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ABOUT BUSINESS

At My Office Space, we specialize in delivering customized bookkeeping and accounting services to small and medium-sized businesses. Our mission is to help clients stay organized, compliant, and ahead of their tax and financial reporting obligations. With flexible service packages—monthly, quarterly, semi-annually, and annually—we cater to the specific needs of each business. Our comprehensive services include income tax preparation, payroll management, CRA audit support, office administration, bookkeeping, and more allowing business owners to focus on what truly matters: growing their business.
We are dedicated to removing the burden of managing deadlines, taxes, and budgets. By handling all the financial details—from reporting deadlines to payroll—we empower business owners to focus on their core operations with confidence. Our streamlined processes provide peace of mind, ensuring clients can thrive without the stress of financial complexities.
What sets us apart is our commitment to a personalized, client-first approach. When you partner with us, you become part of our family. We invest in your success, providing continuous support and fostering long-term relationships that ensure you feel confident and well-cared for at every stage of your business journey.

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FREQUENTLY ASKED QUESTIONS

Do I need to register for HST, and when should I start collecting it?

If your business makes more than $30,000 in revenue in any 12-month period, you are required to register for and collect HST. If you are below this threshold, registration is optional but can be beneficial if you have input tax credits (ITCs) to claim.

Is it better to operate as a sole proprietorship or incorporate my business?

CRA is auditing my income tax and HST. Should I handle it myself or hire a professional?