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Gondaliya CPA

Healthcare Tax Experts

Tax Accountant for Speech-Language Pathologists in Ontario and Across Canada

As a speech-language pathologist your therapy and assessment services are HST-exempt, so we file your employed or self-employed return, claim every deduction you are owed from assessment tools to home office, track your autism-funding income, and set up a professional corporation when incorporating will save you tax. Whether you are a school-board or hospital SLP on a T4, a private-practice clinician on a T2125, a tele-practice therapist, or an incorporated SLP, we handle your personal and self-employed filing, the exempt HST, the CASLPO and liability-insurance deductions, the assessment tools and business-use-of-home, the autism-funding invoicing, and the incorporation and salary-dividend planning when it pays off — with AFFORDABLE flat fees.

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AFFORDABLE Speech-Language Pathologist Tax Accountant

A speech-language pathologist works with a tax reality most employees never face: your assessment and therapy services are HST-exempt supplies, so on your clinical work you charge no HST and recover no input tax credits, and only ancillary revenue such as communication-device sales or non-clinical workshops becomes taxable once it passes $30,000. On top of that you can be taxed three ways — employed on a T4, self-employed on a T2125, or incorporated through a Speech-Language Pathology Professional Corporation — and your standardized assessment tools, therapy materials and autism-funding income all have to be handled correctly. As a trusted speech-language pathologists accountant in Ontario, we specialize in self-employed SLP tax filing and incorporation planning for speech-language pathologists, giving you AFFORDABLE flat-fee support that keeps you CRA-compliant and stops you paying more tax than you owe.

As experienced accountants for speech-language pathologists, we work with pediatric private-practice SLPs, adult and rehabilitation SLPs, school-based SLPs, and tele-practice SLPs across Ontario, with year-round support. We tell you plainly what you can deduct, what you cannot, and the exact income level where incorporating a professional corporation starts putting money back in your pocket.

Let us handle the numbers so you can focus on the clients and practice that actually pay you.

Gondaliya CPA team - accounting and tax services for speech-language pathologists

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Accounting That Understands How a Speech-Language Practice Actually Works

A speech-language pathologist faces a tax reality no ordinary employee does. Your assessment and therapy services are HST-exempt, and the questions that matter most are about how you practise, not whether you charge tax. Depending on how you earn, you may be employed, self-employed or incorporated, each with its own deductions and rules, and your autism-funding income and expensive assessment tools all have to be handled correctly. At Gondaliya CPA, we understand how a speech-language pathologist actually earns, what the CRA and the College of Audiologists and Speech-Language Pathologists of Ontario each expect, and how to keep every legitimate deduction across the GTA and all of Ontario.

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Your Services Are HST-Exempt

Speech-language pathology assessment and therapy carry no HST and no input tax credits.

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Assessment Tools & Home Office

Standardized tests, therapy materials and your home office are all claimable when set up correctly.

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Employee, Self-Employed or Incorporated

A T4 school SLP, a private-practice SLP and an incorporated SLP are taxed three different ways.

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Autism Funding & the Professional Corporation

Autism-funding income must be tracked, and a professional corporation and family shares decide your take-home.

Stay Compliant and Minimize Your Speech-Language Pathologist Tax

For a speech-language pathologist, staying onside with CRA and the College of Audiologists and Speech-Language Pathologists of Ontario while paying the least legal tax is one job. We keep every filing on schedule, confirm your exempt status, track your autism-funding income, and claim every deduction the T2125 or T2 allows, so nothing is missed and nothing invites a reassessment.

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CASLPO & the Professional Corporation

A speech-language pathologist is a regulated, title-protected profession, and an incorporated SLP must hold a Certificate of Authorization from the College of Audiologists and Speech-Language Pathologists of Ontario before a Speech-Language Pathology Professional Corporation can operate. We set up the share structure the College and the Ontario Business Corporations Act allow, keep the corporation compliant with CASLPO on renewal, and make sure the professional-corporation rules are respected so your Certificate of Authorization is never at risk.

HST & CRA Obligations

Your speech-language pathology assessment and therapy services are exempt supplies under Schedule V, Part II, so you charge no HST and recover no input tax credits on them, and most SLPs never register at all. We confirm your exempt status, prepare the T2200 an employed SLP needs to claim employment expenses, and file the correct T2125 or T4 return so CRA never assesses you on tax you were never required to collect.

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Year-End Deliverables for Speech-Language Pathologists

At year-end an SLP still needs proper income and expense records, including autism-funding income and assessment-tool costs, and a completed Form T2125 — or a T2 with GIFI for an incorporated practice — that ties to your records. Where a lender is involved you also need CPA-compiled financial statements. Our team prepares every deliverable on time and in compliance, so your file is audit-ready and financing-ready.

Accounting & Tax Experts for Speech-Language Pathologists

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  • AFFORDABLE + Fully Registered CPA Firm
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Why Choose Our Accounting Services for Speech-Language Pathologists?

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Tax Planning — SLP & PC Expertise

We know the moves that matter for a speech-language pathologist: T2125 versus a professional corporation, the section 125 small business deduction, an Individual Pension Plan, and the section 85 rollover. We claim what survives a CRA review and flag what will not.

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Consulting — Private-Practice Bookkeeping

Our bookkeeping is built for an SLP. We track your autism-funding income, your standardized assessment tools and your business-use-of-home so every legitimate cost is captured and nothing is missed.

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CRA Representation — SLP Audit & Deductions

When CRA questions a T2200 employment-expense claim, your business-use-of-home, or an exempt-versus-taxable question, we prepare the response, defend your claims, and unwind anything non-compliant before it becomes a reassessment.

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Bookkeeping — Growth, Incorporation & Retirement

As your practice grows, we set up your Speech-Language Pathology Professional Corporation, plan salary, dividends and family shares, and weigh an Individual Pension Plan so your retirement is funded tax-efficiently.

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Speech-Language Pathologist Tax and Accounting Services in Ontario

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Personal & Self-Employed Tax Filing for Speech-Language Pathologists

Employed T4 or self-employed T2125 preparation and T1 filing, accurate and CRA-compliant on every line of your practice income.

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Accounting & Bookkeeping for Speech-Language Pathologists

Reliable bookkeeping that tracks autism-funding income and assessment-tool costs, with clean records and monthly reporting.

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Tax Planning for Speech-Language Pathologists

Smart planning to reduce personal tax, weigh employed versus self-employed versus incorporated, and time a professional corporation.

Catch-Up Tax Filing for Speech-Language Pathologists

File overdue T2125 years for private-practice and tele-practice SLPs, rebuild missing records, and get back into CRA compliance.

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GST/HST Filing for Speech-Language Pathologists

AFFORDABLE HST support that confirms your exempt speech-language pathology services and registers you only if ancillary sales pass $30,000.

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Tax Cleanup for Speech-Language Pathologists

Correct business-use-of-home and assessment-tool claims, align employment expenses to the T2200, and bring every filing up to date.

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CRA Audit Resolution Services for Speech-Language Pathologists

Expert support to handle CRA audits, T2200 and business-use-of-home reviews, objections, and negotiations with confidence.

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CPA Compilation Report (Notice to Reader) for Speech-Language Pathologists

CPA-compiled financial statements that mortgage lenders and banks accept for a private-practice speech-language pathologist.

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Incorporation Services for Speech-Language Pathologists

Full incorporation of a Speech-Language Pathology Professional Corporation, including the CASLPO Certificate of Authorization, share structure, and section 85 rollover.

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Catch-Up Bookkeeping Services for Speech-Language Pathologists

Years of unreconciled clinic books rebuilt from client billing, insurance remittances and bank records, with the exempt and taxable split restored.

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US Corporation & LLC Tax Filing for Speech-Language Pathologists

Form 1120, treaty-based 1120-F, Form 5472 disclosure and LLC hybrid issues handled for SLPs with US clients or cross-border teletherapy.

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Voluntary Disclosure Program for Speech-Language Pathologists

Come forward on unreported practice income or unremitted HST through an RC199 application built to meet all five CRA acceptance conditions.

Accounting & Tax Services Tailored for Speech-Language Pathologists

Real, practitioner-level CPA expertise for pediatric, adult and rehabilitation, school-based and tele-practice speech-language pathologists across Ontario — built for how an SLP’s exempt clinical income, autism-funding income and assessment-tool costs actually work.

  • An employed school-board or hospital SLP files a T4 with few write-offs, so we claim the employment expenses a signed T2200 supports and deduct your CASLPO membership dues on line 21200, filing the T1 before CRA’s 5% plus 1% per month late-filing penalty starts.
  • A private-practice SLP is self-employed on a T2125, so we compute your self-employed CPP at 11.9% on Schedule 8 against your private practice therapy fees, so the CRA balance owing is never a surprise and you are not underpaying into your own pension.
  • We add your standardized assessment tools to CCA Class 8 therapy equipment at 20% and your tele-practice computers to Class 50 at 55% on the T2125, so the cost is deducted over time and a CRA review cannot deny expensing capital in a single year.
  • For a mobile SLP we claim vehicle and mileage against your home visit fees on your T2125 at your logbook business-use-of-home percentage, with loan interest capped at $350 per month under ITA 18(12), so a CRA review cannot deny an undocumented claim.
  • Where your school board signs a T2200 certifying your conditions of employment, we claim your continuing education costs, professional liability insurance and Speech-Language and Audiology Canada dues, deductible at 100% before the April 30 deadline, since CRA denies employment expenses without the signed form.
  • We build your chart of accounts in QuickBooks Online so 100% of your autism funding income, private-practice assessment fees and any taxable AAC device sales sits in separate streams, because CRA needs that split before the GST/HST small-supplier threshold is crossed.
  • Where your practice pays associate SLPs or contractors, we prepare T4A subcontractor slips and track their fees in Wave, so CRA’s late-slip penalty of up to $100 per slip never lands and your staff wages stay fully deductible against practice income at year-end.
  • We capture receipts through Dext and keep the six years of records section 230 demands, tagging your clinic rent and marketing costs, then claim business meals at the 50% rate so nothing fails when CRA later requests support for your T2125 expenses.
  • For a group practice we run the books in Sage 50, coding your tele-practice software and workshop and training income and reconciling monthly, so your December 31 year-end hands off cleanly to the T2125 with business meals correctly limited to the 50% rate.
  • We match your autism funding invoicing to Ontario Autism Program provider records exported from Jane App, tying every family and program payment to a deposit, so CRA sees a clean trail on your T2125 and 100% of the income is reported.
  • We model your tax three ways — employed on a T4, self-employed on a T2125, or incorporated — because a professional corporation pays 12.2% on the first $500,000 under the section 125 small business deduction, so we pinpoint where staying unincorporated hands CRA thousands more.
  • Once profit exceeds what you draw, we plan the move to a professional corporation and position the shares for the $1.25M lifetime capital gains exemption on a future sale reported on the corporation’s T2, which CRA would otherwise tax in full.
  • For an established SLP we weigh an RRSP against an Individual Pension Plan, because an IPP deducted on the corporation’s T2 beats the $33,810 RRSP ceiling past age 40; without it CRA leaves corporate surplus taxed instead of funding your retirement.
  • We pay dividends to family shareholders only within the TOSI rules, reporting split income on Form T1206 where the exclusions are not met, because CRA reassesses a spouse’s dividends at the top 53.53% rate if they fail the reasonable-return test.
  • We keep retained profits invested so passive income stays under the $50,000 passive income limit each year on the T2, because every dollar above it grinds down your small business deduction and pushes active income into the CRA general rate at 26.5%.
  • Unfiled T2125 years carrying your private-practice income lock your CRA My Account and freeze Canada Child Benefit payments, so we file the oldest year first, because the late-filing penalty can reach 10% of the balance plus 2% per month once CRA issues a demand.
  • Where communication-device sales or non-clinical workshop income passed $30,000 but you never registered, we file the missing GST/HST returns for that taxable side only, because CRA can assess the tax you should have collected plus interest going back years.
  • We reconstruct missing revenue from your Practice Better exports, e-transfer history and bank statements where no bookkeeping exists, then file a defensible T2125 for each unfiled year; coming forward first through the Voluntary Disclosures Program can secure 50% interest relief from CRA.
  • Where a prior bookkeeper’s error left school contract income unreported, we submit an RC4288 taxpayer-relief request covering the ten calendar years before the application, so CRA can cancel up to 100% of the penalties and the interest that built up.
  • A catch-up filing that reports gross tele-practice revenue but ignores capital cost allowance overpays CRA, so we claim the undepreciated capital cost pool on your practice equipment and computers at 20% and 55% across every unfiled year.
  • Your speech-language pathology assessment and therapy services are GST/HST exempt health services under Schedule V, Part II, so you charge no HST and claim no input tax credits, and CRA can make you repay 13% HST wrongly billed on exempt care.
  • The only taxable side is ancillary — communication-device sales or non-clinical workshops — and the moment that revenue passes the $30,000 HST registration threshold across four quarters you must register, so we pinpoint the quarter you cross before CRA assesses tax you never collected.
  • Most SLPs never register because the practice is 100% exempt, but where you run a taxable workshop line we claim input tax credits only on the costs behind it, never against exempt clinical work, since claiming ITCs on exempt income triggers a CRA reassessment.
  • We set up your books so exempt speech-language pathology revenue and any taxable ancillary revenue are reported separately, keeping 100% of exempt care free of HST and giving CRA a clean line 101, stopping the exempt-versus-taxable errors that flag a health-professional file.
  • When you must register for a taxable side, we set your reporting period, file every annual GST/HST return within three months of year-end and reconcile it in Xero, so a late return does not draw the 5% penalty even though most work is exempt.
  • Where a previous preparer charged 13% HST on your exempt speech-language pathology services, we correct the returns and handle the refund of tax collected in error, because CRA can hold you liable for amounts billed as HST even on supplies that were never taxable.
  • We reclassify personal costs run through the practice — family vehicle use, personal travel, home renovations — as non-deductible under ITA 18(1)(a) business expenses, filing an amended T2125, since one denied category in a CRA review can trigger the 50% gross-negligence penalty across three prior years.
  • We correct returns where standardized assessment tools were expensed in one year instead of added to the correct class at 20%, restoring the assessment tools deduction and the undepreciated capital cost you claim in future years and defending the position on a CRA review.
  • We amend GST/HST returns where input tax credits were claimed at 13% against exempt clinical income, filing the correction inside the four-year assessment window rather than waiting for CRA to find it and add interest at the prescribed rate.
  • Where a non-clinical workshop line should have carried HST but did not, we register you retroactively, remit the tax due and amend the GST/HST returns, so the $30,000 crossing you missed does not become a CRA assessment with interest stacked on top.
  • When CRA reviews an exempt-versus-taxable question, we present the records showing which revenue is exempt speech-language pathology care and which is taxable ancillary work at 13%, so the review closes without an assessment on income that was never taxable.
  • In a T2200 employment-expense audit we produce the signed conditions-of-employment form, your professional-dues receipts and pay records, because CRA disallows 100% of what an employed SLP claims when the form is missing or unsigned.
  • In a business-use-of-home review we defend your home-office percentage on the T2125 with a floor-plan measurement, utility bills and expense reports, filing inside the 30-day CRA query-letter deadline, since 100% of a claim disallowed for missing records is lost at objection.
  • Where CRA challenges consecutive losses from a start-up private practice, we build the reasonable-expectation-of-profit case with your business plan and revenue trend, defending the T2125 deductions so 100% of a non-capital loss carryforward good for 20 years is not denied.
  • Where an audit penalty stems from documented hardship or a former preparer’s mistake, we pursue relief on Form RC4288 to cancel up to 100% of it, and file a Notice of Objection within the 90-day limit when the CRA reassessment is wrong.
  • We prepare CSRS 4200 compilation-engagement financial statements for speech-language pathologists, tied to the T2125 you filed with CRA, because when your largely exempt income has no T4 and two years of T1 returns cannot verify 100% of it, the mortgage is refused without them.
  • Your compiled statement of financial position shows practice equipment at net book value, receivables and owner’s capital for the two most recent fiscal years from your CRA-filed T2125, so a lender can approve up to 80% loan-to-value a bare return cannot show.
  • We compile the statement of operations across two fiscal years, tied to the T2125 filed with CRA, so a lender sees a stable revenue trend rather than swings that cut your approved amount by 20%.
  • The CSRS 4200 communication states no audit or review was performed; the notes set out the basis of accounting and any shareholder loan on Schedule 50 of the T2 filed with CRA, without which a bank rejects 100% of the file in its 30-day window.
  • We deliver compiled statements within 30 days of your complete records and the year’s T2125, because 100% of a private-practice SLP’s mortgage or equipment-financing approval collapses when the lender’s offer expires before the file is ready, even as CRA’s deadline nears.
  • We incorporate your Speech-Language Pathology Professional Corporation and obtain the Certificate of Authorization from the College of Audiologists and Speech-Language Pathologists of Ontario, renewed annually; without it the corporation cannot bill under the T2 and 100% of your income stays taxed personally.
  • We register the corporation’s CRA Business Number and a payroll account through Wagepoint, then close the old accounts, so you never report income twice or charge HST on the 100% exempt side of your clinical work.
  • Once incorporated, your active practice income is taxed at the low Ontario small-business rate on the T2 rather than your personal rate reaching 53.53%, letting you leave surplus in the corporation to invest instead of handing it to CRA.
  • We complete the section 85 rollover to move your goodwill and clinic equipment into the corporation at elected amounts, deferring 100% of the capital gain a sale would trigger for CRA, and set a first year-end 53 weeks out to defer the initial T2 filing.
  • We design voting and non-voting share classes so dividends reach family shareholders within the TOSI rules, and we keep any shareholder loan onside under subsection 15(2), so CRA does not tax a withdrawal as income at the top 53.53% rate.
  • Years of unreconciled billing leave private-pay therapy fees, extended health insurance remittances and school-board contract payments jumbled in one deposit column, so we rebuild each receivable client by client and age the outstanding balances properly.
  • We separate exempt speech-language pathology assessment and therapy revenue from any taxable ancillary line such as communication-device sales or non-clinical workshops, then strip out input tax credits a prior bookkeeper apportioned against the exempt clinical side.
  • Backlogged expense coding buries therapy materials, standardized test kits and AAC trial equipment in a single miscellaneous account, so we reclassify each purchase, split capital items from consumables and restore the deductions your unfiled years lost.
  • Where associate therapists or an administrative assistant were paid without records, we rebuild the payroll register, remit outstanding source deductions with interest and issue the missing T4A slips that carry a minimum $100 CRA penalty once late.
  • With the books finally reconstructed we prepare and file each back year in sequence, oldest first, so your reported practice income, capital cost allowance pools and closing balances carry forward consistently instead of contradicting one another.
  • If your practice operates through a US C corporation, we prepare Form 1120 with the balance sheet and Schedule M-2 reconciled to your Canadian books, so the two sets of financial statements never diverge under examination.
  • A Canadian corporation with US-source therapy or consulting revenue but no permanent establishment still files a protective Form 1120-F with a treaty-based return position on Form 8833, preserving deductions the IRS otherwise denies outright.
  • Any 25% foreign-owned US entity must attach Form 5472 disclosing reportable transactions with you as related party, and a single missed or incomplete filing carries a $25,000 penalty that repeats every 30 days after IRS notice.
  • A US LLC is fiscally transparent south of the border but CRA treats it as a corporation, so we work through that hybrid mismatch and position your foreign tax credit before the same therapy income is taxed twice.
  • Teletherapy sessions delivered to families living in the United States raise state-level economic nexus and income-apportionment questions that federal treaty relief does not answer, so we map where your registration and state return obligations actually begin.
  • A Voluntary Disclosures Program application starts with Form RC199 setting out every year and every account at issue, filed with the supporting records before CRA contacts you about the speech-language pathology practice.
  • Acceptance turns on five conditions: the disclosure must be voluntary, complete, involve a penalty or its potential, cover information at least one year overdue, and include payment of the estimated tax owing.
  • Where private-pay therapy fees or agency contract income went unreported, or HST was collected on communication-device sales and never remitted after that ancillary line passed $30,000, we quantify both exposures before drafting the submission.
  • Personal spending drawn from a professional corporation and parked in a shareholder loan account becomes taxable income if it stays outstanding past the second year-end, so the disclosure addresses those draws rather than leaving them exposed.
  • CRA routes each application to the general program, which gives penalty relief and partial interest relief, or the limited program, which does not waive gross negligence penalties, and we build the file to argue for general treatment.

SLP Tax & Deduction Check

Six quick questions on how you are taxed, your assessment tools, your autism-funding income, your deductions and whether it is time to incorporate. No fee shown.

1. Are you employed on a T4, self-employed on a T2125, or incorporated?

2. Do you have a signed T2200 if you claim employment expenses?

3. Are you claiming your standardized assessment tools and therapy materials?

4. Are you tracking your autism-funding income cleanly?

5. Are you claiming your CASLPO dues and business-use-of-home?

6. Are you considering a Speech-Language Pathology Professional Corporation?

Free CPA Consultation for Speech-Language Pathologists

Case Studies: Speech-Language Pathologist Accounting & Tax

Toronto Pediatric Private-Practice SLP — Professional Corporation, Salary/Dividend & IPP

The problem: A busy pediatric private-practice speech-language pathologist was filing a personal T2125 and paying tax at Ontario’s top 53.53% rate on practice profit that had grown far beyond what she needed to draw. Her assessment and therapy fees were all HST-exempt, but she had no corporation, no plan for the surplus building up, and no retirement structure beyond a small RRSP.

What we did: We modelled the break-even, incorporated a Speech-Language Pathology Professional Corporation with the CASLPO Certificate of Authorization, moved her goodwill and assessment tools across on a section 85 rollover, then set a salary-and-dividend mix within the TOSI rules and funded an Individual Pension Plan so active income taxed at 12.2% under the $500,000 small business deduction stayed working for her.

The result:

  • Saved $23,100 per year in combined tax
  • Deferred tax on surplus left in the corporation at 12.2%
  • Funded retirement through an IPP from pre-tax dollars

Mississauga Tele-Practice SLP — Self-Employed T2125, Business-Use-of-Home & Assessment-Tool Deductions

The problem: A tele-practice speech-language pathologist filing through a DIY program had never claimed her business-use-of-home, her standardized assessment tools, her tele-practice software or her CASLPO dues, and was reporting gross tele-practice revenue with almost no expenses. Her self-employed CPP at 11.9% on Schedule 8 was being overpaid because net income was overstated year after year.

What we did: We rebuilt three years in Xero, captured every deductible cost on Form T2125, built the business-use-of-home portion under ITA 18(12), added her assessment tools to the correct CCA class, and corrected the returns through a T1 adjustment to claim the missed deductions and recalculate her self-employed CPP on true net income.

The result:

  • Saved $11,400 across three corrected tax years
  • Recovered overpaid CPP on restated net income
  • Assessment tools and home office now captured every year

Ottawa Speech-Language Pathologist — Autism-Funding Invoicing, Exempt-HST Confirmation & Bookkeeping Set Up

The problem: An Ottawa speech-language pathologist registered as an Ontario Autism Program provider was invoicing families and programs with no bookkeeping system, unsure whether she had to charge HST, and worried her autism-funding income was not being tracked cleanly enough to survive a CRA review. She had never confirmed her exempt status in writing.

What we did: We confirmed in writing that her assessment and therapy services are HST-exempt supplies with no registration required, set up QuickBooks Online to tie every autism-funding invoice to a deposit, separated any ancillary revenue, and built a clean monthly close so her income and expense records were audit-ready on her T2125.

The result:

  • Exempt-HST status confirmed — no registration needed
  • Autism-funding income tracked and reconciled every month
  • Books audit-ready and financing-ready for the first time

Our Simple Process

How We Work With Speech-Language Pathologists

Know Exact Fees within 2 Minutes NOW

Our clear, efficient process ensures every step is transparent, building trust and long-term client relationships.

Here’s a simplified process approach:
Step 1

Kickoff (Document Request)

Collect T4s or practice invoices, prior returns, any T2200, CASLPO and insurance receipts, home-office and mileage records, autism-funding and assessment-tool records, and bank statements.

Step 2

First 30 Days (Setup)

Set up QuickBooks Online or Wave, build income and expense categories, prepare your business-use-of-home schedule, and confirm your exempt-HST status.

Step 3

Monthly/Quarterly Close

Reconciliations, receipt capture, autism-funding income tracking, and assessment-tool and material cost logging.

Step 4

Planning Review

Employee versus self-employed versus incorporate, RRSP and IPP, reviewed before year-end.

Step 5

Year-End Close & T2125 (or T2) Filing

Income and expense records, financial statements, Form T2125 or a T2 for an incorporated practice, and CRA filing.

Get Your Speech-Language Pathologist Taxes Done Right Today

Transparent Pricing for Speech-Language Pathologists

Affordable Pricing for Speech-Language Pathologists

Know Exact Fees within 2 Minutes NOW

We believe in clear, upfront pricing so you know exactly what to expect. All fees include HST.

  • Tax Preparation (Speech-Language Pathologist, T2125) — From $400
  • Tax Return Filing (T1 with employment or business income) — From $400
  • Tax Compliance Audit — FREE CRA audit support for our clients
  • Tax Strategy — FREE for our clients
  • Accounting Base Plan — From $100 per month
  • Bookkeeping Management — Free for our Accounting clients
  • Financial Reporting — Free for our Accounting clients
  • Business Formation — Flat $35
  • Incorporation Process — Flat $35
  • Entity Setup Assistance — Flat $35
  • Full-Service Payroll — From $125 per month

Payment is by Interac e-Transfer to info@gondaliyacpa.ca only. Security question: Not Applicable, as auto-deposit is enabled.

Meet Your Lead Speech-Language Pathologist Accountant

Meet your lead speech-language pathologist accountant. As your SLP tax adviser across employed, self-employed and incorporated work, you deal with the same two people every year.

Sharad Gondaliya CPA

Sharad Gondaliya, CPA

Principal

Bio

647-212-9559
sharad@gondaliyacpa.ca

Vandana Goel CPA

Vandana Goel, CPA

Accounting Specialist

Bio

647-250-0242
vandana@gondaliyacpa.ca

What Our Clients Say

1300+ five-star reviews from speech-language pathologists and healthcare professionals across Ontario and Canada.

Serving Speech-Language Pathologists Across Ontario

Our CPA team provides specialized accounting and tax solutions for speech-language pathologists throughout Ontario. We understand how an SLP practice actually earns, why your assessment and therapy services are HST-exempt, how autism-funding income must be tracked, what CRA and the College of Audiologists and Speech-Language Pathologists of Ontario each expect, and when a professional corporation starts to pay.

Toronto (ON)

55 Queen St E Ste 1205, Toronto, ON M5C 1R6, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Mississauga (ON)

5373 Bullrush Dr, Mississauga, ON, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Brampton (ON)

4 Starhill Crescent, Brampton, ON L6R 2P9, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Scarborough (ON)

24 Clementine Square, Scarborough, ON M1G 2V7, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Vaughan (ON)

19 Cabinet Crescent, Woodbridge, ON L4L 6H9, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Oshawa (ON)

210 Durham St, Oshawa, ON L1J 5R3, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Ottawa (ON)

2090 Neepawa Ave a314, Ottawa, ON K2A 3L6, Canada

+1 (647) 212-9559

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Etobicoke (ON)

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70 Starling Dr, Hamilton, ON L9A 0C5, Canada

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1155 Gordon St, Guelph, ON N1L 1S8, Canada

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Windsor (ON)

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150 Graydon Hall Dr #912, North York, ON M3A 3B2, Canada

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Speech-Language Pathologist Accounting & Tax FAQs

Are my speech-language pathology services HST-exempt?
Yes. As a regulated speech-language pathologist your assessment and therapy services are exempt supplies under Schedule V, Part II of the Excise Tax Act, so you charge no HST on that clinical work and recover no input tax credits on the costs behind it. Because your practice is essentially all exempt, most SLPs never have to register for HST at all. The only pieces that could ever be taxable are ancillary and non-clinical: selling communication devices, or running non-clinical workshops, and even then only once that separate revenue passes the $30,000 small-supplier threshold. If you never sell devices or run taxable workshops, there is nothing to register for and nothing to charge. Getting this wrong in the other direction, and charging HST on exempt care, creates a liability to CRA for tax you were never supposed to collect. We confirm your exempt status in writing, keep any ancillary revenue separate, and file your return correctly so you are never assessed on tax you did not owe.
Should I incorporate my speech-language pathology practice?
Incorporating a Speech-Language Pathology Professional Corporation gives you a 12.2% Ontario rate on the first $500,000 of active income under the section 125 small business deduction, versus a personal rate reaching 53.53%. The benefit is real only when you consistently earn more than you draw to live on, because it is the surplus a corporation lets you defer. Incorporation also adds a CASLPO Certificate of Authorization, annual T2 filing and higher compliance cost. We model the break-even on your actual numbers rather than a rule of thumb.
Can a speech-language pathologist incorporate in Ontario?
Yes. Because a speech-language pathologist is a regulated profession, you can form a Speech-Language Pathology Professional Corporation, but you must first hold a Certificate of Authorization from the College of Audiologists and Speech-Language Pathologists of Ontario before the corporation may provide services. We handle the incorporation under the Ontario Business Corporations Act, the CASLPO Certificate of Authorization, and the section 85 rollover of your practice into the company.
How are SLPs taxed — employed, self-employed or incorporated?
Three ways. An employed school-board or hospital SLP files a T4 with limited deductions and needs a signed T2200 to claim anything. A private-practice SLP is self-employed on a T2125 with business-use-of-home, vehicle, dues and insurance deductions and self-employed CPP at 11.9% on Schedule 8. A busy clinician can incorporate a professional corporation and be taxed at 12.2% on active income. We work out which one fits and file it.
What can an employed school or hospital SLP deduct, and do I need a T2200?
An employed SLP has limited deductions, and most require a T2200 signed by your employer certifying your conditions of employment. With one, you can claim eligible employment expenses, and you can always deduct your CASLPO membership dues on line 21200, your Speech-Language and Audiology Canada dues and your professional liability insurance. Without a signed T2200, CRA disallows the employment expenses outright. We tell you what qualifies and get the form completed.
What can a self-employed private-practice SLP deduct?
On a T2125 you deduct the costs of running the practice: the business-use-of-home portion under ITA 18(12), vehicle and mileage on home visits, standardized assessment tools and therapy materials, tele-practice software, CASLPO and Speech-Language and Audiology Canada dues, professional liability insurance, continuing education, and staff wages. Your services stay HST-exempt, so you do not claim input tax credits on those costs. We capture every allowable deduction and keep the records CRA expects.
Can I write off my standardized assessment tools and therapy materials?
Yes. Standardized assessment tools and therapy materials used in your practice are deductible. Lower-cost materials are expensed in the year, while higher-cost assessment kits and equipment are added to the correct capital cost allowance class and deducted over time, with computers in Class 50. On a T2125 these reduce your net practice income directly. We make sure the split between expense and capital is right so nothing is denied on a CRA review.
Can I deduct my CASLPO dues and liability insurance?
Yes. The professional dues you must maintain to keep your status, including your College of Audiologists and Speech-Language Pathologists of Ontario membership and Speech-Language and Audiology Canada dues, are deductible, as is your professional liability insurance. An employee claims professional dues on line 21200; a self-employed SLP claims them as business expenses on the T2125. We make sure none of these are missed, because they are among the most commonly overlooked SLP deductions.
How do I track and report autism-funding income?
If you are registered as an Ontario Autism Program provider, you invoice families and programs, and that autism-funding income has to be recorded and reported like any other practice revenue. It does not change your HST position — your services remain exempt — but it must be tied cleanly to deposits so it can be reported on your T2125 and survive a CRA review. We set up your bookkeeping so every autism-funding invoice matches a payment and nothing goes unreported.
Should I pay myself salary or dividends from my professional corporation?
It depends on your numbers. Salary creates RRSP room, builds CPP and is deductible to the corporation; dividends avoid CPP and can be paid to family shareholders within the TOSI rules, reported on Form T1206 where the exclusions are not met. Most incorporated SLPs use a mix. We set the blend each year and keep any shareholder loan onside so CRA does not tax a withdrawal as income under the shareholder-benefit rules.
Should I set up an IPP for retirement?
An Individual Pension Plan can make sense for an established incorporated SLP, because it allows larger deductible contributions from the corporation than the RRSP ceiling once you are past about 40. It converts corporate surplus into funded retirement savings on a tax-deductible basis. It is not right for everyone, so we compare it against an RRSP on your actual income before recommending it.
What records does CRA want from an SLP?
CRA expects income and expense records that include your autism-funding income and assessment-tool costs, receipts for every deduction, a business-use-of-home calculation, a mileage log for home visits, and a signed T2200 for any employment expenses. You must keep them for six years under section 230. We set up the bookkeeping so the records exist before CRA ever asks.
How do I get started?
Book a free consultation and you will know your exact fees within two minutes. Call 647-212-9559 or email info@gondaliyacpa.ca.

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Speech-Language Pathologist Accounting & Tax Done Right.

Employed T4, self-employed T2125 and incorporated T2 filing, exempt HST confirmation, autism-funding invoicing, CASLPO dues, assessment-tool and business-use-of-home deductions, and the professional-corporation decision under one roof. AFFORDABLE flat fees, no hourly billing. Licensed CPA Ontario. 1300+ five-star reviews. 30-Day Money-Back Guarantee.



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