Accounting for Uxbridge.
Personal tax, corporate accounting and rural / boutique business accounting for Uxbridge. We come up to you when needed, video for everything else. ~25 minutes from our Whitby office.
Uxbridge is its own world inside Durham.
Uxbridge clients tend to fall into one of a few patterns: equestrian and rural professionals running businesses on or around hobby farms, boutique service businesses where the owner is also the deliverer, second-home owners renting out cottages or in-law suites, and retirees with significant assets thinking about the next 20 years. The accounting picture is often more complex than the headcount suggests.
We've been working with Uxbridge clients since well before the cottage-country boom of the last decade. Most files are video-first with one or two in-person meetings a year, usually for the year-end and the strategy session in fall.
The full picture for your year.
Personal tax, corporate tax, bookkeeping, payroll and advisory. One firm for the whole picture, with the depth to handle the more nuanced situations Uxbridge clients often have.
Personal tax (T1)
Filed correctly with rental, farm, capital gains and investment income all coordinated.
Corporate tax (T2)
For incorporated boutique businesses and consulting practices. Filed on time with planning ahead.
Rural & farm accounting
Farm income classification, CCA on equipment and buildings, principal residence on the operation.
Short-term rental tax
Cottage and Airbnb rental income, personal-use vs rental-use apportioning, GST/HST when applicable.
Wealth & estate planning
Multi-year strategy for higher-net-worth clients. Holding companies, gifting, eventual T3 trust returns.
Monthly bookkeeping
Reconciled to your bank and your invoicing every month so year-end is a fast close.
Where we add the most value.
Four common Uxbridge client profiles, and where our work tends to make the biggest difference.
Equestrian and rural professionals
Hobby farms, riding schools, boarding operations and the broader equestrian ecosystem. Tax treatment of farm income vs hobby, CCA on the property and equipment, the principal residence question when you live on the operation. We sort it out properly.
Boutique service businesses
Solo professionals, designers, consultants and one-or-two-person operations where the owner is also the work. Corporate side and personal return planned together, with the cash-flow lumpiness of seasonal client demand built into the model.
Second-home and cottage rental owners
If you own a cottage or in-law suite that you rent on Airbnb or VRBO, the tax treatment is more nuanced than people expect. Personal-use vs rental-use apportioning, principal residence designation, GST/HST on short-term rentals: we handle the whole picture.
Retiree wealth and estate planning
Higher-net-worth Uxbridge clients thinking through the multi-year withdrawal strategy, gifting, holding companies and eventual estate. We coordinate with your investment advisor and your lawyer so the tax work fits into the broader plan.
Three kinds of Uxbridge clients.
Equestrian and rural businesses
Riding schools, boarding, hobby farms with revenue. Personal and corporate filed together with the rural-property and farm-income rules handled correctly.
Boutique professionals and consultants
Solo and one-to-three-person operations. We handle the corporate side and the personal return, with planning around the cash-flow lumps.
Wealth and estate-planning clients
Retired or near-retirement Uxbridge clients with significant assets. Multi-year tax planning, holding company strategy, gradual estate work.
You'll work directly with Elena.
EK CPA Pro is owner-operated. When you call, you're talking to the CPA, CA who's actually doing the work, not a junior who hands the file off at year-end. Elena has been working with owner-operated businesses across Durham Region since 2009, and is a graduate of CPA Canada's In-Depth Tax Program.
How meetings work for Uxbridge clients.
Most Uxbridge clients work with us video-first because of the drive. We typically meet in person once or twice a year, for the kick-off, the year-end review, or a tax-strategy session. Either at our Whitby office or, for clients with bigger files, at your location.
Video
Most regular check-ins. Documents shared securely beforehand so the meeting is the conversation.
In-person at your location
Annual reviews and kick-off meetings, especially for clients with farm or rural-business operations to walk through.
In-person at our Whitby office
70 Taunton Road East, Whitby. ~25 min drive. Often used for the year-end signing meeting.
Questions Uxbridge clients ask first.
I run a horse boarding business / hobby farm. How do you handle that?
Farm income has its own tax treatment under the Income Tax Act, separate from regular business income, with specific rules around losses, CCA classes for buildings and equipment, and the principal residence question when you live on the property. We've handled this combination many times and we sort it out cleanly.
I rent out my cottage on Airbnb. What changes on my taxes?
Rental income is taxable. The deductible portion of expenses gets apportioned between personal-use and rental-use days. If your gross rental crosses the GST/HST threshold, you may need to register and start charging GST/HST on the bookings. The principal residence designation gets complicated when one property is sometimes rented. We sort the categorization once and run it cleanly from then on.
I'm thinking about retirement and want to plan the next 20 years. Can you help?
Yes, the tax side. We model the multi-year withdrawal sequence (RRSP/RRIF, non-registered, dividends from your corp if you have one), coordinate with your investment advisor and your lawyer, and structure the gradual gifting and holding-company strategy where it applies. The earlier we start, the more flexibility you have.
Do you come up to Uxbridge or do I have to drive to Whitby?
Both work. Most Uxbridge clients are video-first because of the drive, with one or two in-person meetings a year. For clients with farm or rural-business operations, we typically come to you for the kick-off and the annual review so we can walk the property. For others, the Whitby office works fine.
How do you bill?
Fixed-fee, quoted up front. You'll know the cost of your work before we start. No surprise invoices, no hourly billing.