Elgin County Professional Service Inc.

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Canada
Saint Thomas, ON
Elgin County Professional Service Inc.

5 locations across Canada to serve you.

Full-service Bookkeeping and Accounting firm.
-full monthly cycle Bookkeeping
-remote accounting solutions (AP/AR/Payroll)
-personal and business taxes
-Incorporated & Sole Proprietors welcome

05/29/2026

Airbnb bookkeeping Canada is one of the biggest things hosts leave until the last minute… and it’s exactly why tax season becomes so stressful. 🇨🇦📋

If you own an Airbnb or short term rental in Canada, having a simple monthly bookkeeping routine can help you avoid missed write offs, CRA issues, messy records, and surprise tax bills later on.

Most Airbnb hosts are not bad at business.
They’re just not staying organized consistently.

This 30 minute monthly Airbnb bookkeeping routine helps you:
☁️ track Airbnb income properly
☁️ stay ready for tax season
☁️ monitor Airbnb profits
☁️ organize receipts and expenses
☁️ know when HST registration may apply
☁️ avoid common Canadian Airbnb tax mistakes

Whether you run an Airbnb in Toronto, Muskoka, Ottawa, Vancouver, Calgary, or anywhere else in Canada, this is something every host should be doing monthly.

Save this post now so future you doesn’t panic during tax season. 📌

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05/28/2026

Ontario Airbnb taxes are catching many hosts off guard lately, especially when selling a short term rental property. 👀

Many Airbnb owners don’t realize they may owe 13% HST on the sale of their Airbnb depending on how the property was used.

If your property operated like a short term rental or vacation rental, CRA may not treat the sale the same way as a normal residential home sale. This is one of the biggest Airbnb tax mistakes Canadian hosts make.

Whether you own an Airbnb in Toronto, Muskoka, Niagara, Ottawa, or anywhere else in Ontario, it’s worth checking before you list your property for sale.

📌Save this post for future reference or share it with an Airbnb host who needs to see this.

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05/27/2026

Ontario Airbnb hosts: if your short term rental income passed $30,000, there’s a very good chance you need to register for HST… and a lot of hosts don’t realize it until they’re already behind. 👀

In Canada, Airbnb income is considered taxable business income, and once you cross the $30K threshold in a 12 month period, the CRA generally requires you to register and start charging/remitting HST. That includes many Airbnb hosts, vacation rentals, and short term rental properties across Ontario.

Here’s where people get caught off guard:
☁️ thinking Airbnb handles everything automatically
☁️ not tracking rental income properly
☁️ forgetting HST applies differently to short term vs long term rentals
☁️ missing write offs and input tax credits
☁️ waiting until tax season to figure it out

The worst part? A lot of hosts only learn this after receiving CRA letters, penalties, or unexpected tax balances.

If you run an Airbnb in Ontario, this is your sign to check your numbers before it becomes a stressful (and expensive) surprise later. Save this or send it to an Airbnb host who needs to see it.

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05/22/2026

Your Airbnb made $80,000 last year. Do you actually know what you owe CRA? 👀

Airbnb deposits money into your account and that feels like the job is done. It's not, that's actually just step one.

Here's what most Ontario hosts are quietly getting wrong:

🏡The HST rule that catches everyone off guard
Once your Airbnb earns over $30,000 in any 12 month period you legally have to register for HST and charge it to guests. Most hosts hit this number without realizing it. CRA notices before you do.

🏡The write offs you're probably leaving behind
Cleaning fees, guest supplies, repairs, a portion of your mortgage interest, property taxes, and utilities, Airbnb's service fees, your internet bill. Most hosts track maybe two or three of these, the rest is money you're giving away for no reason.

The number you're reporting is probably wrong:
Airbnb pays you after taking their cut. CRA wants the full booking amount before that cut -then you deduct Airbnb's fees as an expense. If you're reporting the deposit that hits your bank you're already filing incorrectly.

Clean books fix all of this. Drop a 🏠 below if you want to know where to start.

05/20/2026

CRA audit letters don't mean you did something wrong. Here's what Ontario business owners actually need to know before panic sets in:

Most audits are triggered by small inconsistencies: vehicle expenses that look too high, HST filings that don't match your income tax return, or multiple years of losses.

The businesses that get through audits fast all have one thing in common: clean books.

Every receipt is categorized. Every bank account reconciled. Every HST payment matched. When CRA asks, you hand them a file, and it's done in weeks.

The ones who struggle went in with a messy spreadsheet, missing receipts, and income spread across personal and business accounts. CRA then estimates what you earned based on what you own and spent, and that number is almost always higher than reality.

If you got a letter and don't know where to start, drop a 📂 below and I'll tell you exactly what to do first.

05/13/2026

Five bookkeeping mistakes I see small business owners in Ontario make every single week and the simple fix for each one!

1️⃣You're paying for groceries with the business card: I know, it's right there in your wallet, it's easy, but every personal swipe is another transaction we have to untangle later, and it's a red flag if the CRA ever takes a look. Use the business card for business.

2️⃣ You're sending e transfers with no memo. "Sent $400." To who? For what? We're guessing every time, and guesses lead to missed deductions. Two seconds to type a memo saves us an hour and saves you money. Please.

3️⃣ Your receipts are living in your truck console or your purse... maybe even that mystery drawer in the kitchen. Snap a photo the second you get the receipt, then the paper can do whatever it wants.

4️⃣ You're calling us at 11pm in April. We love you, we do, but we can't fix nine months of missing receipts the night before your tax deadline. A 15-minute check in every month keeps April boring (in a good way).

5️⃣ You keep saying "I'll catch up next month." You won't and that's okay, bookkeeping isn't your job. That's literally what we're here for, catch up bookkeeping is our thing, no matter how behind you are.

If even one of these hit a little too close, send us a DM! 💌

First call is free, and we'll tell you exactly what it'd take to get your books clean and your weekends back!

05/07/2026

Karen Leslie, B.A. is a renowned Stress Recovery Expert, educator, coach, speaker, and best‑selling author with over 25 years of experience in energy work and holistic healing.

Holding a degree in Sociology from the University of Western Ontario (1980), Karen has pursued deep expertise in modalities including Reiki (Master/Teacher), Integrated Energy Therapy, and Light Medicine Practitioner certifications earned through the last two decades.

As the founder of Stress Recovery Solutions, Karen combines intuitive, personalized healing methods with practical coaching to guide individuals through anxiety, burnout, trauma, chronic stress, and self‑judgment.

Her signature podcast and TV show, Cultivating Kindness With Karen, along with her interactive speaking engagements, illuminate tools for transforming mental habits and cultivating inner calm and emotional clarity.

Karen is also the international best‑selling author of Light From The Shadows, contributing a powerful chapter titled “Bringing Kindness and Compassion to the World,” which shares her journey from personal struggle to healing and service in empowering others.

With a warm and empathic presence, Karen is acclaimed for her ability to meet each client where they are, helping them reclaim clarity, resilience, and a more embodied, balanced life.

05/04/2026

This is what happens when you aren't treated as just another number when it comes to filing your tax returns.

This review meant everything to us. Lara was stressed, a business owner busy doing her own thing but never actually getting answers in the past during tax time.

As business owners, you are busy running your business, and often times tax time becomes nothing but stressful. Our goal is to change that.

We got to work, filed everything on time all while answering questions that she had. No question is not worth answering so we are ALWAYS here to help you!

Want help with your books this year? Comment BOOKS and we will send you a DM!

04/27/2026

We LOVE our clients!

From start to finish, our goal is to make the entire process seamless for you, but to actually help you understand too.

We find there are so many times that our clients have never actually been walked through tools like Quickbooks or shown how to do it themselves. Once you learn, it is truly life changing!!

After we taught this client, they now have the understanding they need going forward and we are so happy to help along the way!

Want to learn more about bookkeeping and learn the same? Send us a DM and we will help you!

04/21/2026

Remember these key dates for your business and personal taxes!

April 30: your tax return must be filed and is also the payment deadline. Make sure to file on time to avoid penalties!

June 15: Self employed deadline for paperwork but the money you owe is still due by April 30.

Save this for later and remember these key upcoming dates!

Address

PO Box 72017
Saint Thomas, ON
N5Z0A7

Telephone

+15194040776

Website

https://www.ElginCountyProfessionalService.ca/

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