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 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 propertyRental 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 toolFor businesses
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-endBusiness 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 PayrollEmployee 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 StructureShould 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/HSTHST 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 toolGeneral information only. The tools don’t submit what you enter to Sora, and none of them is tax, accounting or legal advice.
Guides
Plain answers, before the first conversation.
For individuals & families
What to bring for your personal tax return
A practical list of the slips, receipts and details to gather before your personal tax return is prepared.
Read the guide CRA correspondenceGot 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 taxSelf-employed in Ontario: tax basics (T2125, HST, instalments)
What a sole proprietor in Ontario needs to know about reporting business income, registering for HST and paying tax through the year.
Read the guide Personal taxBehind 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 taxRental 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 taxNew 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 guideFor businesses
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 accountantHow 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 taxT2 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 BookkeepingMonthly bookkeeping checklist for small businesses
A repeatable review of balances, missing records and the questions behind your financial reports.
Read the guide Tax essentialsDo 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 PayrollHiring your first employee: a payroll checklist
Organize your employee information, approvals and records before the first pay run.
Read the guide Business essentialsShould 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 taxSalary 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 essentialsCRA tax deadlines 2026–2027
The recurring CRA filing and payment dates for individuals, self-employed owners, corporations and employers, with the 2026 and 2027 calendar dates.
Read the guide Tax essentialsCommon 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 guideKey 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- Fourth quarterly instalment for individuals
- T4, T4A and T5 slips due to recipients and the CRA
- First quarterly instalment for individuals who pay by instalments
- T3 trust returns due for December year-ends
- Personal (T1) returns due, and any balance owing
- T1 returns due for self-employed individuals (any balance was still due April 30)
- Second quarterly instalment for individuals
- T2 corporate returns due for December 31 year-ends
Common questions
Good questions to ask before you call.
What does Sora help with?
Bookkeeping and financial management, corporate and personal tax preparation, GST/HST, payroll, tax advisory and CRA audit assistance.
Where is Sora based?
Sora is based in Ancaster, Hamilton, Ontario. Please contact the firm to arrange a meeting.
Is the first consultation free?
The initial consultation is free. It is a conversation about your situation and next steps, rather than tax preparation or an ongoing engagement.
How much will the work cost?
Basic T1 personal return: $125. T1 business return: $465. Monthly bookkeeping: From $50/month. For minimal transactions. Monthly pricing is based on transaction volume. Corporate return: $1,425. HST: $375. Payroll: $50 per filing. All prices in CAD. Scope and fees are confirmed before paid work begins. Your initial consultation is free.
Can I get help if my books are behind?
Tell us which periods are outstanding and mention any CRA deadlines. The team can review your situation and discuss the next steps.
Should I send my tax slips through the website?
No. Keep SINs, bank details, tax slips and other sensitive records out of the public form and chat. The firm will confirm a suitable way to share documents.
Who leads the firm?
Nauman Chaudhry, CPA is the founder and principal of Sora Accounting & Tax.
Start with Sora
Not sure where to start?
Answer a few quick questions or call us to talk it through. Your first consultation is free.