We work with both and can set up, clean up or take over your existing system.

Start with Versa

Not sure where to start?

Answer a few quick questions or call us to talk it through. Your first consultation is free.

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