Tax Preparation Contractor – T1 & T2

Wellspring Accounting | Remote – Canada

Wellspring Accounting is an accounting and bookkeeping firm focused on Ontario wellness professionals and small owner-managed businesses.

We are looking for an experienced Tax Preparation Contractor to support our client base with T1 personal income tax returns and T2 corporate income tax returns.

This is a flexible contract role suited to someone with Canadian tax preparation experience who can take a clean bookkeeping file and independently prepare a high-quality tax return and supporting working papers.

The majority of our clients are healthcare and wellness professionals operating either as sole proprietors or small privately held corporations.

What You’ll Do

Depending on your experience, responsibilities may include:

T1 Returns

- Prepare Canadian T1 personal income tax returns
- Prepare self-employment and qualified-business schedules
- Review investment income, employment income, deductions, credits, and other common personal tax items
- Reconcile business income to client bookkeeping records
- Identify missing information or inconsistencies before completing returns
- Prepare clear working papers supporting material tax positions
- Review prior-year returns and notices of assessment where relevant
- Identify straightforward tax-planning or compliance issues for escalation

T2 Returns
- Prepare T2 corporate income tax returns for Canadian-controlled private corporations
- Map trial balances and financial statements to tax return schedules
- Prepare common tax adjustments and Schedule 1 reconciliations
- Prepare tax depreciation / CCA schedules
- Review shareholder loan accounts
- Review meals, entertainment, automobile, home-office, and other common tax adjustments
- Prepare Schedules 3, 7, 8, 23, 50 and other applicable schedules
- Calculate federal and Ontario corporate income taxes
- Review instalments and taxes payable
- Maintain clear supporting working papers
- Compare returns to the prior year and investigate significant changes




- Flag technical or unusual tax matters requiring additional review

Depending on experience, there may also be opportunities to assist with:
- T4 and T4A review
- HST matters
- Tax planning
- Corporate reorganizations and shareholder transactions
- CRA correspondence and Notices of Assessment
- Year-end review of client bookkeeping files

What We’re Looking For

Required

- At least 2 tax seasons of Canadian tax preparation experience
- Hands-on experience preparing T1 returns
- Hands-on experience preparing T2 corporate tax returns
- Strong understanding of Canadian personal and corporate income tax fundamentals
- Experience working with owner-managed businesses
- Ability to independently identify missing information and unusual items
- Strong attention to detail
- Organized working-paper practices
- Ability to meet filing deadlines without extensive supervision
- Clear written communication

We are specifically looking for someone who has actually prepared returns, rather than someone whose experience has primarily involved administrative processing or assembling tax documents.

Strong Assets

- CPA designation or CPA student
- Previous experience with a Canadian public accounting firm
- Experience with professional corporations
- Experience with healthcare professionals
- Experience with TaxCycle, Profile, Cantax, or similar Canadian tax software
- QuickBooks Online experience
- Experience reviewing bookkeeping before preparing a tax return
- Experience with owner-manager compensation, dividends, shareholder loans, and common CCPC tax issues
- Experience preparing investment-income schedules and reviewing eligible/non-eligible dividend balances

A CPA designation is an asset but not necessarily required.



Strong practical tax-preparation experience is more important.

Working Arrangement

- Independent contractor
- Remote
- Flexible hours
- Workload can vary throughout the year
- Higher volume expected during personal and corporate tax filing periods
- Potential for an ongoing relationship rather than a single tax season

We are open to someone who already operates their own tax practice or works independently, provided they have sufficient availability and there are no conflicts with servicing Wellspring clients.

Compensation can be structured hourly, per return, or based on an agreed contractor rate, depending on experience and preferred working arrangement.

What Success Looks Like The right person should be able to receive a reasonably clean client file and:

- Understand the client’s situation quickly
- Determine what information is missing
- Prepare an accurate return
- Maintain organized supporting documentation
- Identify anything unusual rather than making assumptions
- Clearly flag issues requiring higher-level review
- Deliver the file on schedule

We’re looking for someone who exercises judgment. We don’t want a preparer who simply enters whatever appears in the bookkeeping system without considering whether it makes sense.

About Wellspring Accounting

Wellspring Accounting provides bookkeeping, accounting, and tax support designed around Ontario wellness professionals.

Our clients are generally small, owner-operated practices. We aim to combine strong accounting fundamentals with simple processes and modern technology so clients get reliable financial information without unnecessary complexity.

To apply: Please send us your resume and a short description of your Canadian tax experience, including approximately how many T1 and T2 returns you have prepared, the tax software you’ve used, your availability, and your preferred contractor compensation structure.

Pay: From $30.00 per hour

Benefits

- Flexible schedule

Work Location: Remote

📌 &Tax Preparation Contractor (Canada)
🏢 Wellspring Accounting
📍 Canada