Tax Accountant for Subscription Box Businesses in Ontario and Across Canada
You are paid for boxes you have not shipped yet, and that one fact decides your tax bill. We reserve the unshipped portion of every prepaid three, six and twelve month plan out of income under ITA paragraph 20(1)(m), claim it on Schedule 13 and add it back under paragraph 12(1)(e) the following year, so you stop paying tax early on boxes you still have to buy, pack and ship. We put deferred revenue on your balance sheet as the liability it is, report cohort retention and churn against subscriber acquisition cost, write unsold curation down under ITA section 10, and issue ETA section 232 credit notes on a cancelled plan. Whether you ship a food and snack box, a beauty box, a coffee club or a pet crate, we handle the prepay, the curation and the churn — with AFFORDABLE flat fees.
AFFORDABLE Subscription Box Business Tax Accountant
A subscriber pays you in January for twelve boxes, and eleven of them do not exist yet. That is the whole accounting problem of a subscription box business, and almost every set of books we inherit gets it wrong in the same direction. The full annual prepay is reported as revenue in the year it was collected, so the company pays tax on eleven months of product it still has to source, curate, pack and ship, and its balance sheet shows no liability at all for what it owes its subscribers. The Income Tax Act does not ask you to do that. Paragraph 12(1)(a) brings the money into income when it is received, and paragraph 20(1)(m) reserves out the portion that relates to boxes still owed at year-end, claimed on Schedule 13 and added back under paragraph 12(1)(e) next year. At Gondaliya CPA, we specialize in deferred revenue, cohort economics and committed inventory for subscription box businesses, providing AFFORDABLE flat-fee support that keeps you CRA-compliant and stops you paying tax a year before you need to.
As a subscription box accountant, we work with food and snack box companies, beauty and cosmetics boxes, coffee and tea clubs, and pet and hobby crate businesses across Ontario, with year-round support rather than a once-a-year scramble. We tell you what you actually owe subscribers, what a cohort is really worth against what it cost to acquire, and how much of last month’s curation is now dead stock.
Let us handle the numbers so you can focus on the curation and the renewal rate.
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Accounting That Understands How a Subscription Box Business Actually Works
Recurring revenue comes with financial pressures a one-off store never faces. You hold money for goods you have not shipped, you buy next month’s curation against a subscriber count that will have moved by ship date, you recover the cost of a subscriber over months of renewals rather than on the first order, and a cancellation mid-plan sends money back out. At Gondaliya CPA, we understand that reality and provide practical, trade-focused solutions across Ontario.
Stay Compliant and Minimize Your Subscription Box Business Tax
For a subscription box business, staying onside with CRA, the Competition Bureau and the CFIA and paying the least legal tax are the same job. We keep every filing on schedule while claiming every reserve, inventory and fulfilment dollar the T2 allows, so nothing is missed and nothing invites a reassessment.
Accounting & Tax Experts for Subscription Box Businesses
- AFFORDABLE + Fully Registered CPA Firm
- Business and Corporate Tax Expert
- Small & Medium Business Expert
- Accounting, bookkeeping, and tax filing
- Certified CPA
- 1300+ 5-star Google reviews
- 30-Day Money-Back Guarantee
- 60-Day Fees Matching Policy
Why Choose Our Accounting Services for Subscription Box Businesses?
Tax Planning — The Prepay Reserve
We know the trade: the ITA paragraph 20(1)(m) reserve on unshipped boxes, Schedule 13 continuity, section 10 write-downs on dead curation. We protect the $500,000 Small Business Deduction.
Consulting — Cohorts & Churn
Our bookkeeping reports monthly recurring revenue, churn and cohort retention, and sets lifetime value against subscriber acquisition cost so you know what a signup is worth.
CRA Representation — Reserve & Rate Audit
When CRA challenges your reserve or your provincial HST rates, we prepare the response and pursue relief on Form RC4288 where a prior error caused the penalties.
Bookkeeping — Cash Flow & Sale
We build the cash flow that funds next month’s curation before the renewals bill, produce the statements your lender reads, and model the exit years ahead.
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Subscription Box Clients
Subscription Box Business Tax and Accounting Services in Ontario
Corporate Tax Filing (T2) for Subscription Box Businesses
Professional T2 preparation with the paragraph 20(1)(m) reserve on unshipped boxes, Schedule 13 continuity, section 10 inventory, and CRA compliance on every line.
Bookkeeping & Accounting for Subscription Box Businesses
Deferred revenue tracked plan by plan, gross sales rebuilt from Stripe and Shopify payouts, and cohort retention reported against acquisition cost.
Payroll Services for Subscription Box Businesses
Pack and fulfilment payroll with WSIB coverage, PD7A remittances, T4 and T4A slips filed on time, and peak-month crew tested against CRA guide RC4110.
GST/HST Filing for Subscription Box Businesses
AFFORDABLE HST filing with the rate set by subscriber province, prepays handled under ETA subsection 168(1), and every input tax credit recovered.
Tax Planning for Subscription Box Businesses
Smart tax planning on the reserve, the curation buy timed against your year-end, the Small Business Deduction, and the exit structure years ahead.
Corporate Catch-Up Filing for Subscription Box Businesses
File overdue T2 and HST years, rebuild the deferred revenue and inventory records, and get back into CRA compliance with accurate catch-up support.
CRA Audit Resolution for Subscription Box Businesses
Expert support for reserve, provincial rate and net-payout revenue audits, handled with confidence from the first letter.
CPA Financial Statements (Notice to Reader) for Subscription Box Businesses
CPA-compiled financial statements that lenders accept, carrying deferred revenue as a liability and inventory at the lower of cost and fair market value.
Incorporation Services for Subscription Box Businesses
Full incorporation including NUANS, articles, share structure, and the section 85 rollover of your subscriber list, inventory and brand into the company.
Catch-Up Bookkeeping Services for Subscription Box Businesses
Months or years of renewals, refunds, chargebacks and curation invoices reconstructed and reconciled, so your deferred revenue balance is finally accurate.
US Corporation & LLC Tax Filing for Subscription Box Businesses
Cross-border filing on United States subscribers and where owners or shareholders are non-resident or American, covering withholding and T1135 reporting.
Voluntary Disclosure Program for Subscription Box Businesses
Come forward on prepaid plans never reserved, HST charged at the wrong provincial rate or unfiled T4A slips before CRA calls, cancelling penalties through a Voluntary Disclosures Program application.
Accounting & Tax Services Tailored for Subscription Box Businesses
Real, practitioner-level CPA expertise for food and snack box companies, beauty and cosmetics boxes, coffee and tea clubs, and pet and hobby crate businesses across Ontario — built for a business that is paid today for boxes it ships over the next twelve months.
- We prepare your T2 with GIFI on Schedule 100 and Schedule 125, separating monthly recurring subscription revenue, prepaid annual plan revenue, one-time add-on shop sales and brand-sponsored placement fees onto their correct lines so CRA’s matching reads your file properly.
- Money received for boxes not yet shipped comes into income under ITA paragraph 12(1)(a), and we reserve the unshipped portion back out under paragraph 20(1)(m), so you are not taxed a full year early on goods you still owe.
- We carry that reserve on Schedule 13, the continuity of reserves schedule, and add the opening balance straight back into income the following year under ITA paragraph 12(1)(e), because a reserve claimed without the add-back is the error CRA finds fastest.
- We claim capital cost allowance on Schedule 8 with pack benches, shelving, carton sealers and label printers in Class 8 at 20%, servers and warehouse scanners in Class 50 at 55%, software in Class 12 and the fulfilment leasehold in Class 13.
- Unsold curation left over when the theme month has passed is inventory under ITA section 10 and we value it at the lower of cost and fair market value, so dead stock stops inflating your taxable income.
- We rebuild gross subscription sales from your Stripe and Shopify payouts through A2X, because the deposit is net of platform commission, processing, refunds and chargebacks, and books built from the bank understate your revenue and your expenses together.
- We keep a deferred revenue schedule plan by plan, counting the boxes still owed on every three, six and twelve month prepay, so the liability on your balance sheet is a number you can actually defend to CRA.
- We report monthly recurring revenue, churn and cohort retention every month in QuickBooks Online or Xero, because a subscription business that watches only total revenue cannot see a cohort quietly dying underneath a growing signup number.
- We set lifetime value against subscriber acquisition cost cohort by cohort, because you recover the cost of a subscriber over months of renewals rather than on the first box, and that ratio decides whether paid growth is profitable.
- We track the curation commitment for next month against the live subscriber count from Recharge or Chargebee, so the gap between boxes bought and boxes shipped is visible before it becomes obsolete stock.
- We run payroll for your pack and fulfilment staff with CPP, EI and income tax reconciled to the PD7A every remittance period, file the T4 slips and the T4 Summary, and keep WSIB coverage current on warehouse work.
- We test your peak-month pack crew against the CRA guide RC4110 factors, because a warehouse casual who works your shifts on your benches with your supplies is an employee whatever the invoice says, and CRA assesses the employer.
- We file T4A slips on the genuine contractors you pay, including influencers and affiliates billing you for promotion, so the commissions you deducted are reported the way CRA expects rather than sitting in an unsupported subcontractor line.
- We set the owner’s salary and dividend mix, paying enough T4 salary to build RRSP room and to use the Ontario employer health tax exemption sensibly, while the balance flows as dividends against the 53.53% top personal rate.
- We register and manage your payroll program account and calculate source deductions on the seasonal hires you take on for a holiday peak, because a remittance more than seven days late costs 10% of the amount due before interest.
- Under ETA subsection 168(1) the tax on a twelve-month prepay is payable when the consideration is paid, so the HST leaves in the quarter you collect while the income is reserved across the year, and we plan the cash for that gap.
- We set the rate by subscriber province rather than by your own address, so the same monthly billing run charges 13% in Ontario, 15% in the Atlantic provinces and 5% in Alberta, which is exactly what a GST34 reviewer tests first.
- Where a box ships outside Canada we review the zero-rating conditions in Schedule VI Part V of the Excise Tax Act against the actual export evidence rather than treating a foreign shipping address as an automatic answer.
- When a subscriber cancels mid-plan and you refund the unshipped months, we issue a credit note under ETA section 232 and adjust net tax within the four years that provision allows, instead of posting a negative sale to revenue.
- We recover input tax credits on outbound parcel postage, custom box and insert printing, third-party logistics pick-and-pack and storage, and the recurring billing apps, and claim the ETA section 231 bad debt adjustment on renewals that failed and were written off.
- We size the paragraph 20(1)(m) reserve before year-end so your taxable income lands under the $500,000 small business deduction limit and the first dollar is taxed near the 12.2% Ontario combined rate rather than at the general rate.
- We time the curation buy and the pack equipment purchase against your fiscal year-end, weighing the 55% Class 50 rate on servers and scanners against the 20% Class 8 rate on benches and sealers, so the deduction lands where it is worth most.
- We model paid acquisition spend against cohort payback, because subscriber acquisition cost is deductible the month it is spent while the revenue that justifies it arrives over the following year, and that timing difference is a real cash planning problem.
- We choose your fiscal year-end deliberately against the renewal calendar, because ending the year just after a large prepaid renewal wave leaves you holding cash and a big reserve, which is a very different T2 from ending just before it.
- We plan the exit years ahead, purifying the corporation so the shares qualify for the $1.25M Lifetime Capital Gains Exemption under ITA 110.6 on a share sale, and keeping the two-year holding and asset tests in view throughout.
- We rebuild subscription revenue, prepays, refunds and chargebacks across your unfiled years from the billing platform and the payout reports, restoring the six years of records ITA section 230 requires before anyone asks for them.
- Late filing costs 5% of the balance owing plus 1% per month up to twelve months, so we file your oldest unfiled T2 first to stop the penalty compounding and limit the interest running on top of it.
- We recompute the paragraph 20(1)(m) reserve for each unfiled year from the box counts actually outstanding at that year-end, and carry the continuity forward on Schedule 13 so every add-back under paragraph 12(1)(e) lines up.
- We file the overdue GST34 returns with the rate rebuilt by subscriber province rather than assumed at 13%, because a company that billed nationally and remitted Ontario-only has both an under-remittance and an over-remittance to sort out.
- Where the arrears came from a prior adviser’s error rather than neglect, we apply for penalty and interest relief on Form RC4288, and where nothing has been filed at all we look first at Form RC199.
- When CRA challenges your paragraph 20(1)(m) reserve, we produce the box-count computation, the plan terms and the Schedule 13 continuity behind it, because a reserve with no arithmetic under it is denied and the whole prepay lands in one year.
- When a GST34 reviewer tests your provincial rates, we produce the subscriber address file from Recharge or Chargebee reconciled to the return, which is the only evidence that answers a place of supply question.
- When CRA finds revenue that does not tie to your GST34 returns, we reconcile gross subscription sales to the net Stripe and Shopify payouts line by line, showing commission, processing, refunds and chargebacks as the separate expenses they are.
- When an inventory write-down is questioned, we produce the curation purchase invoices, the theme-month ship date and the evidence of value after the month passed, because ITA section 10 needs support and not an assertion.
- Where an assessment is wrong we file a Notice of Objection within the 90 days allowed, and where a penalty followed from a prior accountant’s treatment of your prepays we pursue relief on Form RC4288 at the same time.
- We prepare the CSRS 4200 compilation engagement financial statements a lender requires across two fiscal years for the operating line that funds next month’s curation buy before the renewals bill and the cash arrives.
- Your compiled statement of financial position carries deferred revenue as a liability for every box still owed, which a lender discounts straight out of working capital, so we make sure the number is right rather than optimistic.
- Inventory is stated at the lower of cost and fair market value under ITA section 10, with landed cost including freight, duty and brokerage, and the unsold curation from past theme months written down separately.
- We present a monthly recurring revenue and churn schedule alongside the statements, because a lender sizing a facility against a subscription business reads retained cohorts long before it reads your top-line revenue number.
- Fixed assets are carried at net book value split by capital cost allowance class, separating the Class 50 servers and scanners from the Class 8 pack equipment and the Class 13 fulfilment leasehold, which finance very differently.
- We incorporate your subscription box business under the Ontario Business Corporations Act with NUANS and articles, giving you limited liability on product you did not manufacture and roughly the 12.2% Ontario small-business rate against 53.53% personally.
- We complete the section 85 rollover on Form T2057, transferring your existing subscriber list, inventory, brand and goodwill into the corporation at elected amounts, deferring the capital gain that would otherwise arise on the transfer.
- We design the share structure at the outset, with growth shares and a family trust where it genuinely fits, and we check the tax on split income rules before assuming any dividend can be sprinkled to a relative.
- We register your Business Number with an RT program account, because a prepaid annual plan pushes a young box past the $30,000 small supplier threshold over four consecutive calendar quarters much faster than monthly billing does.
- We choose the first fiscal year-end against your renewal calendar and your peak shipping month, because the year-end you pick determines how large a reserve you are carrying and how much cash is sitting against it.
- We rebuild months or years of neglected books from the Recharge or Chargebee exports, the Shopify order file and the bank statements, so a business that ran two seasons on a spreadsheet finally gets a real ledger.
- We rebuild the deferred revenue balance plan by plan, counting the boxes remaining on every prepay at each year-end, which is the number nobody inherits correctly and the one your whole T2 turns on.
- We rebuild the inventory account from curation purchase invoices, separating current theme stock from leftovers, and applying the ITA section 10 lower of cost and fair market value test to each past month’s dead curation.
- We rebuild the fixed asset schedule item by item and split it across Class 8, Class 50, Class 12 and Class 13, which is almost always pooled into one line when we inherit a subscription box file.
- We rebuild refunds and chargebacks as ETA section 232 credit notes rather than as negative sales, so gross revenue, net tax and the GST34 returns finally tie to each other and to the T2 you file.
- On boxes shipped to United States subscribers we review the Canadian export and place of supply rules against what actually left the country, and we flag United States state sales tax as a real question for a United States adviser.
- Where a non-resident owns shares in your company, we handle the Part XIII withholding on dividends paid out of Canada and the NR4 reporting that follows, so nothing is missed on either side of the border.
- We file Form T1135 where your foreign property cost more than $100,000 at any time in the year, which catches United States fulfilment deposits and foreign-held cash far more often than subscription owners expect.
- Where you have set up a United States entity to hold inventory closer to your subscribers, we coordinate the Canadian and United States filings so the same profit is not taxed twice under the treaty.
- We record foreign exchange on United States dollar advertising invoices and United States dollar supplier payments as it happens rather than averaging at year-end, because on a paid-acquisition-heavy subscription business that difference is not small.
- We bring your company forward where prepaid annual plans were never reserved and the tax was paid a year early, or where a reserve was claimed and never added back under paragraph 12(1)(e), on Form RC199.
- We disclose HST charged at 13% to every subscriber while your address file shows Alberta, British Columbia and Nova Scotia, because a national billing run remitted at one rate under-remits and over-remits in the same period.
- We come forward on unfiled T4A slips for the influencers, affiliates and pack contractors you paid for years, because the per-slip penalties and the classification exposure both sit behind that one subcontractor line.
- We disclose brand-sponsored placement fees received from suppliers for inclusion in a box and never reported as revenue, because that money is income whether or not it ever passed through your storefront.
- A Voluntary Disclosures Program application accepted under the general program cancels the penalties in full and gives roughly 50% interest relief, which is a far better outcome than waiting for a CRA letter to arrive first.
Subscription Box Prepay & Tax Check
Six quick questions on your prepaid plans, your deferred revenue, your provincial HST rates, your cohort economics, your leftover curation and whether it is time to incorporate. No fee shown.
1. Do you reserve the unshipped portion of a prepaid plan under paragraph 20(1)(m)?
2. Does your balance sheet carry deferred revenue for every box still owed?
3. Is your HST rate set by subscriber province rather than by your own address?
4. Do you track lifetime value against subscriber acquisition cost by cohort?
5. Is unsold curation from past theme months written down at year-end?
6. Is your subscription box business incorporated?
Free CPA Consultation for Subscription Box Businesses
Case Studies: Subscription Box Accounting & Tax
Toronto Snack Box — A Year of Tax Paid Twelve Months Early
The problem: A Toronto snack box company pushed hard on annual plans because the cash was better, and by its October year-end it was holding a large balance of prepaid twelve-month subscriptions. Its previous accountant had reported every dollar of those plans as revenue in the year collected. The company was paying corporate tax on boxes it had not sourced, not packed and not shipped, and its balance sheet showed no liability at all for what it owed those subscribers. It was borrowing on an operating line to buy curation it had already been taxed on.
What we did: We counted the boxes still owed on every open plan at the year-end date, computed the ITA paragraph 20(1)(m) reserve on that box count, claimed it on Schedule 13, and set up the paragraph 12(1)(e) add-back for the following year so the continuity runs correctly from now on.
The result:
- Unshipped boxes reserved out of income at year-end
- Deferred revenue now shown as a liability on the balance sheet
- Schedule 13 continuity set up and the add-back scheduled
Hamilton Beauty Box — One HST Rate for the Whole Country
The problem: A Hamilton beauty box shipped to subscribers in every province and charged 13% to all of them, because that is the rate the owner knew. The subscriber file in Recharge told a different story: a large Alberta cohort billed at 13% when 5% applied, and Nova Scotia and New Brunswick subscribers billed at 13% when 15% applied. The company had over-collected from some subscribers and under-remitted on others in the same reporting periods, and none of it tied back to the GST34 returns.
What we did: We rebuilt the billing file by subscriber province across the open periods, recomputed net tax period by period, issued credit notes under ETA section 232 where tax had been over-charged, and reconfigured the billing platform so the rate is now set by the subscriber’s address on every renewal.
The result:
- Rates corrected to 13%, 15% and 5% by subscriber province
- Credit notes issued under ETA section 232 where over-charged
- GST34 returns now tie to the billing platform
Guelph Coffee Club — The Cohort Nobody Was Watching
The problem: A Guelph coffee subscription had growing signups every quarter and a bank balance that never grew with them. The owner read one number, total revenue, and it was going up. Underneath it, each cohort was losing roughly half its subscribers before the fourth box, so the paid acquisition spend that bought them was never recovered. Nobody was tracking churn, nobody was tracking cohort retention, and the leftover curation from three theme months was still sitting in inventory at full cost.
What we did: We built cohort retention, churn and monthly recurring revenue reporting in QuickBooks Online against the Chargebee export, set lifetime value against subscriber acquisition cost for each cohort, and applied the ITA section 10 lower of cost and fair market value test to the dead curation, saving the owner roughly 20 hours a month of spreadsheet work.
The result:
- Cohort retention and churn reported monthly
- Lifetime value set against acquisition cost per cohort
- Roughly 20 hours a month of spreadsheet work removed
Our clear, efficient process ensures every step is transparent, building trust and long-term client relationships.
Kickoff (Document Request)
Collect prior T2 returns, the active plan list with remaining box counts, Stripe and Shopify payout reports, curation purchase invoices, 3PL and postage statements, the warehouse lease, payroll records, and bank statements.
First 30 Days (Cleanup & Setup)
Set up QuickBooks Online or Xero with A2X against Recharge, Chargebee or Stripe Billing, build the deferred revenue schedule, and rebuild the Class 8, 50, 12 and 13 asset pools.
Monthly Close
Gross-to-net payout reconciliation, deferred revenue rolled forward on the boxes shipped, cohort retention and churn reporting, GST34 with the rate by subscriber province, and payroll and PD7A reconciliation.
Quarterly Planning Review
Reserve size against the $500,000 small business deduction, salary and dividend mix, curation buy timing, lifetime value against acquisition cost by cohort, and cash flow against the renewal calendar.
Year-End Close & T2 Filing
Trial balance, financial statements with deferred revenue as a liability and inventory at the lower of cost and fair market value, the paragraph 20(1)(m) reserve on Schedule 13, T2 with GIFI, and CRA preparation.
Get Your Subscription Box Business Taxes Done Right Today
Affordable Pricing for Subscription Box Businesses
We believe in clear, upfront pricing so you know exactly what to expect. All fees include HST.
- Tax Preparation (Corporation) — From $400
- Tax Return Filing (Corporation) — 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 Subscription Box Accountant
Meet your lead subscription box accountant. As your recurring revenue and corporate tax adviser, you deal with the same two people every year.
What Our Clients Say
1300+ five-star reviews from subscription, e-commerce and online business owners across Ontario and Canada.
Serving Subscription Box Businesses Across Ontario
Our CPA team provides specialized accounting and tax solutions for subscription box and recurring revenue businesses throughout Ontario. We understand why money taken for boxes you have not shipped is not yet all income, how a cohort pays back the cost of acquiring it, what happens to last month’s unsold curation, and what CRA looks at first when it opens a subscription file.
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)
2100 Camilla Rd #716, Mississauga, ON L5A 2J8
+1 (647) 212-9559
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Brampton (ON)
4 Starhill Crescent, Brampton, ON L6R 2P9, Canada
+1 (647) 212-9559
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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
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Ottawa (ON)
2090 Neepawa Ave a314, Ottawa, ON K2A 3L6, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Etobicoke (ON)
60 Stevenson Rd #1601, Etobicoke, ON M9V 2B4, Canada
+1 (647) 212-9559
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Hamilton (ON)
70 Starling Dr, Hamilton, ON L9A 0C5, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Guelph (ON)
1155 Gordon St, Guelph, ON N1L 1S8, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Windsor (ON)
4387 Guppy Ct, Windsor, ON N9G 2N8, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
North York (ON)
150 Graydon Hall Dr #912, North York, ON M3A 3B2, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Subscription Box Accounting & Tax FAQs
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Subscription Box Accounting & Tax Done Right.
T2 filing with the unshipped portion of every prepaid plan reserved out of income under ITA paragraph 20(1)(m), claimed on Schedule 13 and added back under paragraph 12(1)(e) the following year, deferred revenue carried on the balance sheet as the liability it is, cohort retention and churn reported against subscriber acquisition cost, unsold curation valued under ITA section 10 at the lower of cost and fair market value, the HST rate set by subscriber province rather than by your own address, and refunds on a cancelled plan issued as ETA section 232 credit notes. AFFORDABLE flat fees, no hourly billing. Licensed CPA Ontario. 1300+ five-star reviews. 30-Day Money-Back Guarantee.